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Ghana’s Foreign Minister Emerges Commonwealth Secretary-General

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Shirley Ayorkor Botchwey Commonwealth Secretary-General

By Kestér Kenn Klomegâh

Ghana’s Minister of Foreign Affairs and Regional Integration, Ms Shirley Ayorkor Botchwey, has been appointed as the new Secretary-General of the Commonwealth.

Her appointment was at the Commonwealth Heads of Government meeting in Samoa, which ended on Saturday, October 26, 2024. She became the 7th scribe of the group.

At the gathering, leaders further reaffirmed their commitment to tackling global economic, environmental and security challenges, while exploring ways to enhance resilience, sustainable trade and inclusive growth and emphasising the empowerment of youth and women.

In a statement, Ms Botchwey noted that the election, indeed, made her the second successive woman to take up the position after Baroness Patricia Scotland, the current office-holder.

With this decision (reached by consensus), the Heads of Government have continued the tradition of making this organization one that makes history.

Thus, it is fitting, to pay tribute to the late Queen Elizabeth II, the former head of the Commonwealth, whose legendary wisdom, and calm, yet courageous stewardship for 70 years exemplified the potential of women’s leadership.

“But this is not to deny the stewardship prospects of King Charles the Third, under whose leadership I look forward to working, alongside that of the Heads of Government and Board, as well as with other Commonwealth affiliate organizations,” she stressed in her statement.

According to her, this occasion marks a new chapter in the shared journey towards deepening democracy, peace, prosperity, and economic progress.

As she takes up the role, she was inspired by the diversity and resilience of the member states. These different states have distinctive differences in political culture, but share a common wealth of values.

Ms Botchwey expressed her vision is to build on these strengths, promoting trade, education, skills development and innovation for the teeming numbers of young people across the Commonwealth.

She, however, promised to provide leadership and work tirelessly with member-states, and in collaboration with other international multilateral institutions, towards addressing climate change which presents a clear existential threat to the Commonwealth.

Her responsibility also includes systematic harnessing of existing opportunities for transformation, and enhancing the organization’s global voice.

She further pledged to prioritize inclusive and effective decision-making, leveraging technology to bridge gaps and amplify marginalized voices, capitalizing on her extensive experience in diplomacy, trade, defence, security, and communications.

Ms Botchwey said she recognizes the fact that she has to effectively mobilize resources and efficiently manage them for the benefit of the Commonwealth.

“Together, we can achieve climate resilience, promote economic transformation, and leverage technology to create opportunities for our young people.

“We can deepen democracy, good governance, intra-Commonwealth trade, build resilient and thriving societies, and resource our organization better,” she stated.

Ms Botchwey expressed gratitude to all and sundry, particularly to President Nana Akufo-Addo of Ghana.

The next meeting is to be hosted by Antigua and Barbuda in 2026.

The Commonwealth is a voluntary association of 56 independent and sovereign states which include both advanced economies and developing countries.

It supports member countries to build democratic and inclusive institutions, strengthen governance and promote justice and human rights. The secretariat helps to grow economies and boost trade, deliver national resilience, empower young people, and address threats such as climate change, debt and inequality.

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Elumelu Quits as UBA Chairman, Nnorom Takes Over

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tony elumelu and emmanuel nnorom

By Aduragbemi Omiyale

In line with the 12-year tenure prescribed for non-executive directors of banks by the Central Bank of Nigeria (CBN), Mr Tony Elumelu will on August 21, 2026, cease to be chairman of United Bank for Africa (UBA) Plc.

The board of the financial institution at its meeting on July 6, 2026, has elected Mr Emmanuel Nnorom as the new chairman.

In a notice to the Nigerian Exchange (NGX) Limited, the lender said Mr Elumelu’s successor, a non-executive director of the company, will assume the new role on August 21, 2026.

Mr Nnorom is a chartered accountant with over 40 years of experience in banking, finance and audit. He brings to the role extensive leadership experience and deep institutional knowledge of UBA.

“I am honoured by the trust the Board has placed in me and deeply conscious of the legacy I inherit.

“I look forward to working with my colleagues on the board, management and our staff across all our markets to sustain UBA’s momentum and continue delivering long-term value to our shareholders, customers and stakeholders,” Mr Nnorom stated.

Commenting on his retirement, Mr Elumelu said, “Serving United Bank for Africa has been one of the great privileges of my career.

“UBA has a unique competitive position, across Africa and globally, and I leave the Board with great confidence in UBA’s future.

“Emmanuel Nnorom is a leader of integrity, experience and sound judgement, and I am confident that the Bank will continue to thrive under his leadership.”

The board thanked him for his visionary leadership and exceptional contribution to the growth, transformation and institutional strength of the UBA Group.

