Friday , June 14 2024

10 Things to Know About new Union Bank CEO Yetunde Oni

After a quarter-century in the professional arena, Yetunde Oni now stands at the helm of Union Bank as its CEO.

Widely acknowledged as a resilient leader adept at navigating challenging business decisions, Oni is renowned for her contributions to talent development, team leadership, and innovative client solutions.

In a swift move, the Central Bank of Nigeria dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank, and Polaris Bank due to alleged violations of corporate governance and regulatory noncompliance.

New executive directors were promptly appointed to oversee the deposit money banks’ operations, effective immediately, as announced by Sidi Hakama, the acting director of corporate communications on Thursday morning.

Yetunde Oni, the inaugural female CEO of Standard Chartered Bank in Sierra Leone, is set to assume the role of Union Bank’s CEO, succeeding Mudassir Amray.

With a rich 25-year career, Oni brings her tenacious leadership style to navigate complex business decisions and continue her impact in talent development, team management, and client solutions.

Here are 10 things to know about new Union Bank CEO Yetunde Oni

1. She bagged her first degree in Economics from the University of Ibadan in 1991.

2. She underwent Executive Training at Oxford University in 2016.

3. She obtained an MBA in Business Administration from Bangor University in 2020..

4. Oni started her banking journey with the Prime Merchant Bank Treasury & Money Markets Group from where she joined Ecobank Nigeria as a Relationship Manager in the Institutional Banking Group for 11 years (1994 – 2005).

5. In January 2005, Yetunde Oni joined Standard Chartered Bank Nigeria, assuming the role of Senior Account Relationship Manager in the Local corporations segment.

6. Transitioning to the Apapa Branch, she took on the dual responsibilities of Wholesale Banking Branch Head and adeptly undertook the origination and development of the Bank’s Local corporate portfolio in the Apapa and Ogun State Region.

7. The culmination of her achievements led to her appointment as the Head of Local Corporates in May 2010.

8. By 2014, she became Managing Director & Country Head of Commercial Banking in West Africa for Standard Chartered Bank. (2014 – Jan 2021) During her seven-year tenure, Oni played a pioneering role as the head of the Commercial Clients segment.

9. She crafted and executed the overall strategy for business growth, addressing strategic and tactical issues crucial to the segment’s development.

10. Before her Managerial appointment with Union Bank, she operated as the first female Managing Director and Chief Executive Officer at Standard Chartered Bank in Sierra Leone, a position she took in January 2021.

Check Also

Senegal Begins Oil Production with Promise of “Well Managed” Profits

Senegal has commenced oil production for the first time, with President Bassirou Diomaye Faye assuring …

Leave a Reply

Your email address will not be published. Required fields are marked *