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Uzodinma Iweala to Step Down as Africa Center CEO December 2024

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Uzodinma Iweala Africa Centre

By Adedapo Adesanya

Award-winning writer, filmmaker, and medical doctor, Dr Uzodinma Iweala, will step down as the chief executive officer of the Africa Center in December 2024 after seven years at the helm of affairs of the institution.

The Africa Center is a multidisciplinary 501c3 nonprofit institution helping to shape a vision of Africa’s future. Serving as a gateway to engagement with contemporary Africa, and under Dr Iweala’s leadership evolved from a visual arts museum into an interdisciplinary centre with an expanded mission that includes culture and policy programming that aims to change narratives and create new opportunities for Africa and the Diaspora.

As a platform for the exchange of ideas around culture, business, and policy as related to the African continent, the Africa Center advances thought and action around Africa’s global influence.

Dr Iwaela, the son of the Director-General of the World Trade Organisation (WTO) and former Nigerian Minister of Finance, Dr Ngozi Okonjo-Iweala, also led the Africa Center at Aliko Dangote Hall when it first opened its doors to the public in 2019, swiftly becoming a thriving cultural hub in Harlem.

The Center has since produced more than 280 programs across its thematic areas of culture, policy, and business related to contemporary African life. The Center has welcomed more than 177,000 visitors to contemporary cultural exhibitions, art installations, performances, film screenings, author talks, policy forums, and a myriad of special events, including Harlem Day celebrations.

Speaking on his departure, Dr Iweala said, “After seven years of dedicated service to The Africa Center, I have decided that it is time to turn the page and write my next chapter,”

“My journey at The Africa Center has been incredibly rewarding, not just professionally but personally, as our team has worked tirelessly to fulfil and expand our mission. I am proud of what we have accomplished together, from opening our doors to hosting programs and exhibitions centred on African people and the African Diaspora that may not have happened anywhere else but here. We’ve built a resilient and supportive community around our mission. I am confident that the Center is in a strong position to welcome new leadership to carry the institution to even greater heights.”

It is not clear where the next path for the accomplished author will be, but his duration at the centre was marked by a lot of growth including the creation of the Future Africa Forum, which initiated The Africa Center’s interdisciplinary approach to policy programming. That signature forum convenes heads of state, senior political officials, industry leaders, philanthropists, and luminaries in culture for discussions during the United Nations General Assembly.

According to a statement, it was announced that Dr Iweala also brought The Africa Center into a trailblazing partnership with Africa No Filter and the University of Cape Town to develop the Global Media Index that provides a benchmark for the way Africa is covered in the media. Among the curatorial highlights, Iweala’s team partnered with the Museum of Food and Drink to co-present the landmark exhibition African/American: Making the Nations Table and with Independent Curators International to co-present the exhibition States of Becoming featured cutting-edge 17 African artists from the continent and Diaspora.

He worked closely with the Board of Trustees to negotiate a retirement of the museum’s debt, reinvigorate fundraising, jumpstart construction of its flagship Aliko Dangote Hall, and grow relations with its neighbours. Iweala established a solid foundation of support for the Center within Harlem, the greater New York City area, on the African continent, and within African Diasporic communities throughout the world.

Prior to serving as CEO of The Africa Center, Iweala was the CEO, Editor-In-Chief, and co-founder of Ventures Africa magazine, a publication that covers the evolving business, policy, culture, and innovation spaces in Africa. His books include Beasts of No Nation, a novel released in 2005 to critical acclaim and adapted into a major motion picture; Our Kind of People, a non-fiction account of HIV/AIDS in Nigeria released in 2012; and Speak No Evil (2018), a novel about a queer first-generation Nigerian-American teen living in Washington, D.C. He also holds several positions across medicine and philanthropy.

No successor was announced by the organisation but it has selected  Mr Isaacson Miller to search for The Africa Center’s next leader working alongside the Transition Committee that includes Trustees Temi Adeniji, Jim Bildner, Jamie Cooper, Jendayi Frazer, Meredith Marshall, and Ben Stein.

The Africa Center Board Co-Chair Chelsea Clinton lauded Dr Iweala saying, “The Board of Trustees is immensely grateful to Uzodinma Iweala for his visionary leadership, passion, and unwavering commitment to The Africa Center,” said Board Co-Chair Chelsea Clinton.

Also, Board Co-Chair Jendayi Frazer added that, “Uzodinma leaves behind a legacy of growth, innovation, and community engagement that will continue to inspire our work for years to come. We are committed to finding a successor who will build on his achievements and who will guide The Africa Center into its next phase of development as an institution and centre for the exploration of contemporary African issues in New York City and across the globe.”

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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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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