UBA appoints Ugboh as independent non-executive director

United Bank for Africa (UBA) Plc has announced the appointment of Henrietta Ngozi Ugboh as an independent non-executive director on the group’s board.

The appointment has been duly approved by the relevant regulatory bodies including the Central Bank of Nigeria (CBN), which okayed the appointment last Friday.

UBA’s Group Chairman, Tony Elumelu, said: “Ugboh exemplifies the qualities of a seasoned banker and professional, with decades in her banking career.”

Ugboh holds a degree in Economics and Statistics from the University of Benin, an MBA from ESUT Business School and is an alumnus of the Harvard Business School.

She has over 30 years of experience in banking and is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a fellow of the Institute of Credit Administration (FICA).

Elumelu added that with her considerable experience and expertise which spans commercial banking, credit and risk management amongst others.

“The board is excited about the positive accomplishment she will bring to the bank, adding: “We look forward to her invaluable contributions to the group.”

The Board also announced the retirement of Owanari Duke, an Independent non-executive director, who joined the UBA Group Board in October 2012.