Taiwo Afolayan
Mrs. Abiola Bawuah, a Ghanaian national, has been appointed as the United Bank for Africa Plc’s new Chief Executive Officer for Africa.
Bawuah will oversee the bank’s operations in Africa, excluding Nigeria, according to a statement.
She is the bank’s first female CEO, and her appointment demonstrates the bank’s commitment to diversity.
According to Nairametrics, Bawuah’s appointment brings the total number of female directors in the UBA Group to eight.
Bawuah previously served as UBA’s Regional CEO for West Africa, overseeing operations in nine subsidiaries including Benin, Burkina Faso, Cote d’Ivoire, Ghana, Guinea, Liberia, Mali, Senegal, and Sierra Leone. She had previously served as CEO of UBA Ghana.
Commenting on Bawuah’s appointment, the UBA Group’s Board Chairman, Mr Tony Elumelu, said, “Abiola has contributed significantly to the growth of UBA Africa for close to a decade. She has extensive experience in commercial banking as well as stakeholder engagement. It also gives me great pleasure that the UBA Group Board has now become a majority female board with her appointment.”
Other key executive appointments across the group were also announced by the bank.
The appointments include: Chris Ofikulu, Regional CEO of UBA West Africa; Uzoechina Molokwu, Deputy Managing Director of UBA Ghana; Ayokunle Olajubu, Managing Director/CEO of UBA Liberia; Theresa Henshaw, CEO of UBA UK; Usman Isiaka, Deputy CEO of UBA America; and Adeyemi Adeleke, Group Treasurer.
