United Bank for Africa, a pan-African financial services group offering retail, corporate banking, cross-border payments, trade finance, investment banking.
Tony Elumelu steps down as Group Chairman of United Bank for Africa (UBA) after 12 years. Emmanuel Nnorom is appointed as his successor, taking over leadership of the pan-African financial institution. The transition marks a key shift in UBA’s governance following Elumelu’s long tenure.
United Bank for Africa (UBA) announces Tony Elumelu will step down as Group Chairman on August 21, 2026, after serving the maximum 12-year non-executive term under Nigerian corporate governance rules. Emmanuel Nnorom succeeds him as the new Chairman, marking a leadership transition at the pan-African financial institution.
Tony O. Elumelu steps down as Group Chairman of United Bank for Africa (UBA) after serving the maximum 12-year non-executive term. Emmanuel Nnorom is appointed as his successor, effective August 21, 2026. The transition marks the end of Elumelu’s leadership role at the pan-African financial institution.
United Bank for Africa (UBA) announces Tony Elumelu’s retirement as Group Chairman on August 21. The board appoints Azubuike Nnorom as his successor. Elumelu, a prominent figure in African finance, has led UBA for over a decade. Nnorom’s appointment marks a transition in leadership for the pan-African banking group.