Our management team is made up of experienced industry-recognised professionals, with diverse (but complementary) skills in various backgrounds, as well as a depth of experience (garnered from national and international institutions). These executives put their knowledge, experience, and leadership to work, helping us develop and deliver solutions to meet the needs of our customers.
We are big on Corporate Governance
In order to promote effective governance of the Bank, relevant structures have been put in place for the execution of the Bank’s Corporate Governance strategy, as elucidated in its Governance Charters, such as the Board, the Board Committees, and Executive Management Committees.
The Board of Directors has the overall responsibility for ensuring that the highest standards of corporate governance are maintained and adhered to by the Bank. The Board adequately comprises an appropriate balance of skills and diversity (age, culture and gender) without compromising competence, independence, and integrity.
As at December 31, 2021, the Group Board consisted of sixteen (16) members which include a Non-Executive Chairman, a Non-Executive Vice Chairman, eight (8) other Non-Executive Directors (which include three (3) Independent Non-Executive Directors), and six (6) Executive Directors (including the GMD/CEO). There are currently five (5) female Directors on the Group Board, constituting 31.25% of the Board.
Tony O. Elumelu, C.O.N
Tony Elumelu is an economist, investor, and philanthropist. He chairs the privately held investment firm, Heirs Holdings and Nigeria’s largest quoted conglomerate Transcorp. Mr. Elumelu invests across Africa and his investments are primarily informed by his philosophy of Africapitalism: the belief that the private sector can lead Africa’s economic renaissance and that investment should create both economic prosperity and social wealth.
Tony sits on several global public and social sector boards including the United Nations Sustainable Energy for All Initiative (SE4ALL) and USAID’s Private Capital Group Partners Forum (PCG).
He is the Chairman of leading African financial services group, the United Bank for Africa (UBA), with a presence in 20 African countries, and offices in Paris, London, and New York.
He is also the Founder of the Tony Elumelu Foundation, which has seeded $100 million through the Tony Elumelu Entrepreneurship Programme, to champion entrepreneurship across Africa over the next 10 years.
Amongst his numerous roles, he serves as Co-Chair of the Aspen Institute Strategy Group on Global Food Security, sits on the Global Advisory Board of the Washington DC-based the Wilson Centre, and is a member of the Global Advisory Council of the Harvard Kennedy School’s Centre for Public Leadership. Tony is a member of the World Economic Forum Community
Oliver, a seasoned banking professional, comes on board with a broad range of strategic and well-grounded experience in Corporate and Institutional Banking, Consumer Banking, Public Sector, Retail and Commercial Banking, Project Management, Corporate Governance, and overall bank management.
Mr. Oliver Alawuba has acquired 25 years of work experience in the banking industry after his short foray into academia. He joined the former Standard Trust Bank (STB) as a pioneer staff in 1997. Over the years, he has demonstrated strong passion for excellence and result-oriented leadership capability.
Prior to his current appointment as the Group Managing Director/CEO of UBA Banking Group, Oliver was at various times country CEO and Regional CEO in the Rest of Africa, Executive Director, East Bank (Nigeria) and later Group Deputy Managing Director/CEO, covering Nigeria and other 19 subsidiaries in the Rest of Africa. He also worked in another bank and rose to the position of Executive Director. Oliver is an effective and self-motivated professional.
Oliver possesses B.Sc and M.Sc degrees in Food Science and Technology and MBA in Banking and Finance. He is an alumnus of the AMP and SEP programmes of the prestigious INSEAD Business School, France and London Business School respectively.
He is also a Fellow of the Nigerian Institute of Management (NIM) and an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN).
Isaac Olukayode Fasola
Mr. Isaac Olukayode Fasola is a consummate professional with over 30 years’ 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. Mr. Fasola previously served as an Executive Director of a commercial Bank in Nigeria. Mr. Fasola holds 2 MBAs and is pursuing a Ph.D. in Business Administration.
Mrs. Onari Duke has led a distinguished career which has straddled the roles of lawyer, public servant, entrepreneur and philanthropist. The former First Lady of Cross Rivers State, Nigeria, Mrs. Duke used her position to raise awareness and currently serves as the Country Director of EMPRETEC Nigeria Foundation; a United Nations Centre for Trade & Development (UNCTAD) Private Sector Support Initiative that aims to assist Nigerians to achieve high levels of productivity and competitiveness among SMEs.
