UBA House
.Retirements, succession take effect January 1, 2026
United Bank for Africa (UBA) Plc has announced significant changes to its Executive Board, following the completion of tenure by four long-serving Executive Directors.
Those retiring by January 1, 2026 included Deputy Managing Director, Mr. Muyiwa Akinyemi, and three other Executive Directors- Mrs. Abiola Bawuah, Mr. Alex Alozie, and Mrs. Sola Yomi-Ajayi.
The bank stated that in line with its robust succession and leadership development strategy, the board has approved the appointment of three new Executive Directors—Mr. Emmanuel Lamptey, Mr. Tosin Adewuyi and Mr. Chidi Okpala. The appointments takes effect on January 1, 2026, subject to regulatory approval by the Central Bank of Nigeria (CBN).
Lamptey will oversee digital banking while Adewuyi and Okpala will be leading corporate banking and UBA Nigeria respectively.
Group Chairman Mr. Tony Elumelu said the board was confident the new executive directors would propel the group through its next phase of growth.
He said: “I congratulate the incoming Executive Directors on their appointments. The board is confident that they will bring the experience, depth and execution capability needed to build on the solid foundation laid by their predecessors and to propel UBA into its next phase of growth”. He also extended sincere gratitude to retiring Executive Directors for their years of dedicated service and unwavering commitment.
“Each has played a significant role in UBA’s growth and success. On behalf of the board, I thank them for their contributions and commend the impact they have made. They remain cherished members of the UBA family and enduring ambassadors of our values,” Elumelu said.
Lamptey, Executive Director, Digital Banking brings 25 years of multinational and cross-functional experience spanning retail and corporate banking, asset management, securities brokerage, pensions, insurance and microfinance, with operations across more than 30 African countries.
He was described as a proven leader in digital transformation, customer experience enhancement, and operational excellence who has held several executive and non-executive board roles within and outside financial services.
Lamptey is an alumnus of Harvard Business School, a Fellow of the Association of Chartered Certified Accountants (UK), and holds a Bachelor of Commerce degree from the University of Cape Coast, Ghana.
Adewuyi, Executive Director, Corporate Banking, also comes to his new position with over 25 years of experience across Sub-Saharan Africa—including more than 15 years in senior management, FCA- and CBN-approved roles in London and Lagos. Nation
