UBA Names Five New Executive Directors

UBA Building

By Yakubu LAAH InvestAdvocate

Lagos (INVESTADVOCATE) –Africa’s global lender, United Bank for Africa Plc (UBA) said on Monday it has appointed five (5) new executive directors (EDs).

The company said the appointments came on the heels of a board meeting held Monday May 16, 2016 and would take effect from August 1, 2016 subject to regulatory approval.

Those appointed are Ibrahim Puri, ED, North Bank, Ayoku Liadi, ED, Lagos & West Bank, Oliver Alawuba, ED/CEO, UBA Africa Anglophone, Uche ike, ED, Risk Management & Compliance and Chukwuma Nweke, ED, Operations & Technology.

Shares of UBA at the close of the session on the Nigerian bourse climbed up 9.39 percent to N3.97 from N3.63 recorded the past session, gaining 0.34 kobo per share.

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