The Central Bank of Nigeria appointed new executive directors to oversee the operations of the deposit money banks, just hours after the financial regulatory body had dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank, and Polaris Bank due to purported violations of corporate governance and regulatory noncompliance.
The appointment is effective immediately, according to a statement released on Thursday morning by Sidi Hakama, the interim director of corporate communications. The announcement states that Union Bank has named Yetunde Oni, the first female CEO of Standard Chartered Bank in Sierra Leone, as its new CEO. Yetunde Oni, the recently appointed MD and CEO of Union Bank, brings to the forefront her extensive 25-year career in the banking sector.
