The United Financial institution for Africa (UBA) Plc has confirmed the appointment of Henrietta Ugboh as an Impartial Non-Govt Director whereas an Impartial Non-Govt Director, Mrs. Owanari Duke, has retired from the group board.
The related regulatory our bodies, together with the Central Financial institution of Nigeria (CBN) have authorized Ugboh’s appointment which the UBA Group Chairman, Tony Elumelu, has additionally lauded.
“Henrietta Ugboh brings a monitor file {of professional} success, integrity and management, which can additional strengthen the UBA Group Board, underlining as soon as once more the Group’s dedication to strong company governance,” Elumelu stated.
Ugboh holds a level in Economics and Statistics from the College of Benin, and an MBA from ESUT Enterprise College.
She can also be an alumnus of the Harvard Enterprise College’s Govt Administration Programme.
Ugboh is vastly skilled, having spent over 30 years within the banking trade with Citibank whereas she is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit score Administration (FICA).
Elumelu stated the group appears ahead to her invaluable contribution together with her new position as unbiased non-ED, including that together with her appreciable expertise and experience, which embody business banking, credit score, and danger administration, the UBA board is delighted to welcome Mrs. Ugboh.
“We look ahead to her invaluable contribution to the Group, as we proceed to execute our distinctive development technique throughout Africa and globally”, Elumelu stated.
The board additionally confirmed the retirement of Mrs. Duke, an unbiased non-executive director, who joined the UBA Group Board in October 2012.
Throughout her tenure, Mrs. Duke offered distinguished management, serving on Committees of the Financial institution together with the Board Governance Committee, Board Audit, Governance, Nomination & Remuneration Committee, Board Credit score Committee, Finance & Basic Function Committee and Statutory Audit Committee.
On behalf of the board, Mr. Elumelu expressed UBA’s deep appreciation to Mrs. Duke for her dedication and important contributions to the Group, wishing her one of the best in her future endeavour.
