Senator Udoma Udo Udoma, Chairman
Senator Udoma is currently the Senior Partner of Udo Udoma and Belo-Osagie, a corporate law firm, established by him in 1983. He is currently Chairman of UAC of Nigeria PLC and a Director of Unilever Nigeria PLC and is Japan’s Honorary Consul in Lagos.
As a two term Senator of the Federal Republic (1999 – 2003 & 2003 – 2007), he served in a leadership position on a number of Senate committees. In addition, he at various times served as Special Adviser to the Minister of Petroleum and Mineral Resources; Non-Executive Chairman of the Securities and Exchange Commission (SEC); and Chairman of the Federal Government Task Force to promote the passage into law of the Petroleum Industry Bill (PIB).
Senator Udoma is a lawyer by training, a seasoned Politician and accomplished Legal Consultant. He is a recipient of the national award of CON
Emeka Emuwa, Group Managing Director/Chief Executive
Emeka Emuwa is the Group Managing Director and Chief Executive Officer. He joins Union Bank Nigeria PLC after 25 years with Citigroup. He began his banking career in 1986 as a Management Associate with Citibank Nigeria Limited and eventually rose through the ranks to become its first Nigerian Managing Director and Chief Executive Officer. During his career with Citi, Mr. Emuwa held various senior positions within and outside Nigeria including assignments as Country Officer and Country head in Cameroon where he had regional responsibility for the bank's Central African businesses in Gabon and Congo. He was also Country Officer for Citi in Tanzania, Ghana and Niger. Prior to his external and regional roles, Mr. Emuwa held several operational and client facing roles in Nigeria. He was appointed Country Officer and Managing Director in 2005 and held the position until his departure in 2012. Mr. Emuwa is a graduate of Finance from the University of Lagos and holds an MSc. in Management from Purdue University's Krannert School of Management. He is Chairman of the Nigeria-Portugal Friendship and Business Association and was until recently a director of the American Business Council, Accion Microfinance Bank Nigeria and former Chairman of Junior Achievement Nigeria.
Adekunle M. Adeosun, Executive Director
Mr Adekunle Adeosun holds a Bachelor of Business Administration in Public Accounting from Baruch College,
New York and a Master of Business Administration from Pace University, New York.
He also attended the prestigious Ivy League school, Columbia University in New York, where he studied Software Development.
Mr Adeosun is an international professional banker with over 21 years cognate experience.
He was a Director, Group Treasury Sales with United Bank for Africa PLC (UBA).
He was, at various times, Divisional Head, Corporate Banking, UBA (2007-2009) and Regional Director,
Lagos (2006-2007). He had responsibility for business development in Manufacturing, Telecommunications
and Retail Banking between 2003 and 2005. Hitherto, Mr Adeosun garnered considerable experience working for Ecobank
Nigeria Ltd as Divisional Head, Commercial Banking Group, Branch Coordination and Wholesale Banking Group.
Mr. Adeosun played a top management restructuring role in the then National Bank of Nigeria
as General Manager, Performance Management, Information Technology and Operations; Group Head,
Commercial / Consumer and Private Banking (2000-2003). Prior to joining National Bank,
he had banking exposure in the United States of America (USA) working for
Bankers Trust Company, New York as Vice President, Global Assets (1994-1999); Assistant Treasurer
(1990-1994) and Supervisor, Asset-Based Lending (1988-1990).
Mr Adeosun is in charge of Commercial and Retail Banking-South and Consumer Banking.
Mrs. Oyinkan Adewale, Executive Director/Chief Financial Officer
Mrs. Oyinkan Adewale, after obtaining a degree in French from the University of Ibadan in 1979, Oyinkan Adewale trained with Coopers & Lybrand (now part of PriceWaterhouseCoopers) and qualified as a Chartered Accountant, ACA, in May 1984. She has been a Fellow of the Institute of Chartered Accountants of Nigeria for almost 30 years.
She joined Nigeria International Bank / Citigroup in 1989 as Deputy Financial Controller and rose to the position of Citigroup Chief Financial Officer for the West African Cluster, with responsibility for 7 countries (Cote d’Ivoire, Senegal, Cameroon, Gabon, Congo, Ghana and Nigeria). She was appointed to the Board of Directors as an Executive Director in February 1998.
In 2004, Mrs. Adewale co-founded SIAO, a leading indigenous accounting firm.
From April 2006 to March 2007, Mrs. Adewale was jointly engaged by First Bank Nigeria Plc and Ecobank Transnational Incorporated, the two banking giants, as Business Combination Manager for the (now aborted) FBN/ETI merger.
Mrs. Adewale joined Renaissance Group in April 2007 as pioneer Managing Director, Chief Operating Officer for Africa. She was Executive Secretary to Renaissance’s Africa Advisory Board and a member of its Africa Management Board.
In August 2009, after the Central Bank of Nigeria intervened in the affairs of Oceanic Bank International Plc, she was appointed the bank’s Executive Director / CFO, with responsibility for all the bank’s 13 subsidiaries, the Risk Management Group, Finance Group and Strategic Planning.
In January 2012, after the acquisition of Oceanic Bank by Ecobank Transnational Inc (ETI), Mrs. Adewale joined ETI as Integration Manager for the merger of Oceanic Bank with Ecobank Nigeria; a position she combined with the role of ETI’s Group MIS Implementation Head.Towards the end of October 2012, she joined Union Bank of Nigeria PLc as
Executive Director/ Chief Financial Officer. For 6 years until mid-2010, she was a member of the Board of Management and Hon Treasurer, St Saviour’s School, Ikoyi, Lagos, Nigeria’s premier elite private British school. Mrs Adewale was educated at St Mary’s Private School, Lagos, Holy Child College,
Ibrahim Abubakar Kwargana, Executive Director
Mr Ibrahim Abubakar Kwargana holds Master Degree in Corporate Governance, Leeds Metropolitan University,
Leeds and Second Class Upper Division, Political Sciences, Bayero University, Kano. He has attended various
local and international banking courses in Oxford, Hong Kong, Cambridge and Warsaw.
He is a consummate banker with over 28 years working experience out of which 23 years are in banking.
His areas of expertise include personnel administration and industrial relations, internal audit,
banking operations, marketing and consumer relationship management. He has been Deputy General Manager and
the Chief Auditor, (2006-2007), all at First Bank of Nigeria PLC and later, General Manager,
Operations and Resources, FBN (Merchant Bankers) Limited, (2004-2005). He also worked for Nigerian
International Bank Limited, a subsidiary of Citigroup between 1993 and 2004, holding strategic
positions including Deputy General Manager and Head, Branch Operations.
He has responsibility for the Bank’s Commercial and Retail Banking – North and Public Sector Business.
Dr. Yemi Osindero , Non-Executive Director
Dr. Yemi Osindero is a dynamic and inspiring business leader, with several years of experience in international investment banking, foreign direct investment and venture capital, coupled with emerging market operational and business development experience. He is currently the Head of West Africa Private Equity, Standard Chartered Private Equity. Prior to this, co-founded Virgin Nigeria Airways in 2005 and was Chief Operating Officer and member of its Board of Directors. Before that, he was an Investment Manager with Virgin Management, the holding company of Sir Richard Branson, where he was responsible for financial advisory, M&A initiatives, strategy and new business initiatives for various existing Virgin Group companies globally, and the investment evaluation of numerous new ventures to extend the Virgin brand. He was previously an M&A and Corporate Finance Investment Banker with Hawkpoint Partners Limited and started his career with Goldman Sachs in the UK. He holds a B.Eng. (First Class Honours) in Chemical and Bioprocess Engineering from University of Bath, UK; and a Ph.D in Chemical Engineering from the same university.
He has played a number of leadership roles, including chairing the Board of Airline Representatives (BAR) in Nigeria and the Presidential Committee on Ticket Pricing. He is a Member, Nigeria Leadership Initiative; Member, Institute of Directors and is on the Advisory Board, “Top 30 Under 30” and The Future Awards, among others
Dickie Agumba Ulu , Non-Executive Director
Dickie Agumba Ulu is a management expert with over 30 years of professional/industrial experience, and is currently the Development Consultant to Global Utilities Management Company.
He trained in Marketing/Insurance; Risk Management; Human Resource Management and Organisational Designs; and earned a HND (Business Administration) from Farnborough College, Farnborough, Hants, UK; Diploma, Chartered Institute of Marketing, UK; Advanced Certificate (Human Resource Management) from London School of Economics, London; as well as post-graduate Marketing Management (Strategic Planning & Control for Crisis Management) from University of Greenwich, Business School, West Mailing, Kent, London, UK.
He was General Manager, UK, Nigeria Reinsurance Corporation, London; Managing Partner at DKU Associates, London; and Special Assistant to the Presidential Adviser on National Orientation and Public Affairs, among others. He had also undertaken many national assignments, including Member, Presidential Initiative on National Rebirth Campaign; Zonal Leader (North-West, South-South & South-East), Presidential Forum on Stewardship, Accountability and Youth Development; Chairman, Presidential Review Committee on Streamlining the Functions of Nigerian Film Corporation and the National Films & Video Censors Board; and Chairman, Sub-Committee “A”, Presidential Committee on the Restructuring of National Orientation Agency.
