Emeka Okonkwo is the Incoming CEO of Union Bank of Nigeria
The board of Union Bank of Nigeria on Monday announced the appointment of Emeka Okonkwo as the Chief Executive Officer of the bank following the retirement of Emeka Emuwa.
Mr. Chukwuemeka Okonkwo will resume as the bank’s CEO on April 1st, 2021, a day after Emuwa will resign his position after eight years with the bank.
The incoming Chief Executive Officer (CEO) is a seasoned professional with experience in Corporate, Commercial, Investment Banking and Treasury Operations.
Okonkwo joined Union Bank in 2013 as an Executive Director and the Head of Corporate Bank and Treasury.
Before joining the Bank, Okonkwo worked with Citibank between 1989 to 2013, where he lead several departments and held numerous positions.
“Mr. Okonkwo holds a Bachelor of Science (B.Sc) degree in Engineering (Civil Engineering) from the University of Nigeria, Nsukka; Master of Science (M.Sc) degree in Engineering and Construction Management from the University of Lagos and Master of Business Administration (MBA) from the Warwick Business School, United Kingdom,” Union Bank stated in a statement signed by Somuyiwa Sonubi, Company Secretary, Union Bank.
Speaking on his retirement, Emeka Emuwa said;
“I have enjoyed the significant challenge of leading Union Bank over the last eight years. I am extremely proud of the management team and what we have been able to accomplish during my time as CEO. Today, we have a strong bank that is well positioned to compete and deliver on its vision to be ‘Nigeria’s most trusted and reliable partner.’ With a clear strategic direction, a growing and loyal customer base and a strong brand, this is now the natural time for the next generation of leadership to take Union Bank forward and deliver further value.
“In over three decades of banking, my time at Union Bank has been one of the richest experiences in a long and fulfilling career with a treasure of work and life lessons to carry into the future. Together as a team, we scaled many hurdles and accomplished significant feats and I would like to thank my Executive team, senior management and every one of our employees for their integrity, support and hard work that have brought Union Bank to where it is today.
“I would also like to thank the Board for the opportunity to lead this storied institution that has impacted generations of Nigerians for over a century and for supporting our efforts and vision during my tenure.
“As we begin the transition into a new era of leadership under Emeka Okonkwo, a consummate professional with the right experience and values, I know that Union Bank will continue on its path as a values driven organisation that is deeply committed to our customers and the communities we serve.”