What you must know about Abiola Bawuah, UBA’s first female CEO
- The United Bank for Africa (UBA) has appointed Abiola Bawuah as its first female CEO
- She will supervise the bank’s operations across 18 African countries, excluding Nigeria
- UBA said it is elated to have Bawuah on its board to show diversity and inclusivity
The United Bank for Africa (UBA), has appointed a Ghanaian national, Abiola Bawuah as its first female chief Executive Officer (CEO).
The bank said in a statement that Bawuah will manage the bank’s activities across Africa, excluding Nigeria where UBA plays a dominant role.
First woman CEO ever in UBA
The first woman to be appointed CEO of the pan-African bank, UBA said her appointment shows its commitment to diversity. The bank now has eight female CEOs across its operations in Africa.
Per reports, Buwuah was the bank’s Regional CEO for West Africa, managing activities in nine subsidiaries including Benin, Burkina Faso, Cote d’Ivoire and Sierra Leone.
Bawauh had served as the bank’s CEO in Ghana.
According to UBA Group’s Board Chairman, Tony Elumelu, Bawuah added greatly to the bank’s growth in Africa for close to a decade, bringing a wealth of experience in commercial banking and stakeholder engagement.
Other appointments by UBA
The bank also announced other critical appointments.
The bank appointed Chrus Ofikulu as its Regional CEO of UBA West Africa, Uzoechina Molokwu was appointed Deputy Managing Director of UBA in Ghana, pending regulatory approvals from Ghana. Currently, Molokwu serves as the bank’s Executive Director in Cote d’Ivoire.
Others include Ayokunle Oljulu as the Managing Director/CEO of UBA, Liberia; Theresa Henshaw as CEO of UBA UK; Usman Isiaka was appointed the bank’s CEO in America; and Adeyemi Adeleke was appointed as the bank’s Treasurer.
One of the biggest banks in Africa
UBA has operations in 19 African countries and global operations spanning the United States of America, France, the United Arab Emirates and the United Kingdom.
It is one of the largest employers of labour in the financial services sector in Africa with over 25,000 employees and over 37 million customers across the globe.
Meet Nigeria’s top female bank CEOs, blazing the trail in the industry
Legit.ng reported that 2021 was called the year of corporate women in Nigeria. In that year alone, more women mounted the saddles of top banks in Nigeria than in any other year in history.
About four women emerged and assumed the enviable positions of Managing Directors/Chief Executive Officers of different banks in Nigeria.
That same year, Nigeria’s ex-World Bank Managing Director, Ngozi Okonjo Iweala, emerged as the Director General of the World Trade Organisation (WTO).