Business Tony Elumelu Returns to UBA as Chairman

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LequteMan

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Four years after retiring as group managing director of #UBA Plc, Tony Elumelu returned to the bank when he was appointed as chairman, #Businessday reports.

Elumelu retired as Group Managing Director and CEO of UBA in 2010 following the introduction by the Central Bank of Nigeria (CBN) of ten-year tenure limits for bank CEOs. He had served as the chief executive of the group for 13 years and was responsible for the creation of the present UBA, a financial services institution that has built a reputation for itself rendering services to more than ten million customers across the continent and beyond.

Elumelu has joined the likes of Jim Ovia, former CEO of #Zenith Bank, who was affected by the same policy but came back to the bank as its chairman on July 16, 2014.

Elumelu is expected to bring his wealth of experience, including being one of the most influential leaders and entrpreneurs to bear on the bank and take it to greater heights.

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