The
Board of United Bank for Africa Plc, UBA, yesterday named Mr. Tony O. Elumelu,
CON, as Chairman to succeed Ambassador Joe Keshi. Mr. Elumelu until this new appointment
is Chairman/CEO of Heirs Holdings, the pan-African proprietary investment
company, founded by him in 2010.
Elumelu
retired as Group Managing Director/CEO of UBA in 2010, following the
introduction by the Central Bank of Nigeria of 10-year tenure limits for bank
CEOs.
He
had served as CEO of the UBA Group for 13 years, where he was responsible for
the creation of today’s UBA, a financial services institution providing
services to more than 10 million customers, across the continent and in London,
Paris and New York.
