Rose Adebayo, Angela Aneke join UBA board

by Ruth Olurounbi
3 minutes read
  • As the Pan African banks appoints two other men

Two top women in the world of finance have joined the Pan African bank, United Bank for Africa (UBA). The women are Rose Adebayo and Angela Aneke.


Adebayo, a Cambridge University alumnus and former First Lady of Ekiti State, previously served on the boards of several organisations, including Dangote Foundation, DN Meyer Plc, Wemabod Estates and is a council member of the Nigerian Stock Exchange. She also brings her extensive experience in real estate development to the bank.


Aneke is joining UBA as a board advisor, banker and a strategic thinker with over 30 years’ experience in financial services with specialities in the areas of financial control, strategy, transaction banking, corporate banking, retail banking and governance.  She has held executive management and board positions in several international and regional institutions, including Ecobank Transnational Incorporated and the United Bank for Africa.


The two women are joined by  Alhaji Abdulqadir Jeli Bello and Isaac Olukayode Fasola, an emailed statement from the bank said.


Fasola is bringing 30 years of cognate experience obtained from Management and Board positions covering banking operations, risk management, credit analysis, insurance, asset management, business strategy/development, performance management and corporate governance to the bank; and Bello, a Chartered Accountant who has previously served in UBA as the Group Chief Credit Officer and thereafter as the Executive Director in charge of Risk Management for UBA Group, Bello, a Chartered Accountant, also brings over 30 years experience in corporate banking sector to the table.


The appointments, subject to the approval of the Central Bank of Nigeria (CBN), follow the retirement of Rose Okwechime, Adekunle Olumide, OON, Alhaji Ja’afaru Paki and Yahaya Zekeri, with effect from August 30, 2018.


“I am pleased to welcome Erelu Adebayo, Angela Aneke, Abdulqadir Bello and Kayode Fasola to the Group Board. These men and women bring a wealth of experience in their fields and will be tremendous assets, as we deliver on our mission to become the leading Pan-African financial institution in all our countries of operation.


“I am particularly pleased that two of the newly appointed Non-Executive Directors are women, bringing the total number of women to four, a further demonstration of our commitment to ensuring equality for both men and women,” Tony O. Elumelu, the Group Chairman of the Bank said in the statement.


The appointments also follows the bank’s strong H1 2018 performance with a PBT of N58.1 billion. With the successful expansion of its retail operations, UBA now operates in 20 countries in Africa, following its recent acquisition of a licence in Mali and the United Kingdom. The bank also has offices in New York City and in Paris.

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