Aminu Babangida appointed Chairman Unity Bank

The Board of Directors of Unity Bank Plc has appointed Alhaji Aminu Babangida (the erstwhile Vice Chairman of the Board) as the Chairman of the board of the Bank. Following the retirement of Mr. Thomas A. Etuh as Chairman of the Board.

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

Mr. Thomas A. Etuh has been the Chairman of Unity Bank Plc since January 23, 2015 and has been its Non-Executive Director since March 18, 2011. Mr. Etuh served as a Vice-Chairman at Unity Bank Plc since April 22, 2014 and served as its Interim Chairman of the Board. Mr. Etuh studied Management, Banking & Public Administration from Ahmadu Bello University and University of Jos.

About the bank

Unity Bank commenced Operations in January 2006 following the Merger of Nine Financial Institutions with Competences in Investment, Corporate and Retail Banking. Today, Unity Bank is one of Nigeria’s leading Retail Banks with 240 business offices spread across the 36 States and Federal Capital Territory. It is Nigeria’s 7th largest bank by business locations.

Unity Bank is one of the largest employers of labour in Nigeria and a major contributor to its gross domestic product (GDP). The Bank employs over 2,000 people.

Unity Bank is a large financial services provider in Nigeria. Headquartered in Abuja, Nigeria’s capital, Unity Bank also maintains an operations base on Victoria Island, in Lagos, Nigeria’s commercial capital. As of December 2012, the bank’s total assets were valued at about US$2.45 billion (NGN:396 billion), with shareholders’ equity of approximately US$322 million (NGN:51.5 billion).

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