United Bank for Africa Plc (UBA) has announced that its Group Chairman, Tony Elumelu, will retire from the Board of Directors effective August 21, 2026, LeadNaija News report.
The bank disclosed that Emmanuel Nnorom, who currently serves as a Non-Executive Director on the board, has been appointed as the incoming Group Chairman.
According to the announcement, Nnorom’s appointment will take effect on August 21, 2026, the same day Elumelu officially retires from the board.
Elumelu has served as Group Chairman of UBA, overseeing the bank’s strategic growth and expansion across Africa and other international markets.
His retirement marks the end of a significant chapter in the institution’s leadership.
The transition is expected to ensure continuity in the bank’s governance as Emmanuel Nnorom assumes the role of Group Chairman.