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Union Bank Nigeria Plc announces Emeka Okonkwo as incoming CEO

This follows after incumbent CEO, Mr Emeka Emuwa, decided to retire from the office by 31st March 2021.

Ola Olaoluwa
Ola Olaoluwa

Union Bank Nigeria Plc has disclosed the retirement of its incumbent CEO and the imminent resumption of Mr Emeka Okonkwo as its incoming CEO, come 2021.

This follows after incumbent CEO, Mr Emeka Emuwa, decided to retire from the office by 31st March 2021, when he is expected to step down from the bank's board, closing the curtains on his 8 fruitful and meritorious years of service with the bank, according to a press release the bank sent to the Nigerian Stock Exchange.

Image Source: Nairmetrics

The newly appointed CEO, Mr Okonkwo, has 30 plus years of experience in banking. He joined Union Bank in 2013 as an Executive Director, and has held the role until his recent appointment.

Before joining the bank, he had held leadership positions at Citibank, such as Executive Director and Head of the Corporate and Investment Banking Division in Citibank Bangladesh, amongst others.

He is an alumnus of the University of Nigeria, Nsukka and the University of Lagos, where he obtained a Bachelors and Master’s degree in Civil Engineering and Construction Management respectively. He also has an MBA from Warwick Business School, UK.

Nigeria In Focus:

Population: 206.6 million (Compared to South Africa's 59.6 million)

GDP: $504.57 billion (Compared to South Africa's $369.85 billion)

GDP Per Capita: $2,465 (Compared to South Africa's $6,193)

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Ola Olaoluwa

Writer | Economist | Actor | Fashion Entrepreneur