LAGOS: United Bank for Africa Plc has welcomed Emmanuel Nnorom as its new Group Chairman, following the retirement of Tony Elumelu.
Nnorom officially assumed office on August 21, 2026, after Elumelu completed the maximum tenure allowed for non-executive directors under the Central Bank of Nigeria’s corporate governance guidelines.
In a statement shared on its social media platforms on Wednesday, UBA described Nnorom as a seasoned business leader and chartered accountant with more than 40 years of experience.
We welcome Mr. Emmanuel N. Nnorom as the new Group Chairman of United Bank for Africa Plc,” the bank stated.
It added that Nnorom had spent more than eight years in senior leadership roles within the UBA Group, including Group Chief Operating Officer, Group Chief Financial Officer and Managing Director/Chief Executive Officer of UBA Africa. He also served as an Executive Director overseeing the Group Executive Office, Finance and Risk functions.
Nnorom joined the UBA board as a non-executive director in 2024 after holding several executive positions within the banking group.
As CEO of UBA Africa, he oversaw the bank’s operations across several African countries and contributed to its pan-African expansion.
“With his wealth of experience and understanding of UBA’s journey, Mr. Nnorom takes the helm at an important moment in the Group’s continued growth across Africa and beyond,” UBA said.
Outside UBA, Nnorom served as President and Chief Executive Officer of Transnational Corporation Plc from September 2014 to May 2017. He has also been the Group Chief Executive Officer of Heirs Holdings since June 2017.
His banking career includes senior management roles at Standard Trust Bank, now UBA, Diamond Bank, NUB International Bank and Liberty Merchant Bank.
Nnorom is a Fellow of the Institute of Chartered Accountants of Nigeria and an Honorary Member of the Chartered Institute of Bankers of Nigeria. He also completed executive leadership and management programmes at Templeton College, Oxford
