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FirstBank’s Ibukun Awosika Becomes President of IWEC Foundation’s Board of Directors

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The International Women’s Entrepreneurial Challenge Foundation (IWEC) has announced the appointment of Chairman of First Bank of Nigeria Limited, Mrs. Ibukun Awosika as the new President of their Board of Directors. FirstBank is Nigeria’s Premier and Leading financial services provider.

Mrs. Awosika was elected to replace Miguel Valls, former President of the Barcelona Chamber of Commerce and president of the IWEC Foundation, who passed away last month. “The Foundation is very excited to announce the appointment of our new president,” stated Ruth A. Davis, IWEC Chairwoman and distinguished former U.S. Ambassador. “Ibukun Awosika has been a solid, steady presence at IWEC since its inception, and she is also a past IWEC awardee.  Ibukun has not missed one IWEC Conference since 2008 and has lent her voice and experience not only to our conferences, but to our meetings after joining our Board in 2017.  We are delighted that our Board of Directors voted on her appointment, and we’ll introduce her as our president at our upcoming 12th Annual IWEC Foundation Conference in New Delhi, on November 10th.”

The Foundation’s 2019 Conference will focus on “Connecting Women Businesses Globally: Leading the Way to Innovation and Integration”. The event would be hosted locally by the FICCI Ladies Organization (FLO) of the Federation of Indian Chambers of Commerce & Industry (FICCI), which represents over 5000 women entrepreneurs and professionals across India. This year, IWEC welcomes 39 awardees from 18 countries, with a combined revenue of over US$5.7 billion among all awardees to date.

IWEC Foundation Vice Chair, Carmen Castillo, CEO of SDI International, adds: “Ibukun has demonstrated a significant commitment to IWEC over the years.  Her breadth of knowledge extends from being an entrepreneur running ‎SOKOA Chair Centre Limited, to overseeing the board of directors for the renowned First Bank of Nigeria Limited.  We are looking forward to her wise counsel and to continuously drive IWEC globally as a source of support, connection and impact for women business owners all over the world.”

Ibukun Awosika heads Nigeria’s premier bank, and she is also the founder and CEO of the Chair Centre Group, an association of large companies in the manufacturing, retail, and financial security services.  Mrs. Awosika further holds seats in the corporate boards of Cadbury Nigeria, Digital Jewel Limited and the Convention on Business Integrity, and she is a former chair of several other enterprise boards.   

Ibukun is a graduate of Chemistry from University of Ife (now Obafemi Awolowo University), Nigeria, an alumna of the Chief Executive Program of Lagos Business School, the Global Executive MBA of IESE Business School, Wharton’s Global CEO Program, and the IESE and China European International Business School (CEIBS). Ibukun is a multiple award-winning entrepreneur and the first Nigerian recipient of the prestigious International Women Entrepreneurial Challenge (IWEC) Award as a nominee of the US Department of State in 2008.  Ibukun is also a best-selling author and motivational speaker.

Ibukun was just honoured last month with the International Friendship Award presented at the IESE Business School by the Queen of Spain.

About the IWEC Foundation

IWEC is a New York-based international economic empowerment organization exclusively for women business owners, formed in 2007 with the assistance of the U.S. Department of State.  In addition to the State Department, its founders include the Barcelona Chamber of Commerce, Manhattan Chamber of Commerce (MCC), FICCI/FLO Chamber in New Delhi.  IWEC’s mission is to develop a global business network for successful women entrepreneurs, helping them gain and expand access to international markets by presenting a platform to exchange knowledge, experience and connections, and to promote dialogue among women entrepreneurs and business leaders throughout the world.

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UBA Accelerates Gender Inclusion with 58% Female Representation in Fresh GMAP Intake

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As the world celebrates International Women’s Day 2025, Africa’s Global Bank, United Bank for Africa (UBA) continues to reinforce its unwavering commitment to gender diversity, equality, and empowerment.

This year’s IWD global theme, “Accelerate Action”, aligns perfectly with UBA’s drive to champion inclusion and create meaningful opportunities for women in the workplace.

On Wednesday, the bank graduated its latest cohort of 1,138 Graduate Management Accelerated Programme (GMAP) trainees, out of which 666, representing an impressive 58% were women.

UBA’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, who pointed this out during the graduation ceremony which was held in Landmark Event Centre, said the milestone is a testament to UBA’s continued efforts in fostering a workplace where talent thrives – regardless of gender, background, or status.

He maintained that UBA stands out as a financial institution that does not just talk about inclusion but lives it, adding that “With a female-dominated Board and Executive Management team, UBA has consistently demonstrated that gender parity is a key pillar of its success. Our commitment goes beyond policies – it is evident in the tangible opportunities we create for women at every level of the organisation.”

