Unity Bank Appoints New Chairman, Director

Unity Bank Plc has appointed Hafiz Mohammed Bashir as the acting chairman of its Board of Directors.

Iyabo, one of the daughters of former President, Olusegun Obasanjo, was also appointed as a non-executive director.

The Central Bank of Nigeria new policy has led to the retirement of the Chairman of Unity Bank. The new appointments followed the retirement of Aminu Babangida as chairman of the Board of Directors and Dr. Oluwafunsho Obasanjo as a non-executive director.

A notice signed by the Company Secretary, Alaba Williams, on Friday said the retirement became effective on March 18, 2023.

The statement said, “This follows the expiration of their tenure as directors on the Board of the Bank and in compliance with the prescribed tenure for Non-Executive Directors under the Central Bank of Nigeria Code of Corporate Governance for Banks.”

Bashir, who is the new chairman of Unity Bank, was appointed to the board of the bank on November 21, 2017.

Bashir has profound experience in the public and private sectors, and holds a postgraduate diploma from Abubakar Tafawa Balewa University, Bauchi and a Master’s of Business Administration degree from the Business School of Netherlands.

programme at College of William & Mary, Williamsburg, Virginia, USA, Ms Obasanjo was previously Ogun State’s commissioner for health and the senator representing Ogun Central Senatorial District from June 2007 to June 2011.