Erelu Adebayo retires from UBA board after 8yr tenure

United Bank for Africa (UBA) Plc has announced the retirement of Erelu Angela Adebayo as a Non-Executive Director, ending an eight-year tenure on the board of Africa’s leading commercial bank.

In a notice signed by the UBA Group company Secretary, Bili Odum, the Bank said Adebayo, who joined the board in August 2018, provided distinguished leadership during her tenure.

Adebayo served as a member of three key board committees including Audit & Governance Committee, Credit Committee, Risk Management Committee and Board Operations & Technology Committee.

“The Board of UBA expresses its deep appreciation to Erelu Angela Adebayo for her dedication and significant contributions to the Group,” the notice stated.

It further wished the retiring non-executive director the best in her future endeavors.
Her exit comes as UBA, led by Group Chairman, Tony Elumelu, continues board refreshment across its pan-African operations. The bank has not yet announced a replacement.