UBA Announces Appointment Of Henrietta Ugboh As Non-Executive Director 

*Owanari Duke Retires from Group Board

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the

appointment of Henrietta Ugboh as an Independent Non-Executive Director.

The appointment has been approved by the relevant regulatory bodies,

including the Central Bank of Nigeria.

UBA’s Group Chairman, Tony Elumelu, CFR commenting on the appointment,

said, “Henrietta Ugboh brings a track record of professional success, integrity

and leadership, which will further strengthen the UBA Group Board,

underlining once again the Group’s commitment to robust corporate

governance.”

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’s Executive Management Program. She has over 30 years

experience in banking with Citibank 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

includes commercial banking, credit, and risk management, the UBA Board is

delighted to welcome Mrs Ugboh to the Group Board, “We look forward to

her invaluable contribution to the Group, as we continue to execute our

unique growth strategy across Africa and globally.”

The Board also announced the retirement of Mrs. Owanari Duke, an

Independent Non-Executive Director, who joined the UBA Group Board in

October 2012.

During her tenure, Mrs. Duke provided distinguished leadership, serving on

Committees of the Bank including the Board Governance Committee, Board

Audit, Governance, Nomination & Remuneration Committee, Board Credit

Committee, Finance & General Purpose Committee and Statutory Audit

Committee.

On behalf of the board, Mr. Elumelu expressed UBA’s deep appreciation to

Mrs. Duke for her dedication and significant contributions to the Group,

wishing her the best in her future endeavour.

United Bank for Africa Plc is a leading Pan-African financial institution,

offering banking services to more than forty-five million customers, across

1,000 business offices and customer touch points in 20 African countries.

With presence in New York, London, Paris and Dubai, UBA is connecting

people and businesses across Africa through retail, commercial and corporate

banking, innovative cross-border payments and remittances, trade finance

and related banking services