Beyond UBA: Tony Elumelu’s transition to shaping Africa’s industrial destiny
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Tony O. Elumelu is set to step down as Group Chairman of United Bank for Africa (UBA) after completing the maximum 12-year tenure mandated by the Central Bank of Nigeria. His retirement marks the end of a significant era in African banking, with his influence leaving a lasting impact on continental commerce.
When Tony O. Elumelu, steps down as Group Chairman of United Bank for Africa (UBA) on August 21, 2026, it will mark the end of one of the most defining chapters in modern African banking. Retiring after completing the maximum 12-year tenure limit for non-executive directors mandated by the Central Bank of Nigeria (CBN), Elumelu leaves an indelible footprint on African commerce. The post Beyond UBA: Tony Elumelu’s transition to shaping Africa’s industrial destiny appeared first on Nairametrics.