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WACT-APM Terminals Appoints Obadagbonyi as Managing Director

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Courage Obadagbonyi

By Adedapo Adesanya

WACT-APM Terminals Nigeria has announced the appointment of Mr Courage Obadagbonyi as Managing Director, effective July 1, 2026, succeeding Mr Jeethu Jose and becoming the first Nigerian to hold the post.

The appointment reflects the organisation’s continued focus on developing strong leadership from within its global talent pool while ensuring sustained growth and operational excellence.

A seasoned executive with more than two decades of international experience, Mr Obadagbonyi has held leadership roles across finance, operations and general management at leading global organisations, including APM Terminals, General Electric and Lafarge.

Prior to this appointment, he served as Chief Financial Officer (CFO) for the APM Terminals Nigeria cluster, with responsibility for financial strategy across Nigeria and San Pedro, Côte d’Ivoire.

He also served in an acting capacity as Managing Director of APM Terminals Apapa between 2025 and March 2026, further strengthening his operational leadership experience.

With experience spanning sectors such as oil and gas, power generation, logistics and healthcare, Mr Obadagbonyi brings deep expertise in financial management, risk optimisation and business performance.

Speaking on his appointment, he said, “I look forward to building on the strong foundation already in place at WACT. The terminal plays a critical role in connecting businesses in Eastern Nigeria to global markets, and we will continue to focus on safe, reliable and efficient operations.”

On his part, the Chief Executive Officer of APM Terminals Nigeria, Mr Frederik Klinke, noted that the appointment reflects the company’s commitment to leadership development and long-term growth.

“Across APM Terminals globally, we see strong collaboration and talent development across our teams. This appointment reflects the depth of experience within our organisation and our continued focus on building capabilities that support sustainable growth. Nigerians have continued to distinguish themselves through exceptional performance and leadership. Colleagues from our Apapa and Onne terminals have contributed their expertise internationally while also bringing back valuable best practices to strengthen operations in Nigeria.”

He added that Mr Obadagbonyi’s experience would support the next phase of operational excellence and value delivery at WACT.

The outgoing MD, Mr Jose, said, “It has been a privilege to lead WACT-APM Terminals Nigeria during a period of meaningful progress. The team has built a strong platform for the future, and I am confident in the continued success of the organisation.”

West Africa Container Terminal (WACT)-APM Terminals in Onne, Rivers State, is one of Nigeria’s leading container terminals, having commenced commercial operations in 2006.

The company has continued to invest in capacity expansion and modernisation, including a $115 million terminal upgrade project launched in 2020. The upgrade also includes the deployment of reefer racks with a 600-plug capacity, as well as the expansion of the existing yard, a new workshop, a new terminal auto gate, modernised offices and state-of-the-art technology. These investments have enhanced efficiency, strengthened service delivery and reinforced WACT’s role as an important gateway for trade beyond Lagos.

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Unilever Nigeria Appoints Modupe Femi-Okunbanjo to Board

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Modupe Femi-Okunbanjo

By Aduragbemi Omiyale

A new member has joined the board of Unilever Nigeria Plc, and she is Mrs Modupe Femi-Okunbanjo, who was appointed as an executive director of the organisation.

Her appointment, according to a statement from the company, is effective June 30, 2026. It followed the resignation of Mr Ibrahim Sodipe as an executive director of the firm with effect from June 30, 2026.

Mr Sodipe was praised for his valuable service and significant contributions to the entity, particularly in driving improved turnover and profitability and supporting Unilever Nigeria’s continued progress towards sustainable and profitable growth.

Mrs Femi-Okunbanjo was described as an accomplished finance and governance leader who, for more than 15 years, has steered finance teams, shaped strategy, and strengthened risk management frameworks in the fast-moving consumer goods and telecommunications sectors.

She is currently the Financial Controller of Nigeria and Regional Controls Lead for West Africa at Unilever Nigeria, where she oversees financial governance, regulatory compliance, and enterprise risk management.

Her work has been pivotal in embedding ethical leadership and data-driven decision-making at board level, while ensuring organisations remain resilient in the face of shifting market dynamics.

The new board member has established a reputation for elevating financial reporting, advancing audit excellence, and strengthening governance frameworks, thereby positioning organisations for sustainable growth and long-term value creation.

In her previous roles, she has a consistent track record of delivering margin expansion, enhancing governance & control environments, and leading transformation in challenging macroeconomic conditions.

She is equally committed to developing future talent and advancing financial literacy among younger generations.

Prior to her joining Unilever Nigeria Plc in 2018, Mrs Femi-Okunbanjo held key roles at UAC of Nigeria Plc, Helios Towers Nigeria, and Makasa Sun Nigeria Limited, where she pioneered control frameworks from the ground up, eliminating revenue leakages, digitising operations and embedding financial discipline.

A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a Member of the Chartered Institute of Management Accountants (CIMA), she holds a Bachelor’s degree in Accounting from Lagos State University and an MBA with Specialisation in Strategy from the Edinburgh Business School, Heriot-Watt University, UK.

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