Banking Bad Boy, @TonyOElumelu Of @UBAGroup Pulls Dangerous Strings To Kick Out Ikpobe
For those who may not know, sleep may just have been murdered in Marina as United Bank for Africa (UBA) big boss, Tony Elumelu has played the game he alone knows best.
This time, he has succeeded in kicking out a perceived rival, Mr Apollos Ikpobe, who was the bank’s Deputy Managing Director and always known to be the restraining factor to Elumelu’s lavish lifestyle of the bank, as well as its conscience.
According to a source, Elumelu has been having silent running battle with Ikpobe who joined from Zenith Bank over the latter’s desire to follow strict banking rules, which the boss do not subscribe to, since he sees UBA as his sole venture, with customers money as his fiddle to play with.
On Tuesday, we sighted Elumelu in the building where he climbed the lift to the 18th floor apparently to go and wait for the forced resignation letter of Ikpobe which was finally tendered and the board accepting it.
His own boy, Kennedy Uzoka who has been with him from his days at Standard Trust Bank (STB) was immediately drafted in to take the position. Uzoka is a certified ‘graduate’ of the ‘Elumelu school of management’, with those who come from other banking halls finding UBA a slippery ground.
With this boardroom politics perfectly played by Elumelu and his boy now going to work with the randy MD in the person of Philip Odozua, customers’ money can now be said to be firmly in control of the banking emperor who will allegedly use it to fund his other businesses.
***Who are those fronting for Elumelu as board members/Directors of UBA? Find out as we reveal them.