Governance

We are committed to the highest standards of corporate governance, ensuring transparency, accountability, and ethical decision-making in all aspects of our operations. Our governance framework aligns with global best practices and regulatory requirements, reinforcing stakeholder confidence and long-term business sustainability.

Union Bank is committed to the highest ethics and transparency in doing business.

Our governance framework aligns with global best practices and regulatory requirements, reinforcing stakeholder confidence and long-term business sustainability. We conduct regular reviews and submit reports as part of compliance with the Code of Corporate Governance for banks, as mandated by the Central Bank of Nigeria (CBN). Furthermore, a Board appraisal by an independently appointed consultant is also submitted to the CBN and presented to shareholders at the Annual General Meeting.

Governance Structures

The Board of Directors is composed of executive and non-executive members. Together, they perform oversight functions through the following committees:

Our Communication Policy

At Union Bank, we uphold a robust communication policy that delineates the principles and protocols governing communication within our institution. This policy encompasses guidelines for the responsible use of our communication facilities, articulates our expectations for representing the bank in media and interactions with external stakeholders, and addresses various pertinent matters. We are committed to transparency and accountability and encourage all stakeholders to familiarise themselves with our communication policy. For a detailed copy of this policy, please get in touch with the Corporate Communications and Marketing Department at inquiries@unionbankng.com.

Obligation to report suspicious transactions to NFIU

Certificate of Incorporation