Union Bank has appointed Mr. Emeka Anthony Ogbechie and Mr. Paul Kokoricha as non-executive directors of the bank.
In a statement released on Tuesday, September 8, 2020 through the Nigerian Stock Exchange, the lender said effective from 27th May 2020, Mr. Emeka Anthony Ogbechie will replace Mr. Dick Kramer who retired from the Board in September 2019.
While, Mr. Paul Kokoricha appointment commenced on August 28, 2020 after replacing Mr. Cyril Odu who passed on in September 2019.
According to the bank, “Mr. Ogbechie holds a Bachelor of Arts degree in Business Administration from American Intercontinental University, and a Master of Science Degree in Management from the London School of Economics. He is also a member of the Institute of Chartered Accountants in England and Wales (ICAEW) and holds an MBA (Strategy and Finance) from INSEAD.
“He is currently the Chief Finance Officer of Capital Alliance Nigeria, a position he has held since 2019. Before joining Capital Alliance Nigeria, Mr. Ogbechie had held positions in several local and international organizations including Equity Bank Kenya Limited; UBA Capital Plc. Lagos; Credit Suisse London; Deloitte London; and Ernst & Young, London.”
While Kokoricha, “is a Partner at African Capital Alliance, a private equity investment management firm. He joined African Capital Alliance in 2002 as the Chief Financial Officer, before making a transition to Fund Manager role in 2004. He has extensive experience in private equity investment management as well as in business turnarounds, transformation, and re-organization.
“Before joining African Capital Alliance, Mr. Kokoricha worked with Liberty Bank Plc for eight years as Group Head of Operations, with responsibility for Operations and Information Technology across the bank.
“Mr. Kokoricha also worked with Arthur Andersen & Co., providing accounting, consulting, and audit services to varied clients in financial services, oil and gas, construction, and manufacturing sectors.
“He is a Director of several companies, including Continental Reinsurance, Bankers Warehouse Limited, Fin Insurance and Swift Networks Limited. He is the Chairman of the Board of Private Equity and Venture Capital Association of Nigeria.
“Mr. Kokoricha holds a B.SC in Economics from the University of Nigeria, Nsukka and is a Fellow of the Institute of Chartered Accountants of Nigeria.”
