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Union Bank Nigeria Plc has announced the retirement of its Chief Executive Officer, Emeka Emuwa, effective March 31, 2021.
The bank, in a statement on Monday, said Emuwa communicated his decision to retire from the bank after serving as its CEO for eight years.
The bank also announced Mr Emeka Okonkwo, who is currently an executive director, as the incoming CEO, subject to the approval of the Central Bank of Nigeria (CBN).
Mr Emuwa joined Union Bank in November 2012, following a $500million investment by Union Global Partners, with a mandate to transform and restore one of Nigeria’s oldest institutions back to its rightful position as a respected provider of financial services.