Israel C. Ogbue, former chairman of United Bank for Africa (UBA) Plc has died. The bank announced the passing of its former chairman, Israel Ogbue, who died on Thursday at the age of 99.

“He joined the UBA Board in 2005 as a Non-Executive Director and was later appointed Chairman in 2011, a role he held with dignity and strategic foresight until his retirement in 2013.”

The Board of Directors, Management and Staff of United Bank for Africa (UBA) Plc announced with deep sorrow the passing of Israel C. Ogbue, former chairman of the bank.

Born on February 18, 1927, in Onicha-Olona, Delta State, Mr Ogbue began his professional journey in the Federal Civil Service before pursuing further studies in the United Kingdom. He built a career that saw him rise through senior management at the National Insurance Corporation of Nigeria (NICON), where he served until his retirement in 1988. Following his retirement, he was appointed to the boards of several leading institutions, including UBA.

He joined the UBA Board in 2005 as a Non-Executive Director and was later appointed Chairman in 2011, a role he held until his retirement in 2013.

During his tenure, he reinforced a culture of strong corporate governance, accountability and long-term sustainability.

In addition to his corporate accomplishments, Mr Ogbue was a devoted family patriarch and mentor. He was the father of Awele Elumelu and father-in-law to the Group Chairman of UBA Group, Tony Elumelu.

“UBA Group extends its heartfelt condolences to his children, grandchildren, extended family, friends and associates. We celebrate a remarkable life of service, wisdom and impact, and we honour his invaluable contributions to UBA and to Nigeria’s corporate landscape,” the bank said in a statement on Wednesday.

Mr Ogbue is survived by his wife, children and grandchildren.

Funeral arrangements will be announced by the family in due course.