Connect with us

News

Meet Newly Appointed Union Bank CEO

Published

on

Yetunde Oni, CEO Union Bank

Barely hours after the Central Bank of Nigeria dissolved the boards and managements of Union Bank of Nigeria, Keystone Bank and Polaris Bank over alleged corporate governance infractions and non-compliance with regulatory requirements, the financial regulatory body appointed new executive directors to oversee the affairs of the deposit money banks.

A statement by the acting Director of Corporate Communications, Sidi Hakama, on Thursday morning, said the appointment takes immediate effect.

According to the statement, Yetunde Oni, the first female CEO of the Standard Chartered Bank in Sierra Leone, was appointed Chief Executive Officer of Union Bank.

Advertisement

The PUNCH reports that as the new Chief Executive Officer and MD of Union Bank, Yetunde Oni brings her wealth of experience in the banking industry which spans over 25 years to the fore.

READ ALSO:BREAKING: CBN Sacks Boards Of Union, Titan Trust, Keystone, Polaris Banks

She replaces Mudassir Amray, the former CEO of the bank.

Advertisement

In this piece, The PUNCH highlights 10 things to know about Yetunde Oni.

1. Yetunde Oni bagged a degree in Economics from the University of Ibadan in 1991.

2. She underwent Executive Training at Oxford University in 2016.

Advertisement

3. She obtained an MBA in Business Administration from Bangor University in 2020.

4. She began her career with Prime Merchant Bank Treasury & Money Markets Group

5. In 1994, she joined Ecobank Nigeria as a Relationship Manager in the Institutional Banking Group (1994 – 2005).

Advertisement

READ ALSO: CBN To Launch Stablecoin February

6. In January 2005, Yetunde Oni joined Standard Chartered Bank Nigeria, assuming the role of Senior Account Relationship Manager in the Local corporations segment.

7. She was later transferred to the Apapa Branch where she was saddled with the dual responsibility of Wholesale Banking Branch Head and the development of the Bank’s Local corporate portfolio in the Apapa and Ogun State Region.

Advertisement

8. In May 2010, she was appointed Head of Local Corporates.

9. In 2014, she was appointed the Managing Director & Country Head of Commercial Banking in West Africa for Standard Chartered Bank, (2014 – Jan 2021).

10. Before her Managerial appointment with Union Bank, she operated as the first female Managing Director and Chief Executive Officer at Standard Chartered Bank in Sierra Leone, a position she took in January 2021.

Advertisement

News

University Suspends Students’ Union Over Controversial ‘Gender Swap Day’

Published

on

The management of Taraba State University (TSU), Jalingo, has suspended the Students’ Union Government (SUG) indefinitely following allegations of misconduct during the recently concluded 2025 Students’ Week celebration.

The decision came after photos and videos from the event’s controversial “Gender Swap Day” surfaced online, sparking outrage from members of the university community and the general public. The university said the activities violated its values, dress code, and moral standards.

In a statement signed by the Vice-Chancellor, Professor Sunday Paul Bako, on Tuesday, October 14, 2025, the management described the incident as “regrettable and disappointing,” noting that some students’ actions were inconsistent with the institution’s core principles.

Advertisement

READ ALSO:Nigerian-born Rwandan Varsity DVC Named Among World’s Top 2% Scientists

An emergency management meeting held on Monday, October 13 reviewed the incidents and blamed poor supervision and coordination by the current SUG leadership for the disorder that occurred during the week-long celebration.

As part of the resolutions reached, the SUG has been suspended indefinitely to pave the way for a complete restructuring of student leadership and representation. The university also announced plans to introduce a new framework promoting accountability, discipline, and inclusiveness among student leaders.

Advertisement

Students who were involved in actions that misrepresented the university’s image will face disciplinary action,” the statement read.

READ ALSO:Tinubu Under Fire Over Presidential Pardon For Drug Offenders

Those whose behavior involved criminal acts have been arrested and will be handed over to law enforcement for further investigation.”

Advertisement

In response, the SUG led by Victor Mishak Abednego, tendered an official apology to the university management, expressing regret over the embarrassment caused by the event and promising stricter adherence to university rules in future activities.

The university reaffirmed its commitment to academic excellence and moral integrity, warning that such conduct will not be tolerated in any future student-organized events.

Advertisement
Continue Reading

News

Fire Ravages Residential Building In Oyo

Published

on

Photo: File copy

Properties worth millions of naira have been destroyed in a fire incident that ravaged a residential building in Oyo, Oyo State.

The incident occurred at Aladota, Oke-Olola Area in Oyo around 9 am on Wednesday.

The chairman of the Oyo State Fire Service, Maroof Akinwande, confirmed the incident.

Advertisement

READ ALSO:Edo Assembly Commission Questions Clerk Over Alleged Age Falsification

In a statement made available to DAILY POST on Wednesday, Akinwande said that officers of the agency were immediately mobilised to the scene once they were informed.

“The fire incident was as a result of a spark from electricity which ignited combustible materials and set the room ablaze. No casualty was recorded. The agency was able to save properties worth millions of naira,” he said.

Advertisement

 

Continue Reading

News

Lagos Assembly Moves To Establish State-owned Railway Corporation

Published

on

Lagos State House of Assembly has commenced legislative work on a bill aimed at establishing a comprehensive legal framework for the creation, management, and operation of a state-owned railway corporation.

The proposed law, titled “A Bill for a Law to Establish the Lagos State Railway Corporation and for Connected Matters, 2025,” seeks to provide a structured foundation for an efficient rail transport system in the state.

Speaking during a one-day public hearing on the bill held on Wednesday in Lagos, the Speaker of the House, Rt. Hon. Mudashiru Obasa, said the initiative showcases the government’s commitment to modernizing transportation infrastructure and improving residents’ quality of life.

Advertisement

READ ALSO:Lagos Assembly Crisis: How Akande-led Panel Forced Meranda Out, Reinstated Obasa

Obasa, who was represented by the Deputy Speaker, Hon. Mojisola Meranda, said the establishment of the corporation would enhance mobility, reduce road congestion, and shorten travel time across the state.

This proposed legislation represents yet another bold and visionary step in the Lagos State Government’s continued efforts to improve the welfare and quality of life of its people,” he stated.

Advertisement

“Railway transportation remains a critical component of modern infrastructure. It ensures safe, cost-effective, and environmentally friendly movement of people and goods while driving trade, commerce, and economic growth,” he added.

READ ALSO:Lagos Assembly Crisis: How Akande-led Panel Forced Meranda Out, Reinstated Obasa

The Speaker also explained that Section 26 of the bill provides for the appointment of an Inspector of Railways, whose responsibilities would include conducting regular inspections of trains and tracks, offering professional guidance, and ensuring the safety and operational integrity of rail services.

Advertisement

In his remarks, the Chairman of the House Committee on Transportation, Hon. Temitope Adedeji, noted that the proposed corporation would play a vital role in easing the movement of people and goods within the state.

Adedeji, who represents Ifako-Ijaiye Constituency 1, described the bill as timely and necessary, given Lagos’s rapidly growing population and the increasing demand for a modern, reliable transport system.

With the state standing at a pivotal point in its infrastructural and economic development, there is an urgent need to establish a robust legal and institutional framework to regulate and operate railway services efficiently,” he said.

Advertisement
Continue Reading

Trending