Nigeria: Union Bank CEO Emuwa Retires, Okonkwo Named MD Designate allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
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: