Unity Bank appoints acting CEO as Providus merger looms
- Ebenezer Kolawole has been appointed as the Acting Managing Director/CEO of Unity Bank.
- Kolawole succeeds Oluwatomi Somefun, who retired after a decade of leadership.
- The appointment was approved by the Central Bank of Nigeria during the bank’s 18th Annual General Meeting.
The leadership change at Unity Bank comes at a critical time, as the bank faces severe financial difficulties. Kolawole's extensive experience may provide the necessary expertise to navigate these challenges, but the road to recovery will require significant strategic planning and execution, especially with the impending merger.
