{"id":2684,"date":"2026-07-07T00:31:13","date_gmt":"2026-07-07T00:31:13","guid":{"rendered":"https:\/\/nigerianreporters.com\/?p=2684"},"modified":"2026-07-07T00:31:13","modified_gmt":"2026-07-07T00:31:13","slug":"2684","status":"publish","type":"post","link":"https:\/\/nigerianreporters.com\/NG\/2026\/07\/07\/2684\/","title":{"rendered":"Tony Elumelu to Step Down as UBA Chairman After 12 Years, Announces Successor"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-2685\" src=\"https:\/\/nigerianreporters.com\/NG\/wp-content\/uploads\/2026\/07\/FB_IMG_1783383825562-300x193.jpg\" alt=\"\" width=\"300\" height=\"193\" srcset=\"https:\/\/nigerianreporters.com\/NG\/wp-content\/uploads\/2026\/07\/FB_IMG_1783383825562-300x193.jpg 300w, https:\/\/nigerianreporters.com\/NG\/wp-content\/uploads\/2026\/07\/FB_IMG_1783383825562-540x350.jpg 540w, https:\/\/nigerianreporters.com\/NG\/wp-content\/uploads\/2026\/07\/FB_IMG_1783383825562.jpg 720w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Tony Elumelu has announced he will step down as Chairman of the United Bank for Africa (UBA) Group Board on August 21, 2026, bringing to an end a 12-year tenure in the role and decades of service to the pan-African financial institution.<\/p>\n<p>In a farewell message published on his official blog, Elumelu reflected on his vision of building a strong African institution capable of outlasting individual leaders while driving economic growth across the continent.<\/p>\n<p>He said his goal was to transform UBA into a world class financial institution that would connect Africa to itself and the rest of the world, create opportunities for businesses, empower entrepreneurs, support governments, reward shareholders, and improve lives.<\/p>\n<p>According to him, that vision has become a reality, with UBA now serving more than 50 million customers, operating in 20 African countries and across four continents.<\/p>\n<p>Elumelu noted that the bank&#8217;s achievements were made possible through the collective efforts of employees, management, directors, customers, regulators, shareholders, and business partners who shared the institution&#8217;s mission.<\/p>\n<p>He also announced Mr. Emmanuel N. Nnorom as his successor, expressing confidence in his ability to provide continuity and strategic leadership for the bank&#8217;s next phase of growth.<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-2686\" src=\"https:\/\/nigerianreporters.com\/NG\/wp-content\/uploads\/2026\/07\/FB_IMG_1783383818158-300x300.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/nigerianreporters.com\/NG\/wp-content\/uploads\/2026\/07\/FB_IMG_1783383818158-300x300.jpg 300w, https:\/\/nigerianreporters.com\/NG\/wp-content\/uploads\/2026\/07\/FB_IMG_1783383818158-150x150.jpg 150w, https:\/\/nigerianreporters.com\/NG\/wp-content\/uploads\/2026\/07\/FB_IMG_1783383818158.jpg 569w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><br \/>\nElumelu urged shareholders, customers, partners, and the UBA family to extend the same trust and support to Nnorom that they had given him throughout his tenure.<\/p>\n<p>The outgoing chairman described institution-building as critical to Africa&#8217;s long-term development, stressing that the continent&#8217;s challenge is not a lack of talented people but a shortage of enduring institutions capable of sustaining progress across generations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tony Elumelu has announced he will step down as Chairman of the United Bank for Africa (UBA) Group Board on August 21, 2026, bringing to an end a 12-year tenure in the role and decades of service to the pan-African financial institution. In a farewell message published on his official blog, Elumelu reflected on his [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[11,6],"tags":[],"class_list":["post-2684","post","type-post","status-publish","format-standard","hentry","category-business","category-news"],"_links":{"self":[{"href":"https:\/\/nigerianreporters.com\/NG\/wp-json\/wp\/v2\/posts\/2684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nigerianreporters.com\/NG\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerianreporters.com\/NG\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerianreporters.com\/NG\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerianreporters.com\/NG\/wp-json\/wp\/v2\/comments?post=2684"}],"version-history":[{"count":0,"href":"https:\/\/nigerianreporters.com\/NG\/wp-json\/wp\/v2\/posts\/2684\/revisions"}],"wp:attachment":[{"href":"https:\/\/nigerianreporters.com\/NG\/wp-json\/wp\/v2\/media?parent=2684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerianreporters.com\/NG\/wp-json\/wp\/v2\/categories?post=2684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerianreporters.com\/NG\/wp-json\/wp\/v2\/tags?post=2684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}