10 Fact to Known About Union Bank’s new CEO, Yetunde Oni

The Central Bank of Nigeria appointed new executive directors to oversee the operations of the deposit money banks, just hours after the bank’s board and management of Union Bank of Nigeria, Keystone Bank, and Polaris Bank were dissolved due to suspected violations of corporate governance and regulatory noncompliance.

The appointment is effective immediately, according to a statement released on Thursday morning by Sidi Hakama, the acting director of corporate communications.

The announcement claims that Yetunde Oni, the first female CEO of Sierra Leone’s Standard Chartered Bank, has been appointed as the next CEO of Union Bank.

According to PUNCH Online, Yetunde Oni, the recently appointed Chief Executive Officer and MD of Union Bank, carries with her a plethora of experience spanning over 25 years in the banking sector.

Ten facts you should know about Yetunde Oni.

1. The University of Ibadan awarded Yetunde Oni a degree in Economics in 1991.

2. In 2016, she completed Executive Training at Oxford University.

3. In 2020, she graduated with a Master of Business Administration from Bangor University.

4. Prime Merchant Bank Treasury & Money Markets Group was where she started her career.

5. She began working for Ecobank Nigeria in the Institutional Banking Group in 1994 as a Relationship Manager (1994 – 2005).

6. Yetunde Oni began working for Standard Chartered Bank Nigeria in January 2005, where she was assigned to the Local companies division as a Senior Account Relationship Manager.

7. She was then moved to the Apapa Branch, where she took on the dual duties of developing the bank’s local corporate portfolio in the Apapa and Ogun State Region, in addition to her role as Head of the Wholesale Banking Branch.

8. She was named Head of Local Corporates in May 2010.

9. She joined Standard Chartered Bank in 2014 as the Managing Director and Country Head of Commercial Banking in West Africa. (2014 – Jan 2021).

10. She served as the first female Managing Director and Chief Executive Officer at Standard Chartered Bank in Sierra Leone prior to her managerial job with Union Bank. She assumed this role in January 2021.