Meet Yetunde Oni, Union Bank’s new Managing Director/CEO

Meet Yetunde Oni, Union Bank’s new Managing Director/CEO Deborah Dan-Awoh by Gasper Babatunde Following the dissolution of the Board and Management of three prominent banks Union Bank, Keystone Bank, and Polaris Bank on Wednesday, the Central Bank of Nigeria (CBN) announced the appointment of Yetunde Oni as the new Managing Director/Chief Operating Officer of Union Bank plc. The announcement of Yetunde Oni’s appointment was made by Sidi-Ali Hakama, the acting director of Corporate Communication, through a circular dated January 10, 2024. In a related development from last December, Titan Trust Bank’s (TTB) chairman, Babatunde Lemo, faced questioning by the Special CBN Investigator, Jim Obazee, regarding TTB’s acquisition of Union Bank of Nigeria Plc (UBN). Titan Trust Bank promptly issued a press release refuting any allegations. Amidst this backdrop, the arrival of Yetunde Oni as the new Chief Executive Officer and MD of Union Bank adds a layer of uncertainty to the ongoing saga surrounding the acquisition of Union Bank by Titan Trust Bank. She takes over from Mudassir Amray, the former CEO of the bank. Background Yetunde Oni assumes the position of CEO at Union Bank, bringing with her a career spanning 25 years. Known for her role in originating client solutions, managing teams, and talent development, Oni is recognized as a tenacious leader with a track record of navigating complex business decisions.

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