Business

Rose Adebayo, Angela Aneke join UBA board

245
  • 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.

Leave a comment

Related Articles

CBN dissolves boards of Union, Keystone, Polaris Banks

The Central Bank of Nigeria (CBN) has announced the dissolution of the...

Heritage Bank: Customers to receive payments within one week – NDIC MD

The Nigerian Deposit Insurance Corporation (NDIC) has assured depositors of Heritage Bank...

Nigeria’s current account balance surges by $1.43bn – IMF

The International Monetary Fund’s World Economic Outlook Database indicators have revealed that...

Three Shell companies in Nigeria, partners spent $42.2m on social investment in 2023

Three Shell companies in Nigeria, partners spent $42.2m on social investment in...

Heritage Bank liquidation: NDIC spells out fund retrieval process for customers

The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Heritage...

Update: CBN revokes Heritage Bank’s operating license, appoints NDIC as liquidator

The Central Bank of Nigeria (CBN) has revoked the license of Heritage...

Q1 2024: FBN holdings flaunts impressive performance, posts N238.53bln profit before tax

With its impressive performance as one of the oldest banks in Nigeria...

Naira surges by 9.68% at the official window, closing at N1,339.33/$1

The Nigerian naira appreciated significantly against the US dollar on Monday, closing...

UBA at 75: It’s testament to resilience, innovation, remarkable financial strength – GMD

In its 75 years of operation, the United Bank for Africa (UBA)...

Breaking: Emirates Airlines to resume operations in Nigeria Oct. 1

Emirates Airlines says it plans to resume operations in Nigeria on October...

Western Digital launches SanDisk Desk Drive

Western Digital has launched the SanDisk Desk Drive, the latest addition tonits...

List of five charges Nigerians pay for electronic transactions

Following the latest directives from the Central Bank of Nigeria (CBN) authorizing...

Zenith Bank shareholders approve bank’s restructuring to holding company

“The Founder and Chairman of Zenith Bank Plc, Jim Ovia, expressed his...

UBA increases stake in Kenya, Uganda subsidiaries, eyes East Africa market

Pan-African banking group, United Bank for Africa (UBA) says it has acquired...

CBN sells fresh dollars to BDCs at N1,021/$ as naira loses steam

The Central Bank of Nigeria (CBN) has issued another circular to Bureau...

Naira bullish gains restore confidence among investors, businesses – CBN Gov. Cardoso

The Governor of the Central Bank of Nigeria (CBN), Dr. Yemi Cardoso,...

Pres. Tinubu commends Dangote Group over new gantry price of diesel

President Bola Tinubu has applauded Dangote Oil and Gas Limited for reducing...

Industry and Trade Minister promises Nigerian Breweries, business community enabling environment

The Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, has reaffirmed...

Transcorp Power Plc grows topline by 57.03%, profit up by 75% in 2023 audited results

Transcorp Power Plc (Transcorp Power), one of the power subsidiaries of Nigeria’s...

UBA records impressive gross earnings rise of 143%, profit hits N757.7bn in financial year 2023

The United Bank for Africa (UBA) Plc has recorded a 143 per...