UBA appoints first female CEO for Africa

Ghanaian-born Mrs. Abiola Bawuah has been appointed as the new Chief Executive Officer of United Bank for Africa, (UBA) Plc’s Africa division. Bawuah would be in charge of managing the bank’s operations across Africa outside from Nigeria.

She is the first female CEO of the UBA Africa and her appointment demonstrates the bank’s commitment to diversity.

A report by Nairametrics says Bawuah’s appointment brings the number of female directors across the UBA Group to eight.

UBA also announced other key executive appointments across the group.The appointments include: Regional CEO of UBA West Africa, Chris Ofikulu; Deputy Managing Director of UBA Ghana, Uzoechina Molokwu; Managing Director/CEO UBA Liberia, Ayokunle Olajubu; CEO of UBA UK, Theresa Henshaw; Deputy CEO in UBA America, Usman Isiaka; and Group Treasurer, Adeyemi Adeleke, all appointments subject to their various local regulatory approvals.

Speaking on Bawuah’s appointment, the Group’s Board Chairman, Mr Tony Elumelu, said, “Abiola has contributed significantly to the growth of UBA Africa for close to a decade. She brings a wealth of experience in commercial banking, and stakeholder engagement. It also gives me great pleasure that with her appointment, the UBA Group Board has now become a majority female board.”

Chinyere Treasure Mbadiwe
Chinyere Treasure Mbadiwehttp://wakadaily.com
Chinyere Treasure Mbadiwe is the Co-founder and CEO of Wakadaily News. With a B.Sc. in Business Administration from the National Open University of Nigeria (NOUN), she brings a wealth of leadership and strategic expertise to the platform. Chinyere is passionate about delivering high-quality, engaging news that informs and empowers audiences. Her vision for Wakadaily is to create a space where reliable, diverse, and impactful content connects people and fosters informed conversations.

Popular Related

Union Bank promotes female inclusion

The appeals for a fair and inclusive society free from prejudice, stereotyping, and discrimination especially against women have been reaffirmed by Union Bank of...

Naira Declines, Foreign Reserves Decrease Despite Currency Reforms

Nigeria’s ambitious foreign exchange reforms under President Bola Tinubu have not met expectations, with critics pointing to poor execution. Over the past year of Tinubu’s...

Accept old naira notes, Oyebanji urges Ekiti residents 

The governor of Ekiti State, Biodun Oyebanji has urged residents to continue to accept the old and new naira notes as means of transactions...

Binance confirms working with FG to block dollar-naira exchange

Binance, popular cryptocurrency exchange company has confirmed the blockage of its official website from Nigerian users. This was contained in a statement by the firm...

Report says: African ESG bonds hit $4.4 billion naira 

The International loan securities provided by African entities to raise funds for investments observed with Environmental, Social and Governance principles has hit $4.4bn in...

CBN begins weekly sale of $15.7m to 785 BDCs

The Central Bank of Nigeria has begin dollar sales to Bureau De Change, with the sales of $15.7 million to 785 BDCs across the...

Obasanjo: Mismanagement of Fuel Subsidy Removal and FX Hurts Nigerians

Former President Olusegun Obasanjo stated that Nigerians are becoming poorer and the economy is suffering due to President Bola Tinubu's poorly executed policies on...

CBN introduces FX price verification system portal for importers 

The Central Bank of Nigeria, CBN, says a system for verifying foreign exchange prices has been put in place to provide importers access to...

Naira increase to 1,609/$ at official market

On Wednesday, naira appreciated marginally against the United States dollar from N1,615.94 to N1,609  at the official market. This specify an increase of N6 or...

Nigeria’s public debt stock hits N44.6 trillion

The Debt Management Office (DMO) said Nigeria’s total public debt reached N44.6 trillion in the third quarter of this year (Q3 in 2022). This...