Unity Bank appoints new acting Managing Director/CEO

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The Board of Unity Bank Plc has announced the appointment of Ebenezer Kolawole as the acting managing director/chief executive officer. This appointment follows the retirement of Mrs. Oluwatomi Somefun, who has completed her tenure as MD/CEO.

The appointment was made public at the bank’s 18th Annual General Meeting (AGM), held in Lagos, after securing the necessary approval from the Central Bank of Nigeria (CBN).

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Mr. Kolawole is a seasoned banker with over three decades of experience in the industry. He began his career at Caribbean Finance Limited in 1992 and later joined Ecobank, where he worked in various departments, including operations and finance.

“I am honoured to take on this new role and contribute to the growth and success of Unity Bank,” Kolawole said. “I am committed to building on the legacy of my predecessor and working with the team to drive the bank’s strategic objectives.”

Kolawole holds a First-Class (Hons) Degree in Accounting from Obafemi Awolowo University (OAU), Ile-Ife. He has also participated in several management and executive education programs at Columbia Business School, New York, USA, and The Wharton School of the University of Pennsylvania, Philadelphia, USA

He is a member of several professional bodies, including the Institute of Chartered Accountants of Nigeria (FCA), the Institute of Credit Administration (FICA), and the Chartered Institute of Bankers of Nigeria (HCIB).

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In his new role, Kolawole will be responsible for finalising the bank’s ongoing corporate programs and strategic business initiatives. “I am excited to work with the team to drive business growth, improve customer satisfaction, and enhance the bank’s overall performance,” he said.

The Board of Unity Bank expressed confidence in Kolawole’s ability to lead the bank to greater heights. “We are pleased to have Mr. Kolawole take on this new role,” said the Chairman of the Board. “His experience, expertise, and leadership skills make him the ideal candidate to drive the bank’s growth and success.

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