United Bank for Africa (UBA) Plc on Tuesday announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director.
UBA confirmed in a statement that Mrs Ugboh’s appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria.
UBA’s Group Chairman, Tony Elumelu, 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 who holds a degree in Economics and Statistics from the University of Benin, and an MBA from ESUT Business School, is an alumnus of the Harvard Business School’s Executive Management Programme.
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 said with her considerable experience and expertise, which includes commercial banking, credit, and risk management, the UBA Board was 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,” Elumelu said.
Ugboh’s appointment followed the announcement by the Board of the retirement of Mrs. Owanari Duke, as an Independent Non-Executive Director, of the UBA Group Board since October 2012.
UBA said 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, and wished her the best in her future endeavour.
