United Bank for Africa Plc (UBA) has appointed Mrs. Henrietta Ngozi Ugboh as an Independent Non-Executive Director, with the approval from the Central Bank of Nigeria (CBN) on November 8, 2024. The announcement, released in a statement to the Nigerian Exchange Limited, highlights Ugboh’s extensive 30-year career in banking, which includes a degree in Economics and Statistics from the University of Benin, an MBA from ESUT Business School, and executive training from Harvard Business School. Ugboh is also recognized as an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and holds a Fellowship with the Institute of Credit Administration (FICA).

UBA Group Chairman, Tony Elumelu, praised Ugboh’s deep industry expertise in areas such as Commercial Banking, Credit, and Risk Management, noting that her appointment brings a wealth of strategic experience that will greatly benefit the organization. Elumelu expressed anticipation for her contributions, underscoring the importance of her background in shaping UBA’s strategic direction.

In the same announcement, UBA acknowledged the retirement of Mrs. Owanari Duke, who served as an Independent Non-Executive Director since October 2012. During her tenure, Duke held leadership roles across several of the bank’s key committees, including the Board Governance Committee, Board Audit, Governance, Nomination & Remuneration Committee, Board Credit Committee, Finance & General Purpose Committee, and the Statutory Audit Committee. UBA commended Duke’s exemplary leadership and commitment to the bank over the past decade, noting her significant impact on governance and strategic oversight.