United Capital Appoints Mr. Uche Ike as Chairman, Board of Directors

The Board of United Capital has appointed Uche Ike as Chairman of its Board of Directors, replacing Chika Mordi, who recently retired.

About Mr. Uche Ike

Uche Ike is an experienced professional who holds a B.Sc. degree in Accountancy and a Master of Business Administration. He is an Associate Member of the Institute of Chartered Accountants of Nigeria (ICAN). He has over three decades of banking experience spanning Operations, Internal Audit, Enterprise Risk Management, Fraud Management, and Regulatory Compliance.

Mr. Uche Ike was the General Manager of the UBA New York Branch and had also previously supervised operations in the East and South Banks of UBA Nigeria. He rose to become the Executive Director of Risk Management, Compliance, and Corporate Governance at United Bank for Africa [UBA]. Uche is an alumnus of the Institute of Management Development (IMD), Lausanne, Switzerland, INSEAD, France, as well as the Chicago Booth Executive Program, USA. Prior to his appointment as the Board Chairman, he was the Chairman of the Board Risk and Investment Committee.

He brings a wealth of industry experience, strategic foresight, a strong track record of leadership, and commitment to excellence that will support the Group’s next phase of growth. He will help sustain the company’s forward momentum and further drive United Capital’s vision of becoming Africa’s foremost investment and financial services group.

United Capital Reaction

Commenting on the board leadership transition, Group Chief Executive Officer of United Capital Plc, Mr. Peter Ashade, said:

“We are deeply grateful to Prof. Chika Mordi and Mr. Emmanuel Nnorom for their outstanding service and transformational leadership. Their contributions have left an indelible mark on our business, culture, and governance. Their legacies are woven into United Capital’s success story, and we salute their efforts.

“As we welcome Uche Ike as our new board chairman, we are confident that his wealth of knowledge, extensive experience, and strategic foresight will propel United Capital Plc to even greater heights. With his leadership, we are well-positioned to deepen our impact and deliver even greater value to our shareholders and stakeholders across the continent.”

About United Capital

United Capital Plc is a leading Pan-African financial and investment services group, with a mission to provide bespoke and innovative value-added services to its clients. The group aims to transform the African continent by providing innovative and creative investment banking solutions to governments, companies, and individuals.

United Capital is the first Investment Bank to be listed on the Nigerian Exchange. It operates as a group with subsidiaries in the Investment Banking, Consumer Lending, Trusteeship, Securities Trading and Asset Management, Wealth Management, and Microfinance Banking.

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