His new role will commence on October 1, as announced by the
financial institution in a statement on Wednesday.
Ramon Olanrewaju, UBA’s group head of media and external
relations, confirmed that Nweke will oversee IT and operations in his capacity
as deputy managing director.
Muyiwa Akinyemi, who has held the deputy managing director
role since August 2022, will now focus on southern operations, according to the
spokesperson.
Nweke, a graduate in Accountancy from the University of
Nsukka in Enugu State, also possesses a Master’s in Business Administration
from the same institution. He is a Fellow of the Institute of Chartered
Accountants of Nigeria and an honorary member of the Chartered Institute of
Bankers of Nigeria.
With over 30 years of experience in the banking sector, his
expertise spans audit, retail banking, operations, strategy, technology, and
finance. Chairperson Tony Elumelu remarked that Nweke's appointment reaffirms
UBA’s dedication to maintaining high standards of governance and operational
leadership.
He emphasized that Nweke's extensive industry knowledge and
proven success will be significant assets to the board, enhancing the group's
growth and success.
Additionally, the pan-African bank, which operates in 20
markets across the continent, announced the retirement of Kayode Fasola, a
non-executive director who has stepped down from the board.
Fasola joined UBA in August 2018 and previously chaired the
Finance & General Purpose Committee, as well as being a member of the Board
Audit & Governance, Credit, and Statutory Audit committees.
His areas of expertise encompass performance management,
risk management, banking operations, asset management, business strategy,
credit and financial analysis, and insurance, among others.