Union Bank Appoints Mr. Bayo Adeleke as New Board Chairman

Taiwo Ajayi
2 Min Read
Union Bank Appoints Mr. Bayo Adeleke as New Board Chairman

Union Bank of Nigeria PLC has announced the appointment of Mr. Bayo Adeleke as its new Board Chairman, along with seven other distinguished professionals to its Board of Directors.

This reconstitution of the board is expected to steer the bank towards its next phase of growth and transformation.

The new appointees include two Executive Directors, Mr. Kelechi Nwaoba and Mr. Taiwo Shote, as well as five Non-Executive Directors: Mr. Mohammed Balarabe, Mrs. Chiamaka Ezenwa, Mr. Ibrahim Oruma, Mrs. Oluyinka Morgan, and Mrs. Eileen Shaiyen.

Mr. Bayo Adeleke, the new Chairman, brings with him extensive experience in the banking and financial services industry, having held leadership positions at First Bank of Nigeria. His strategic insight and commitment to excellence are expected to play a key role in guiding Union Bank towards sustainable growth.

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The new members of the board also bring a wealth of experience across various fields. Mr. Mohammed Balarabe has a distinguished background in corporate banking and regulatory compliance, while Mrs. Chiamaka Ezenwa offers global expertise in financial services, with a focus on mergers and acquisitions and sustainable infrastructure.

Mrs. Yetunde B. Oni, Managing Director and CEO of Union Bank, expressed her satisfaction with the new appointments, stating that they reflect the bank’s commitment to building a strong leadership framework. She emphasized that the collective expertise of the new Board Chairman, Executive Directors, and Non-Executive Directors will significantly contribute to the bank’s strategic objectives and strengthen its industry leadership.

In her statement, Mrs. Oni further assured customers that the new leadership would continue to innovate and provide excellent services that would meet their demands and drive the bank towards long-term growth.

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