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President Muhammadu Buhari was on hand to present yet another award to the Chairman of BUA Group, Abdul Samad Rabiu today at the instance of the Nigeria military.

 

The event was the Chief of Army Staff Annual Conference which took place in Sokoto.

The Army used the occasion to honour some Nigerians with Recognition Awards for their support. Chief among them was the BUA Group Chairman and founder of ASR Africa Initiative, Abdul Samad Rabiu.

 

It was the fourth recognition to be presented by the President personally to the BUA Group founder in less than a year.

Earlier in the year, , specifically in May, he was honoured with the Nigeria Productivity Awards, after which he was presented with a national honour as a Commander of the Federal Republic, CFR.

Then in October, he was again presented an award, this time Nigeria Excellence Award in Public Service for philanthropy and interventions in education. Curiously at the last award, he was the only Nigerian drawn from the Public sector found worthy of such honour.

 

Speaking at the Chief of Army Staff Conference, the President, Muhammadu Buhari directed the military to remain apolitical and continue to operate within the framework of the constitution to ensure the successful conduct of 2023 elections.

He also urged the Army to continue to improve to their human rights obligations during operations in line with global best practices.

 

In his response, Abdul Samad Rabiu said, “Personally, I am very honoured to have received this recognition award today. I thank the Nigerian Army for this recognition; it is a call to do more. Our security agencies are doing so much and have sacrificed a lot to keep us safe. We must acknowledge visible progress and support where we can as individuals and private sector”. He further enjoined others in the private sector to join hands in supporting visible government effort in the security and social development space.

 

Speaking at the event, the COAS, Lieutenant General Faruk Yahaya reeled out the numerous achievements of the Nigerian Army and thanked eminent Nigerians, other security agencies and government for supporting the Nigerian Army in its quest to defending Nigeria’s territorial integrity and sovereignty against external aggression whilst also giving aid to civil authorities in mitigating internal security challenges in the country.

According to the Nigerian Army, Abdul Samad Rabiu’s contributions include a 2billion Naira donation to the Army, plans to refurbish and equip science laboratories as well as libraries in 6 command secondary schools across the various regions in Nigeria, infrastructure development and refurbishment of barracks, provision of kits, equipment amongst others.

 

In related news, Abdul Samad Rabiu was named the CEO of the Year (2022) whilst BUA Group/ASR Africa bagged three awards namely, ‘Best Company in Social Impact and Human Capital Advancement in Africa’, ‘Impact Investor of the Year’, and ‘Best Company in Infrastructure Development’ at the 16th Annual Africa CSR Awards (SERAS) for driving impactful change and sustainable development through various ASR Africa and BUA Foundation projects in the year under review.

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Zenith Bank Refunds N3.23m To Angry Customer Chiamaka Agim

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A leading Nigerian commercial bank, Zenith Bank has returned N3.23 million to Chiamaka Agim, a Lagos State resident whose N4.039 million was erroneously deducted on January 9.

 

According to reports, Zenith Bank had previously informed Agim that she would only receive N800,500 of the N4,039,900 that had been debited.

 

But on Monday, January 16, in the evening, the bank sent back N3,239,400.

 

Recently, the Zenith Bank client shared a post about the refund on her Twitter page.

 

 

Agim reported that on that Monday, the bank contacted her to provide an update on the refunded money.

 

“After the event, they had to put my account on pause, so I didn’t get any alerts,” the user said. I was told to visit the bank the next day,” she recalled.

 

“They had credited my account with N3,239,400 around 7.30 pm on Monday,” the customer said. “My account statement was printed when I got to the bank.”

 

She claimed to have discovered that Access, one of the two banks to which the funds were transferred, still held the remaining N800,500.

 

Zenith Bank stated that Access Bank is now withholding the funds and that it is not their fault at this time. They said Access Bank stated that the funds would not be released without a court order.

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UBA Appoints Abiola Bawuah CEO,UBA Africa

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The Board of Directors of the United Bank for Africa Plc has announced the appointment of Mrs. Abiola Bawuah, as Chief Executive Officer (CEO) of UBA Africa.

 

According to a statement y the bank, Bawuah will also join the Group Board as an Executive Director, overseeing the Group’s operations across the African continent, outside Nigeria.

 

Bawuah, a Ghanaian national, is the first female CEO of UBA Africa.

 

Prior to her appointment, she was Regional CEO, West Africa, supervising the Group’s operations in nine subsidiaries, including Benin, Burkina Faso, Cote d’Ivoire, Ghana, Guinea, Liberia, Mali, Senegal, and Sierra Leone. She previously held the role of CEO, UBA Ghana.

 

Speaking on the new appointment, the Group Board Chairman, Mr Tony O. Elumelu, said, “Abiola has contributed significantly to the growth of UBA Africa for close to a decade. She brings a wealth of experience in commercial banking, and stakeholder engagement. It also gives me great pleasure that with her appointment, the UBA Group Board has now become a majority female board.”

 

The UBA Group also announced other appointments.

 

Chris Ofikulu was appointed the Regional CEO of UBA West Africa.

 

A statement by the bank said Ofikulu has over two decades of banking experience spanning corporate, commercial, and retail banking.

 

Similarly, Uzoechina Molokwu was appointed as Deputy Managing Director (DMD) of UBA Ghana, subject to local regulatory approvals. He was previously the Executive Director, Business Development – UBA Côte d’Ivoire and has over 23 years banking experience.

 

Ayokunle Olajubu was also announced as the Managing Director/CEO UBA Liberia, subject to local regulatory approvals. He currently drives compliance across Africa subsidiaries and comes with 30 years banking experience in Nigeria and other African countries, including Sierra Leone, Cote D’Ivoire and the Gambia.

 

Other appointments include that of Theresa Henshaw who was appointed as CEO of UBA UK, subject to local regulatory approvals. She was previously the DMD, Business Development, UBA America and joined the Group as ED, Business Development at UBA UK.

 

Usman Isiaka, currently CEO, UBA Sierra Leone, has also been appointed the Deputy CEO in UBA America, subject to local regulatory approvals.

 

Adeyemi Adeleke, the former CEO of UBA, UK is now the Group Treasurer. Adeleke will be working to unlock the immense value in the Group’s multi-jurisdictional balance sheet, leveraging on its presence in 24 countries within and beyond Africa.

 

In addition to the executive appointments, UBA has announced the retirement of High Chief Samuel Oni, an independent non-executive Director, from the board following the expiration of his tenure. He joined the UBA Group in January 2015 and served on the Board of the Group for eight years.

 

The Group Chairman, Mr Elumelu, expressed his appreciation to High Chief Oni, for his commitment, leadership and extensive contributions to the UBA Group and on behalf of the Board, wishes him the very best in all his future endeavours.

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