Union Bank Welcomes New CEO Yetunde Oni

In a swift response to alleged corporate governance infractions and non-compliance with regulatory requirements, the Central Bank of Nigeria (CBN) dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank, and Polaris Bank. The financial regulatory body wasted no time in appointing new executive directors to oversee the affairs of these deposit money banks.

The acting Director of Corporate Communications, Sidi Hakama, issued a statement on Thursday morning, announcing the immediate effect of the appointments.

Yetunde Oni Takes Helm at Union Bank: 10 Key Facts

The first female CEO of the Standard Chartered Bank in Sierra Leone, Yetunde Oni, has been appointed as the Chief Executive Officer of Union Bank, succeeding Mudassir Amray. PUNCH Online provides insight into the professional journey of Yetunde Oni with these 10 key facts:

1. Yetunde Oni earned a degree in Economics from the University of Ibadan in 1991.
2. In 2016, she underwent Executive Training at Oxford University.
3. She obtained an MBA in Business Administration from Bangor University in 2020.
4. Her career commenced at Prime Merchant Bank Treasury & Money Markets Group.
5. Joining Ecobank Nigeria in 1994, she served as a Relationship Manager in the Institutional Banking Group until 2005.
6. In January 2005, Yetunde Oni joined Standard Chartered Bank Nigeria as a Senior Account Relationship Manager in the Local Corporations segment.
7. She later assumed dual responsibilities as Wholesale Banking Branch Head and the developer of the Bank’s Local corporate portfolio in the Apapa and Ogun State Region at the Apapa Branch.
8. Appointed Head of Local Corporates in May 2010.
9. In 2014, she became the Managing Director & Country Head of Commercial Banking in West Africa for Standard Chartered Bank, a position she held until January 2021.
10. Before her managerial role at Union Bank, Yetunde Oni made history as the first female Managing Director and Chief Executive Officer at Standard Chartered Bank in Sierra Leone, stepping into the role in January 2021.

Yetunde Oni’s extensive experience spanning over 25 years positions her as a capable leader to navigate Union Bank through these challenging times and implement effective governance reforms.