By Oluwaseyi Lawal

The appointment received necessary approvals from regulatory authorities, including the Central Bank of Nigeria (CBN), which granted its consent last Friday, according to a statement from the bank.

UBA’s Group Chairman, Tony Elumelu, shared his remarks on this new appointment.

 “Henrietta Ngozi Ugboh exemplifies the qualities of a seasoned banker and professional, with decades in her banking career.”

Ugboh earned a degree in Economics and Statistics from the University of Benin, an MBA from ESUT Business School, and is also an alumna of Harvard Business School. With more than 30 years of experience in the banking sector, she is recognized as an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and holds a Fellowship with the Institute of Credit Administration (FICA).

Elumelu noted that her extensive experience and expertise across areas such as Commercial Banking, Credit, and Risk Management make the Board enthusiastic about the valuable contributions she will bring to the bank.

“We look forward to her invaluable contributions to the Group.”

United Bank for Africa Plc is a prominent Pan-African financial institution, serving over 45 million customers through 1,000 business locations and customer touchpoints across 20 African nations. With branches in New York, London, Paris, and Dubai, UBA links people and businesses across Africa, providing retail, commercial, and corporate banking, along with innovative cross-border payments, remittances, trade finance, and other essential banking services.