While celebrating the womenfolk for their contribution to the bank’s growth and success over the year, Alawuba stated “At UBA, we do not just celebrate women- we amplify them. We believe that an inclusive workforce drives innovation, excellence, and long-term success. The fact that the majority of our new graduate trainees are women underscores our commitment to nurturing female talent and accelerating their progress in the corporate world.”

UBA has long been a champion of gender empowerment, investing in initiatives that support female professionals, entrepreneurs, and communities. From its mentorship and leadership programs to its women-focused financial services, the bank continues to set the pace for gender inclusion in Africa’s financial sector.

UBA’s Group Head, Human Resources, Modupe Akindele explained that the bank is passionate about helping its staff grow, regardless of their gender. According to her, UBA celebrates the resilience, strength, and contributions of women everywhere and remains committed to ensuring that every woman has the support, resources, and opportunities needed to thrive.

She said, “Our goal with GMAP is to show young professionals that their dreams are valid right here in Africa. We are not just providing jobs; we are creating pathways to leadership, innovation, and impact. This programme ensures that young people whether male or female, see the immense possibilities that exist within UBA and the African financial sector at large.”

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally. Operating in twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology.

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Glo ‘Bulk Data’ Service Gets More Patronage

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Bulk Data service from Globacom has continued to garner patronage from more enterprise clients across the country owing to its immense benefits.

With the offering, Glo Enterprise users can gift data to other customers with the Bulk Data offering, a self-service site designed for data allocation. Through it, a specific quantity of data can be freely utilized for specific users’ navigation of a mobile application or website at no cost to the users of the application or website. The service is paid for by the enterprise client.

A school’s bucket data plan allows institutions to buy bulk data for students’ instructional purposes. The Plan is good for ninety days. In contrast, the Gifted Data Plan is good for 30 days. As many Glo subscribers as the sponsor desires may receive data gifts from the Bulk Data sponsor.

Depending on which Pack the gifting customer has subscribed to, a sponsor can equally gift data in 200MB, 500MB, 1GB, 2GB, 3GB, 4GB, 5GB, or 10GB amounts.

Globacom has built the solution so that each sponsor can tailor the SMS notification that is sent to the beneficiary regarding the provided data. This sets this product apart from others available on the market.

While the recipients of the Bulk Data giving can check their own balance by dialing the USSD code, *127*0#, on their own devices, the gifted plans can be tailored to the sponsor’s requirements and preferences.

Only businesses that purchase large quantities of data, including corporations and educational institutions, are eligible for the Bulk Data service.

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UBA Invests in Future Leaders, Inducts 3200 Young Professionals under GMAP Initiative

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Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to make significant impact in birthing the next generation of banking and finance professionals on the continent through its Graduate Management Acceleration Programme (GMAP) which to date has produced over 3,222 young professionals across Africa.

Since inception three years ago, the GMAP, designed to equip entrants with the necessary skills and knowledge, has provided mentorship, training, and hands-on experience to young graduates for leadership roles in UBA.

On Wednesday, a ceremony was held at the Landmark Event Centre to induct another cohort of 1,138 successful graduates who were absorbed by the bank following intensive training spanning several months of rigorous learning, testing the entrants’ dedication and resilience.

The momentous ceremony was graced by the UBA Group Chairman, Tony Elumelu, the Group Managing Director/ CEO, Oliver Alawuba, and other Board Members, Executive Management, faculty members, mentors, families, and friends of the graduates.

Elumelu, who expressed his excitement over the new graduates, highlighted the bank’s passion for youth empowerment in Africa while bridging the unemployment gap, which according to him, remains one of the greatest challenges in the continent,

He said, “At UBA, we believe that Africa’s transformation is in the hands of young, dynamic, and ambitious professionals such as you. Through GMAP, we are not only shaping future leaders but also reinforcing our commitment to excellence and impact. To our graduands, remember that success is built on hard work, resilience, and a commitment to continuous learning. The world is waiting for you to make your mark.”

Speaking earlier at the event, UBA’s Group Managing Director/CEO, Oliver Alawuba, expressed immense pride in the graduands and reiterated the bank’s unwavering commitment to human capital development.

“This moment marks the beginning of a transformational journey that will shape your careers, your contributions to society, and Africa at large. The GMAP is a testament to our vision of empowering the brightest minds with the skills, knowledge, and mind-set required to navigate the ever-evolving financial landscape,” Alawuba stated.

He pointed out UBA’s commitment to gender diversity and inclusion, highlighting that of the fresh 1,138 graduands, 666 (representing 58%) are women, a reflection of the bank’s dedication to fostering an equitable and inclusive workplace.

Encouraging the graduands, Alawuba charged them to uphold UBA’s core values of Excellence, Enterprise, and Execution, while embracing the bank’s Persona of Simplicity, Responsiveness, and Goal-oriented (SRG).

The ceremony featured inspiring testimonies from GMAP alumni who have made significant strides within the bank.

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 45 million customers globally. Operating in twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting-edgetechnology.

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