NEW UBA CHAIRMAN APPOINTMENT HIGHLIGHTS DYNAMIC GROWTH IN AFRICAN MARKETS
Lagos, Nigeria, December 19, 2013/African Press Organization (APO)/ – United Bank for Africa (UBA), the pan-African financial services group in which investment company Heirs Holdings (http://www.heirsholdings.com/) has a strategic interest, has announced the appointment of a new board chairman, Ambassador Joe Keshi. The appointment of Ambassador Keshi, who brings significant foreign service experience, signals the increasing importance of UBA’s pan-African and global network.
Picture of Joe Keshi: http://www.photos.apo-opa.com/plog-content/images/apo/photos/joe_keshi.jpg
Heirs Holdings Chairman, Tony O. Elumelu (http://www.tonyelumelu.com/), who retired as Group Managing Director and CEO of UBA in 2010 and whose strategic vision is responsible for today’s UBA, confirmed that Keshi’s appointment would add significant value to UBA’s shareholders.
He added, “This appointment lays to rest some of the ill-informed speculation relating to my own possible return to UBA. With Heirs Holdings developing an increasingly diversified portfolio, including Transcorp (http://www.transcorpnigeria.com/), as well as Tenoil (http://www.tenoilenergy.com/), Afriland (http://www.avonhealthcare.com/), our real estate business, and Avon Healthcare, leading Heirs Holdings and ensuring that we capture the many exciting opportunities in Nigeria and across Africa, requires my full time attention. I can think of no better person than Joe Keshi to lead UBA.”
Distributed by APO (African Press Organization) on behalf of Heirs Holdings.
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