Mrs. Duke is also the Managing Partner of the law firm Duke and Bobmanuel. She is a certified Mediation/Dispute Resolution Consultant. In addition to this she serves as the Executive Chairman of Allied Merchants & Brokers Limited, a leading merchandising and brokerage firm.
Samuel Oni, FCA
Appointed Non-Executive Director in 2015
High Chief Samuel Oni is a Chartered Accountant with a distinguished career that spanned well over 35years. Having qualified as a Graduate Member of the Association of Chartered Certified Accountants in 1980, he held the position of Senior Accountant/Company Secretary in various establishments, including New Foods & Drinks Company Ltd. Abiola & Sons Bottling Company, and Kwara Breweries Ltd. He joined Kwara State Government and was deployed to Kwara State Agricultural Development Project as the Financial Controller.
In October 1993, High Chief Oni transferred his Services to the Central Bank of Nigeria (CBN) and assumed the position of an Assistant Director. He became a Commissioned Examiner and rose through the ranks in CBN and was appointed the Director of Bank Examination Department in 2003. He also served as the Director of Other Financial Institutions and Internal Audit Departments between 2005 and 2008. In 2009, he became the Director of Banking Supervision Department where he played a prominent role during the intervention process of the CBN that restored stability in the banking system, following the Financial Crisis of 2008/2009.
He voluntarily retired from the CBN in June 2011, having completed the eight years as a Director in line with the Tenure Policy for all Directors in Government Ministries, Agencies and Parastatals. He attended both local and overseas training, workshops and seminars during his career. He holds a Master’s degree in Business Administration from the University of Ilorin and a Fellow of both the Association of Chartered Certified Accountants and the Institute of Chartered Accountants of Nigeria. He is also a member of the Chartered Institute of Taxation of Nigeria and an honorary member of Chartered Institute of Bankers of Nigeria.
Erelu Angela Adebayo
Erelu Angela Adebayo who graduated with an M.Phil in Land Economy from Cambridge University is the former First Lady of Ekiti State in Nigeria. Mrs. Adebayo previously served on the boards of several organizations, including the Dangote Foundation, DN Meyer Plc, Wemabod Estates. Mrs. Adebayo is a council member of the Nigerian Stock Exchange and has worked extensively on real estate development and She is the Chairman of the Erelu Adebayo Foundation for the underprivileged.
Alhaji Abdulqadir Jeli Bello
Mr. Abdulqadir J. Bello, a Chartered Accountant, has over 30 years’ corporate experience in the banking sector, during which period he held several senior Management positions in various Banks. He also previously served as the Group Chief Credit Officer of UBA and thereafter as the Executive Director in charge of Risk Management for UBA Group.
Ms. Angela Aneke is a board advisor, banker and a strategic thinker with over 30 years’ experience in financial services, in the areas of financial control, strategy, transaction banking, corporate banking, retail banking, and governance. Ms. Aneke has held executive management and board positions in several international and regional institutions, including Ecobank Transnational Incorporated, Citigroup and the United Bank for Africa.
Caroline Anyanwu holds a First-Class degree in Statistics from the University of Ilorin in Nigeria and has worked extensively in the fields of accounting, taxation, credit risk and banking throughout her career of close to four decades. She worked at UBA from 1996-2006, where she held the position of Head, Credit Risk Management. Mrs. Anyanwu also served as the Deputy Managing Director of Diamond Bank with supervisory responsibility for risk management, until her retirement in 2019.
Our people remain our most valuable assets. They are our competitive edge in a highly dynamic and competitive business environment. We have invested in the best performance management systems to ensure our people always have the cutting-edge skills to excel in what they do.
We also have financial and non-financial incentive schemes in place, including a staff recognition scheme to reward our high-performing staff.
Our staff is multicultural, multilingual, and highly diverse in outlook, reflecting the richness and diversity of the 22 countries we operate in. Our people strategy is hinged on always seeking to employ the best people, and creating a conducive environment for them to excel in their work. We also provide competitive remuneration and reward systems to retain our best talents.
UBA employees are fondly called “Lions and Lionesses,” reflecting the confidence with which they deliver financial solutions to our customers.