UBA Group Appoints Caroline Anyanwu Non-Executive Director

The United Bank for Africa Plc, on Monday, informed the Nigerian Exchange Limited that it has appointed Mrs. Caroline Anyanwu to its board, effective May 19, 2021.

She holds a Bachelor’s degree in Statistics from the University of Ilorin in Nigeria and has worked extensively in the fields of accounting, taxation, credit risk and banking throughout her career of close to four decades. 

The new board member was a staff of UBA between 1996 and 2006, holding such positions as Head, Credit Risk Management, and served as the Deputy Managing Director of Diamond Bank with supervisory responsibility for risk management, until her retirement in 2019.

Speaking on the new appointment, UBA Group chairman, Tony Elumelu while welcoming her back to the UBA Group after 15 years, recalled how she helped develop our credit and risk management.

Based on her track record, Elumelu said he has “no doubt that she will be able to harness her considerable experience across the African continent to bring valuable contributions to the Group Board of UBA.  Corporate governance and risk management are central to what we do at UBA and Caroline Anyanwu aligns perfectly with our vision.”