UBA appoints Abiola Bawuah as first female CEO for operations in Africa

The Board of Directors of United Bank for Africa Plc has announced the appointment of Ms. Abiola Bawuah as Chief Executive Officer (CEO) of UBA Africa.

According to a statement from the bank, Bawuah will also join the Group Council as an executive director and oversee the Group’s operations on the African continent, outside Nigeria.

Bawuah, a Ghanaian national, is UBA Africa’s first female CEO.

Prior to her appointment, she served as Regional CEO, West Africa, overseeing the Group’s operations in nine subsidiaries, including Benin, Burkina Faso, Ivory Coast, Ghana, Guinea, Liberia, Mali, Senegal and Sierra Leone. She previously held the role of CEO, UBA Ghana.

Commenting on the new appointment, the Group’s Chairman of the Board of Directors, Mr. Tony O. Elumelu, said: “Abiola has contributed significantly to the growth of UBA Africa for nearly a decade. She brings a wealth of experience in commercial banking and stakeholder engagement. I am also very pleased that with her appointment, the UBA Group Board has now become a majority female board.”

The UBA Group also announced other appointments.

Chris Ofikulu has been appointed as Regional CEO of UBA West Africa.

A statement from the bank said that Ofikulu has more than two decades of banking experience in corporate, commercial and personal banking.

Likewise, Uzoechina Molokwu was appointed as Deputy General Manager (DMD) of UBA Ghana, subject to local regulatory approvals. He was previously Executive Director, Business Development – ​​UBA Côte d’Ivoire and has over 23 years of banking experience.

Ayokunle Olajubu was also announced as Managing Director/CEO UBA Liberia, subject to local regulatory approvals. He currently drives compliance across all subsidiaries in Africa and has 30 years of banking experience in Nigeria and other African countries including Sierra Leone, Ivory Coast and The Gambia.

Other appointments include that of Theresa Henshaw who was appointed CEO of UBA UK, subject to local regulatory approvals. She was formerly the DMD, Business Development, UBA America and joined the group as ED, Business Development at UBA UK.

UBA Sierra Leone’s current CEO Uman Isiaka has also been appointed as deputy CEO in UBA America, subject to approval by local regulatory authorities.

Adeyemi Adeleke, the former CEO of UBA, UK, is now the Group Treasurer. Adeleke will work to unlock the tremendous value in the Group’s multi-jurisdictional balance sheet, leveraging its presence in 24 countries inside and outside Africa.

In addition to the board appointments, UBA announced that High Chief Samuel Oni, an independent non-executive director, is stepping down from the board upon the expiration of his term. He joined the UBA Group in January 2015 and served on the Board of Directors of the UBA Group for eight years.

The Group Chairman, Mr. Elumelu, expressed his appreciation to High Chief Oni for his commitment, leadership and extensive contributions to the UBA Group and wishes him well on behalf of the Board of Directors in all his future endeavors.

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