The Board of Unity Bank Plc has announced the appointment of Ebenezer Kolawole (FCA) as the Acting Managing Director/Chief Executive Officer following the retirement of Mrs. Oluwatomi Somefun who has completed her tenure as MD/CEO.
The appointment was announced at the Bank’s 18th Annual General Meeting, AGM, held in Lagos on Wednesday, after securing necessary approval from its primary regulator, the Central Bank of Nigeria, CBN.
Kolawole is a seasoned and consummate Banker with over three
decades of industry experience. He began his financial services career at
Caribbean Finance Limited (an affiliate of CFL in Cayman Island) in Kaduna in
1992. He later joined Ecobank where he worked in various departments of the
Bank, both Operations and Finance suites and rose to the position of Deputy
Financial Controller. He moved to Standard Trust Bank (STB) and worked at various
strategic areas including Operations, Regulatory Risk Management and Finance
suites and played a pivotal role in the STB/UBA merger. Post-merger, he served
as Chief Financial Officer (CFO) of the United Bank for Africa. He moved to
Mainstreet Bank as the Bank’s Group Chief Finance Officer (GCFO) and actively
drove the turnaround and transformation initiatives of the Bank. He had a brief
stint at Globacom, a foremost and Nigeria’s leading Indigenous
Telecommunication giant, where he served in various capacities for corporate
business development.
He joined Unity Bank
Plc as Chief Financial Officer, CFO in 2015. He was later, in February 2018,
appointed the Executive Director to oversee Finance, Operations and Information
Technology, where he played a key role in the Bank’s strategic transformation
and cost optimization initiatives which enhanced the Bank’s performance and
market feasibility.
In line with the Bank’s succession and business continuity
plans, Kolawole is saddled with the primary responsibility of finalizing the
Bank’s ongoing corporate programmes and other strategic business initiatives of
the institution.
He holds a First-Class (Hons) Degree in Accounting from
Obafemi Awolowo University (OAU), Ile-Ife. He has participated in several
management/executive education programmes at Columbia Business School, New
York, USA and The Wharton School of the University of Pennsylvania,
Philadelphia, USA.
Kolawole is a member of several professional bodies including
a Fellow of The Institute of Chartered Accountants of Nigeria (FCA); a Fellow
of the Institute of Credit Administration, (FICA), an Honorary Member of the
Chartered Institute of Bankers of Nigeria (HCIB), Associate Member of The
Nigeria Institute of Management (AMNIM); Member of the Institute of Directors
etc.
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