Yetunde Oni assumes the position of CEO at Union Bank, bringing with her a career spanning 25 years.
Known for her role in originating client solutions, managing teams, and talent development, Oni is recognized as a tenacious leader with a track record of navigating complex business decisions.
Hours after the Central Bank of Nigeria dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank and Polaris Bank over alleged corporate governance infractions and non-compliance with regulatory requirements, the financial regulatory body appointed new executive directors to oversee the affairs of the deposit money banks.
A statement by the acting Director of Corporate Communications, Sidi Hakama, on Thursday morning, said the appointment takes immediate effect.
According to the statement, Yetunde Oni, the first female CEO of the Standard Chartered Bank in Sierra Leone, was appointed Chief Executive Officer of Union Bank.
Yetunde Oni who replaces Mudassir Amray, the former CEO of the bank, assumes the position of CEO at Union Bank, bringing with her a career spanning 25 years.
Recognize for her role in originating client solutions, managing teams, and talent development, Oni is recognized as a tenacious leader with a track record of navigating complex business decisions.
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.