Tony Elumelu’s final UBA board meeting on August 21 will mark the end of an era that transformed both the bank and African banking, writes Festus Akanbi

Tony Elumelu will retire as UBA chairman on 21 August after the CBN’s 12-year tenure limit, with Emmanuel Nnorom named as his successor.

Tony Elumelu’s final UBA board meeting on August 21 will mark the end of an era that transformed both the bank and African banking, writes Festus Akanbi

On August 21, 2026, Tony Elumelu will step down as Group Chairman of United Bank for Africa (UBA), a role he has held for 12 years. It all comes down to the Central Bank of…

During the week, a huge announcement was made by UBA Plc. The mercurial Chairman, Mr. Tony Elumelu, was stepping down after 12 meritorious years and was being replaced by Mr.…