Union Bank Chairman, Cypril Odu, dies

Union Bank has announced the demise of the Chairman of its Board of Directors, Cyril Odu who passed on two days ago.

This was disclosed in a statement sent to the Nigeria Stock Exchange by the lender and signed by the Company Secretary, Somuyiwa Sonubi.

Cypril Odu reportedly passed on after a brief illness. He was described as an outstanding leader who brought a wealth of experience and intellect to his role as Chairman, the bank said in the statement.

“The entire Union Bank family mourns his loss. Our deepest sympathies go to the Odu family, his friends and colleagues. Funeral arrangements will be announced by the family.”

He was appointed in 2015 as the new chairman to replace the outgoing Chairman at that time, Senator Udo Udoma who left to serve as Minister of Budget and Planning.