Personality in Focus
UBA Appoints Henrietta Ugboh Independent Non-Executive Director As Owanari Duke Retires from Group Board
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointment of Henrietta Ugboh as an Independent Non-Executive Director.
The appointment has been approved by the relevant regulatory bodies, including the Central Bank of Nigeria.
UBA’s Group Chairman, Tony Elumelu, CFR commenting on the appointment, said, “Henrietta Ugboh brings a track record of professional success, integrity and leadership, which will further strengthen the UBA Group Board, underlining once again the Group’s commitment to robust corporate governance.”
Ugboh holds a degree in Economics and Statistics from the University of Benin, an MBA from ESUT Business School, and is an alumnus of the Harvard Business School’s Executive Management Program. She has over 30 years experience in banking with Citibank and is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria and a Fellow of the Institute of Credit Administration (FICA).
Elumelu added that with her considerable experience and expertise, which includes commercial banking, credit, and risk management, the UBA Board is delighted to welcome Mrs Ugboh to the Group Board, “We look forward to her invaluable contribution to the Group, as we continue to execute our unique growth strategy across Africa and globally.”
The Board also announced the retirement of Mrs. Owanari Duke, an Independent Non-Executive Director, who joined the UBA Group Board in October 2012.
During her tenure, Mrs. Duke provided distinguished leadership, serving on Committees of the Bank including the Board Governance Committee, Board Audit, Governance, Nomination & Remuneration Committee, Board Credit Committee, Finance & General Purpose Committee and Statutory Audit Committee.
On behalf of the board, Mr. Elumelu expressed UBA’s deep appreciation to Mrs. Duke for her dedication and significant contributions to the Group, wishing her the best in her future endeavour.
United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than forty-five million customers, across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London, Paris and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and related banking services.
A former Minister of the Federal Capital Territory (FCT), Lt Gen. Jeremiah Useni (retd), is dead.
He passed away on Thursday at the age of 82 after a protracted illness.
His death was announced in a statement issued in Jos by Gyang Bere, the Director of Press and Public Affairs to Plateau State governor, Caleb Mutfwang.
He described the of the former Minister and Quarter Master General of the Nigerian Army as a tremendous loss not only to his immediate family but also to the Nigerian Armed Forces, Plateau State, and the entire nation.
Highlighting the roles played by the late army general, Governor Mutfwang noted that he left an indelible mark on Nigeria’s security and political landscape with his tireless efforts to promote peace and security, especially in Northern Nigeria and Plateau State.
The governor prayed that god grants the family, plateau state, and the nation the strength and fortitude to bear the irreplaceable loss, and also asked for God’s divine presence to comfort and provide solace in the days ahead.
President Bola Tinubu has appointed Dr. Kayode Opeifa as the Managing Director of the Nigeria Railway Corporation (NRC).
Dr. Opeifa, a renowned transportation expert and former Lagos State Commissioner for Transportation, is celebrated for his transformative policies that redefined public transport and traffic management in one of Africa’s busiest cities.
During his tenure as Commissioner, Dr. Opeifa introduced reforms that significantly eased traffic congestion, improved public transportation systems, and laid a solid foundation for Lagos State’s rapid urban growth.
His expertise extended to the Federal Capital Territory (FCT), where he served as Transport Secretary, implementing forward-thinking policies that enhanced mobility in the nation’s capital.
In his new role, Dr. Opeifa is expected to spearhead the modernization of Nigeria’s railway network, a critical infrastructure component for the nation’s economic advancement.
Industry stakeholders have expressed optimism about his appointment, highlighting his extensive experience in transportation planning and infrastructure development as assets for implementing sustainable solutions.
“This is a timely and commendable appointment,” noted one transportation expert. “Dr. Opeifa’s deep understanding of Nigeria’s transportation challenges makes him the ideal candidate to drive meaningful reforms in the railway sector.”
The Tinubu administration’s decision underscores its commitment to appointing competent professionals to execute its Renewed Hope agenda. With Dr. Opeifa at the helm, there is growing anticipation that the NRC will achieve improved connectivity, efficiency, and broader contributions to national development.
News of the early departure of Mr Ahmad Farroukh from the telecom giant Globacom suggests that he has been eased out in a shakeup by the management, according to an investigation.
“Ahmad Farroukh failed to meet up to expectations within his probationary period and he was politely asked to resign…” said an impeccable source.
“Despite the shake-up, Globacom’s commitment to innovation and expansion continues, reinforcing its competitive edge in a rapidly evolving telecom landscape..” the source further told us.
A former CEO of MTN Nigeria from 2006 to 2010, Farroukh joined Glo in October last year.
