CBN Confirms Babangida as Unity Bank Chairman

By Dipo Olowookere

The appointment of Mr Aminu Babangida as Chairman, Board of Director of Unity Bank Plc has been approved by the Central Bank of Nigeria (CBN).

This information was confirmed by the lender in a notice to the Nigerian Stock Exchange (NSE) and signed by its scribe, Mr Mohammed Shehu.

It was explained that the appointment of Mr Babangida as the bank’s new Chairman followed the retirement of the former Chairman, Mr Thimas Etuh.

According to Unity Bank, Mr Babangida, the erstwhile Vice Chairman of the board, took over the vacant position “in line with the bank’s succession plan policy.”

In the notice, the financial institution explained that the retirement of Mr Thimas Etuh as Chairman of the board was approved at an emergency meeting held on October 4, 2017.

Mr Aminu Babangida has been a Vice Chairman at Unity Bank Plc since June 23, 2015 and has been its Non-Executive Director since March 18, 2011.

He has BA in Business in 1993 and MA in Public Relations and Business Communications from European University of Monteux in 1994.