Tony Elumelu Retires As UBA Chairman, Names Emmanuel Nnoron As Successor
Billionaire investor and Philanthropist, Tony Elumelu will retire as Group Chairman of UBA on August 21, 2026, after completing the 12-year tenure limit for non-executive directors set by the CBN.
Under his leadership, UBA expanded into a pan-African banking powerhouse with operations in 20 African countries and four global financial centres, serving more than 50 million customers.
The Board has named Emmanuel N. Nnorom, a long-serving Non-Executive Director and seasoned banking executive, as his successor.
