Union Bank Appoints Bayo Adeleke As Board Chairman 

Union Bank of Nigeria Plc has appointed Mr. Bayo Adeleke as its new Board Chairman, alongside seven additional directors.

This strategic move reflects the bank’s commitment to enhancing its leadership framework and driving growth.

The announcement revealed the inclusion 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.

Mr. Adeleke, the newly appointed Board Chairman, brings a wealth of experience from his distinguished career in banking and financial services, including senior roles at First Bank of Nigeria. Renowned for his strategic insight and commitment to excellence, he is expected to guide Union Bank through its next phase of growth and transformation.

The new board members also bring extensive expertise across diverse areas of financial services. For instance, Mr. Balarabe is well-regarded for his achievements in corporate banking and regulatory compliance. Mrs. Ezenwa offers international experience in financial services, with a strong focus on mergers and acquisitions and sustainable infrastructure.

Union Bank’s Managing Director (MD) and Chief Executive Officer (CEO), Mrs. Yetunde B. Oni, expressed confidence in the appointments, stating they align with the bank’s vision of maintaining its leadership 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,” Mrs. Oni remarked.

She also assured customers of the bank’s ongoing dedication to innovation, service excellence, and long-term growth.