UBA BANK APPOINTS NEW CHAIRMAN

United Bank for Africa (UBA) Plc, the pan- African financial services
group is delighted to announce the appointment of Ambassador Joe Keshi
as Chairman of the Board. Ambassador Keshi was appointed to the Board
of UBA in 2010 and was made Vice Chairman on January 1, 2011. He has
over 35 years working experience at the highest levels of government
as a career diplomat, serving as Permanent Secretary, Ministry of
Foreign Affairs, Permanent Secretary, Cabinet Secretariat, The
Presidency, Charge d'Affaires, Embassy of Nigeria, The Hague,
Netherlands and Consul-General of Nigeria, Atlanta, Georgia.
Ambassador Keshi's appointment follows the retirement of Chief Israel
Ogbue, a member of the UBA Board since 2005 and Chairman since January
1, 2011. "It has been a pleasure serving the Bank. I have worked with
a group of men and women who have been responsible for forging an
extraordinary transformation in Nigerian and African banking.
Ambassador Keshi is an admirable choice to lead the Bank in its next
growth phase" said Chief Ogbue.
The Board also appointed Mrs. Rose Ada Okwechime as Vice Chairman. Mrs
Okwechime is the Managing Director of the Abbey Building Society Plc
and has played a leading role in financial services for over 20 years,
including time spent with the Bank of England.
Both appointments are effective November 21, 2013.
Ambassador Keshi speaking on his appointment said "I am touched that
my fellow board members have asked me to chair the Board. Chief Ogbue
has raised the bar on governance, transparency and business growth. We
will sustain the strong governance and risk management structures in
place and maintain the momentum of our pan-African growth strategy".
Phillips Oduoza, UBA's Chief Executive, speaking on behalf of the
executive management said, "We are looking forward to working with the
new Chairman and Vice Chairman, even as we will miss the wise counsel
and insights of Chief Ogbue. We are privileged to have the combined
experience of Ambassador Keshi and Mrs Okwechime, one of the four
distinguished women on our board".
UBA is a leading Pan African financial services Group with presence in
19 African countries, New York, London and Paris. Headquartered in
Lagos, Nigeria, the Group provides banking services to diverse
customer groups across Africa.