United Bank for Africa Plc has announced that four of its Executive Directors will retire, effective January 1, 2026.

This was disclosed in a notice signed by Group Company Secretary Bili Odum and submitted to the Nigerian Exchange on Friday.

UBA stated that the retirement follows the completion of their tenure.

“United Bank for Africa Plc (‘UBA’ or ‘the Bank’) hereby notifies the Nigerian Exchange Limited of the retirement of the following Executive Directors, effective January 1, 2026, following the completion of their tenure,” the company stated.

The retiring directors include:

The Deputy Managing Director, Mr. Muyiwa Akinyemi; Executive Director, Mrs. Abiola Bawuah; Executive Director, Mr. Alex Alozie; and Executive Director, Mrs. Sola Yomi-Ajayi.

Group Chairman Tony Elumelu thanked the retiring executives for their years of dedicated service and significant contributions to the bank’s growth.

“I express my sincere thanks and appreciation to the retiring Executive Directors for their years of dedicated service, steadfast commitment, and support to UBA. Each of them has made significant contributions to the growth and success of UBA Group. On behalf of the Board, I thank them for their service and commend their impact. They will remain cherished members of the UBA family and enduring ambassadors of the values and standards we represent,” he said.

The notice also revealed that UBA has appointed three new Executive Directors, pending approval from the Central Bank of Nigeria.

Emmanuel Lamptey – Executive Director, Digital Banking; Tosin Adewuyi – Executive Director, Corporate Banking; and Chidi Okpala – Executive Director, UBA Nigeria.

Lamptey brings more than 25 years of diverse, multinational experience across retail and corporate banking, asset management, securities brokerage, pensions, insurance, and microfinance, with a footprint in over 30 African countries.

He is a Harvard Business School alumnus, a fellow of the Association of Chartered Certified Accountants (UK), and holds a Bachelor of Commerce degree from the University of Cape Coast, Ghana.

Adewuyi brings over 25 years of experience across Sub-Saharan Africa, including 15 years in senior management roles in London and Lagos. He specializes in structured trade finance, corporate and investment banking, debt capital markets, and correspondent banking.

He is a Fellow of the Association of Chartered Certified Accountants, a Wharton Business School alumnus, and holds a BA (Hons) in Economics and Accounting from the University of Manchester.

Okpala formerly served as Executive Director for Payments, Group Integration, and Strategy at Heirs Holdings.

He brings over 20 years of banking experience, with expertise in payments, financial services innovation, and corporate strategy.

He holds a B.Sc. in Finance, an MBA in Banking and Finance, and an MSc in Leadership and Strategy from London Business School, where he is a Sloan Fellow.