Union Bank of Nigeria (UBN) Plc has appointed Mr. Bayo Adeleke as chairman of board of directors. Seven other members of the board were also appointed.
In a statement, UBN announced the appointment of two executive directors, Mr. Kelechi Nwaoba and Mr. Taiwo Shote, and five non-executive directors: Mr. Mohammed Balarabe, Mrs. Chiamaka Ezenwa, Mr. Ibrahim Oruma, Mrs. Oluyinka Morgan, and Mrs. Eileen Shaiyen.
Adeleke brings extensive experience in the banking and financial services industry, having held leadership roles at First Bank of Nigeria.
According to the statement, the new chairman’s strategic acumen and commitment to excellence will be instrumental in guiding the bank’s next phase of growth and transformation.
The statement also noted that the other new appointees also came with a wealth of experience and expertise to the board.
For instance, Balarabe has a distinguished career in corporate banking and regulatory compliance, while Ezenwa has global experience in financial services, particularly in M&A and sustainable infrastructure.
Managing Director, Union Bank of Nigeria (UBN) Plc, Mrs. Yetunde Oni expressed satisfaction with the new appointments, stating that they demonstrate the bank’s commitment to building a robust leadership framework.
The new board members are expected to contribute significantly to the bank’s strategic goals and reinforce its position as a leader in the industry.
“These appointments are a testament to Union Bank’s unwavering commitment to building a robust leadership framework. The collective expertise of our newly appointed chairman, executive directors, and non-executive directors will significantly contribute to our strategic goals and reinforce our position as a leader in the industry,” Oni said.
The bank assured all customers that the new additions to its leadership structure would continue to evolve, innovate, and ensure excellent services that would meet their demands and propel the financial institution to long-term, meaningful growth.
