According to a statement, Bawuah will oversee the bank’s operations across Africa, excluding Nigeria.
She is the first female CEO of the UBA Africa and her appointment demonstrates the bank’s commitment to diversity.
Bawuah’s appointment brings the number of female directors across the UBA Group to eight, a report by Nairametrics says.
Before her appointment as the bank’s Africa CEO, Bawuah was UBA’s Regional CEO for West Africa, managing operations in nine subsidiaries including Benin, Burkina Faso, Cote d’Ivoire, Ghana, Guinea, Liberia, Mali, Senegal, and Sierra Leone. She had also served as the CEO of UBA Ghana.
Commenting on Bawuah’s appointment, the UBA Group’s Board Chairman, Mr Tony Elumelu, said, “Abiola has contributed significantly to the growth of UBA Africa for close to a decade. She brings a wealth of experience in commercial banking, and stakeholder engagement. It also gives me great pleasure that with her appointment, the UBA Group Board has now become a majority female board.”
The bank also announced other key executive appointments across the group.
The appointments include: Regional CEO of UBA West Africa, Chris Ofikulu; Deputy Managing Director of UBA Ghana, Uzoechina Molokwu; Managing Director/CEO UBA Liberia, Ayokunle Olajubu; CEO of UBA UK, Theresa Henshaw; Deputy CEO in UBA America, Usman Isiaka; and Group Treasurer, Adeyemi Adeleke, all appointments subject to their various local regulatory approvals.
