The company’s Directors also announced the addition of Ms. Nadia Mohammed as Non-Executive Director.
This announcement was made by the Company in a notification issued and signed by the Company’s Secretary, Mrs Fola Akande, in compliance with the Listing Rules of the Nigerian Stock Exchange.
These appointments will be effective 1st January 2021, subject to ratification at the company’s next Annual General Meeting (AGM) in 2021.
What you should know
Mrs. Kofoworola Akinkugbe is the founder of Interface Technologies (1998), SecureID Limited (2005), and SecureCard Manufacturing (2012).
She sits on the Boards of the Manufacturers’ Association of Nigeria (Sitting on the board of EXCO), Fintech Association of Nigeria Sokoa Chair Centre Limited, ICS Outsourcing Limited, Lifeworth Medicare Limited, African Missions L/Gte.
By Obinna Chima
The Board of Union Bank Nigeria Plc Minday announced that its Chief Executive Officer, Mr. Emeka Emuwa, will retire on March 31, 2021, after leading the financial institution for eight years.
Emuwa joined Union Bank in November 2012, following a $500 million 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.
According to a statement, the Board has appointed an Executive Director currently leading the bank‘s Corporate Banking business, Emeka Okonkwo, to succeed Emuwa. The appointment is however, subject to the approval of the Central Bank of Nigeria. Commenting on his retirement, Emuwa said:
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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.