He is a member of professional and leisure associations.
Dr. (Mrs.) Akande (OON) , Non-Executive Director
Chief Dr. (Mrs.) Akande (OON),
attended Queen's School, Ede from 1958 to 1962 for her
secondary education. She was at the University Tutorial
College London, where she completed her 'A' level in 1964 and
subsequently attended University of North London (formerly
North Western Polytechnic London) from 1965 to 1968 where she
studied Accountancy. She completed her postgraduate programme
at the prestigious Harvard Business School, Boston, USA. Chief
Mrs. Akande also attended management courses at both Oxford
University, United Kingdom, and Institute for Management
Development in Lausanne, Switzerland.
She was the first woman
honourable minister of industry in the Federal Government of
Nigeria in December, 1997. At various times, Chief Mrs. Akande
was a director of both the National Insurance Corporation of
Nigeria, (NICON), and Nigeria Industrial Development Bank (NIDB),now
Nigeria Bank of Industry. In 2003, the prestigious national
honour of Officer of the Order of the Niger (OON) was bestowed
on her in recognition of her outstanding virtues and services
to the country.
Chief ((Mrs.) Akande is an
accomplished Management and Business Consultant as well as a
successful industrialist and seasoned administrator and
Accountant by training. She was appointed to the Board of
Union Bank in April, 2008.
Engineer Mansur Ahmed , Non-Executive Director
He holds a first degree in Mechanical Engineering from Nottigham University and a Masters degree in Industrial Engineering and Administration from Cranfield University. He also holds a postgraduate certificate in Investment Appraisal and Management of the Harvard Institute of International Development.
He started his working career as a Research Assistant with Epsom Research Laboratories, UK and later returned to Nigeria where he joined the Ahmadu Bello University as an Assistant Lecturer in the Department of Mechanical Engineering. He has worked in the Manufacturing industry in companies such as Dunlop Nigeria Industries Limited, Bgauda and Kaduna Textiles Limited. He is currently the Director General of the Nigeria Economic Summit Group (NESG). He joined the Board of the Bank as Non- Executive Director in October 2007.
Cyril Akporuere Odu
Cyril Akporuere Odu (representing Africa Capital Alliance), was until recently Vice Chairman of the Board of Mobil Producing Nigeria and CFO for Exxon Mobil Upstream Companies in Nigeria. He earlier served in a number of technical and management positions including Associate Geologist, Treasurer, Controller, Project Finance Director (Europe, Middle East and Africa), Country HR Manager and General Manager for Planning and New Business Development.
He was actively involved in developing and executing ExxonMobil business strategies in Nigeria, as well in as the implementation of several innovative funding and financing solutions, including the first upstream financing deal (the 1991 Oso Condensate field development) in Nigerian history. In 2008, he served on a presidential committee tasked with accelerating the expansion of Nigeria’s power infrastructure.
James Macarthur , Non-Executive Director
James Macarthur (representing the Richard Chandler Corporation), a chartered Accountant of Scotland and U.K joins the Board from the Singapore based Chandler Corporation where he is the Head of Investments. The firm is involved in holistic investments on global macro, socio-political, fundamental and technical analysis.
He has worked as financial advisor and in different capacities at Ernst and Young LLP, a firm specialising in Mergers and acquisitions, European Financial Services Group, U.K.
Macarthur is a director of over 25 investment companies across five jurisdictions, many of which are involved in idea generation, investment analysis, decision making and execution in India, Russia, Hong Kong, China, Australia, Singapore, Vietnam, U.S and Europe.
Douglas Tawanda Munatsi
Douglas Tawanda Munatsi (representing Africa Development Corporation) has been the Chief Executive Officer of African Banking Corporation (ABCH) as the founding CEO since 2000 where he has succeeded in creating the ABC Group operating in five countries.
He started his banking career with Barclays Bank of Zimbabwe in 1986 and held various positions with a number of financial institutions including Zimbabwe Banking Corporation (Zimbank), International Finance Corporation (IFC regional mission for Southern Africa, Harare; Heritage Investment Bank (HIB) and First Merchant Bank of Zimbabwe Limited where he served at different levels and portfolios.
John C. Botts
John C. Botts (representing Corsair Capital) is currently a senior advisor with Allen & Company, London, Corsair Capital, London, Director and Chairman of the United Business Media Limited and Botts and Company Limited, a London based corporate finance and private equity investment company founded in 1987 in association with Allen and Company in New York.
He had held management and business development positions with Citibank in New York, Johannesburg, Montreal, Casablanca/Middle East, Brussels and London. Botts was the Chief Executive of Citicorp Investment Bank and Business Manager for Citibank`s Global Investment Bank in Europe, Middle East and Africa.