United Capital Plc (NSE: UCAP) has appointed two new Non-Executive Directors to join its Board. This was contained in publication by the company on The Nigerian Stock Exchange.
The new Non-Executive Directors are Mr. Dipo Fatokun and Ms. Sutura Aisha Bello, both were appointed as Independent Non-Executive Directors, and their appointments were effective immediately.
Mr. Dipo Fatokun has about 30 years’ experience in the financial services industry, having worked in different capacities at the Central Bank of Nigeria. Prior to his appointment as an Independent Non-Executive Director, he was the Director, Banking Services Department at the Central Bank of Nigeria.
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He is an alumnus of University of Lagos, where he obtained a Master’s degree in Business Administration and University of Ilorin where he obtained a B.Sc. in Accounting. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Bankers of Nigeria (CIBN).
Ms. Sutura Aisha Bello is a seasoned PPP/Project Finance professional with over 30 years’ experience in commercial, financial and project management. She led multiple projects for the World Bank, DFID and OPEC Fund for International Development across a wide range of sectors.
Sutura is an alumna of the Southern New Hampshire University, USA where she obtained Masters degrees in Business Administration and Computer Information Systems. She is also an alumna of the University of Maiduguri, Nigeria where she obtained a B.Sc. in Economics.
About United Capital Plc
United Capital Plc (previously called UBA Capital Plc) was incorporated in Nigeria, as a public liability company, on 3 August, 2012, to act as the ultimate holding company for the United Capital Group.
UCAP was listed on the Nigerian Stock Exchange on 17 January, 2013. It changed its name to United Capital Plc following the approval of the resolution by shareholders on 16th December, 2014.
The principal activities of the Group are mainly the provision of investment banking services, portfolio management services, securities trading and trusteeship.
UCAP has 6 billion outstanding ordinary shares and a market capitalization of N29.64 billion. It shares were trading at N4.94 at the close of trading on Monday on The Nigerian Stock Exchange.
By; Nnamdi M.
