Union Bank of Nigeria Plc (Union Bank) hereby notifies The Nigerian Stock Exchange (NSE), our esteemed stakeholders and the investing public of the retirement of an Executive Director, Mr. Adekunle Sonola, with effect from March 30, 2021.
Mr. Adekunle Sonola joined Union Bank in 2015 as an Executive Director in charge of the Bank’s Commercial Banking business.
He has more than 26 years of experience in the banking sector. Prior to joining Union Bank, he worked at Guaranty Trust Bank where he rose from being a member of the Corporate Finance Group to Divisional Head, Corporate Banking.
He left Guaranty Trust Bank as Managing Director, East Africa, where he successfully rolled out the franchise in Uganda, Rwanda and Kenya. He has also served as Director, Investment Banking Africa for Standard Bank of South Africa.
Mr. Sonola holds a Bachelor’s Degree in English from Ogun State University, Nigeria, an LL.B in Law from Obafemi Awolowo University, Nigeria and an MBA from Durham University Business School, Durham, United Kingdom.
The Board of Union Bank is thankful to Mr. Sonola for his years of service and his many accomplishments while at the Bank.
Established in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank is a household name and one of Nigeria’s long-standing and most respected financial institutions.
The Bank has a network of over 300 Sales and Service Centres across Nigeria.
Following recapitalisation in 2012 from new investors and a new Executive Management team, Union Bank has undergone an award-winning transformation programme to re-establish the bank as a leading provider of financial services in Nigeria.
Union Bank is focused on Retail, Commercial and Corporate Banking businesses. In addition to standard current and savings product portfolio, Union Bank has launched pioneering products into the Nigerian retail market including Union Korrect, Union Goal and Union Betta.