Elumelu Steps Down As UBA Chairman After 12 Years - Business (2)

Elumelu Steps Down As UBA Chairman After 12 Years - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Elumelu Steps Down As UBA Chairman After 12 Years (14513 Views)

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Judolisco(m): 7:45pm On Jul 06

frog12:
this rule is complete nonsense. serious people should challenge it. it's a private bank.

it's regulation na... 12 yrs sef too much, plus he is still the majority shareholder I think... He still the owner technically but dem don reduce him power

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Wotowotoman: 7:46pm On Jul 06

Metrosavana:
CBN pressure, once you reach 10 Years, you are good to go.

Exactly. He will continue running UBA the way AIG has been running Access Bank from the background.

2 Likes

Re: Elumelu Steps Down As UBA Chairman After 12 Years by SamuraiXXX: 7:49pm On Jul 06

frog12:
this rule is complete nonsense. serious people should challenge it. it's a private bank.

So because it's a private bank the CBN should stand idly by and watch a single individual plant himself in the Board of Directors of a bank for 20 years plus while abusing Board privileges and over-riding internal controls at will; not to talk of the fact that most of them will take insider related loans and refuse to pay them back!

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by SamuraiXXX: 7:53pm On Jul 06

DMCA:
UBA is lost ooooooooooo. chai

No human being is indispensable!

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Bluffly: 7:54pm On Jul 06

frog12:
this rule is complete nonsense. serious people should challenge it. it's a private bank.

Private business with high government and public stakes

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by SamuraiXXX: 7:55pm On Jul 06

UkoAnnang:

what about the divorce rumours?

Of what relevance is that to the topic on the table here?!

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Nnamdipapa(m): 8:45pm On Jul 06

UkoAnnang:

what about the divorce rumours?

His personal business buddy, and we should learn to respect that.

2 Likes

Re: Elumelu Steps Down As UBA Chairman After 12 Years by DMCA: 8:52pm On Jul 06

SamuraiXXX:
No human being is indispensable!

make that man give me one of him daughter make I marry cool

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Lekby25: 8:53pm On Jul 06

UkoAnnang:

what about the divorce rumours?

Go to BBC and announce to the world, i don't know what concern you with a fake news to spoil somebody's good reputation that has been built for many years

2 Likes

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Lekby25: 8:58pm On Jul 06

Bluffly:
Private business with high government and public stakes

It is to prevent abuse, Sanusi that made that rule knows the kind of abuse in the banking sector. You can imagine how a former bank MD has over 100 properties in Europe alone, not to talk of America and Nigeria oo.

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Lekby25: 9:02pm On Jul 06

frog12:
this rule is complete nonsense. serious people should challenge it. it's a private bank.

It is to prevent abuse.

2 Likes

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Bluffly: 9:03pm On Jul 06

Lekby25:
It is to prevent abuse, Sanusi that made that rule knows the kind of abuse in the banking sector. You can imagine how a former bank MD has over 100 properties in Europe alone, not to talk of America and Nigeria oo.

Are you with me or against.

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Lekby25: 9:04pm On Jul 06

frog12:
this rule is complete nonsense. serious people should challenge it. it's a private bank.

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Lekby25: 9:07pm On Jul 06

Bluffly:
Are you with me or against.

I actually wanted to reply the guy you quoted not you, it was a mistake

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by LOVEGINO(m): 9:27pm On Jul 06

UkoAnnang:

what about the divorce rumours?

go ask na.

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Menclothing1: 9:29pm On Jul 06

Tinubu acct officer you have done your best invest in other sectors

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by jaxxy(m): 10:33pm On Jul 06

He still runs the bank via heirs holding.

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Layi4real(m): 10:35pm On Jul 06

Good day, Nairalanders.

I was posted to Abeokuta South for my NYSC and I'm currently searching for a good PPA. If anyone has contacts in reputable organizations or can link me with an HR representative handling corps member placements, I'd really appreciate the help.

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by chidi2003(m): 12:55am On Jul 07

UkoAnnang:

what about the divorce rumours?

Always respect people's privacy!

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Talismann: 9:46am On Jul 07

DuttyChuks:
That might be true true ooh

Go post am say e dey true on X with your full chest make body tell you. The other guy wey write lies about am na better hand touch am for sanko no be small

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Ruke1991: 10:55am On Jul 07

frog12:
this rule is complete nonsense. serious people should challenge it. it's a private bank.

make dangote hand over to me as chairman

1 Like

Re: Elumelu Steps Down As UBA Chairman After 12 Years by TempleHouse: 11:39am On Jul 07

frog12:
this rule is complete nonsense. serious people should challenge it. it's a private bank.

Gamallin 20 is free 😊
Uninformed people should keep quiet 🤫

Re: Elumelu Steps Down As UBA Chairman After 12 Years by frog12: 2:39pm On Jul 07

na foolish rule to impose government quota on private banks.
na the trick.

Lekby25:
It is to prevent abuse, Sanusi that made that rule knows the kind of abuse in the banking sector. You can imagine how a former bank MD has over 100 properties in Europe alone, not to talk of America and Nigeria oo.

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Sirrules: 7:30pm On Jul 07

frog12:
this rule is complete nonsense. serious people should challenge it. it's a private bank.

Are you not serious? why not challenge it?some of you just blab for blabbing sake.

Re: Elumelu Steps Down As UBA Chairman After 12 Years by Karlifate: 2:52am On Jul 08

TossTos:
I see the money coming , I see the money coming.. Elumelu..
Big man wan go Ovia way .. more Real Estate things...

Na more Oil & Gas o, not "Real Estate"

Seplat NG, Heirs Energies, etc...

1 2 Reply

Tony Elumelu’s Net Worth Rises To $2.15bn As UBA, Transcorp See Rapid Growth • Ned Okonkwo Proposes To His Wife Again After 12 Years Of Marriage (Video) • Tony Elumelu Steps Out With Wife As They Attends 2019 UBA CEO Award • 2 • 3 • 4

CBN Bans Foreign Currency Payments For Diaspora Remittances From May 1 • Gboko Market On Fire In Benue State! (Photos) • 5 Reasons Why You Should Start Your Own Work At Home Online Business