CBN approves Etuh as Unity Bank’s Chairman

THE Central Bank of Nigeria has approved the appointment of Thomas A. Etuh and Alhaji Aminu Babangida as Chairman and Vice Chairman of the of Unity Bank Plc respectively. 

 According to a statement from the bank, signed by the Unit Head, Internal Communications and Brand Management, Ms. Ogechi Umez-Eronini, the approval was contained in a letter to the lender signed by CBN’s Director of Banking Supervision.

  She explained that the two new appointments followed the resignation of the former Chairman, Alhaji Lamis Shehu Dikko, who left to pursue his political aspirations.

  Etuh, appointed Pioneer Vice-Chairman of Unity Bank Plc on April 22, 2014, has varied experience gained from over two decades of contribution to the public and private sectors of the economy, especially the agriculture sector of the economy. 

  An astute businessman and entrepreneur, Etuh has served as a director in several companies in Nigeria and has chaired a number of board committees in Unity Bank, including Finance and General Purpose Committee and Board Governance and Nominations Committee, among others.

   He studied Management, Banking and Public Administration at Ahmadu Bello University, Zaria, Abubakar Tafawa Balewa University, Bauchi and University of Jos respectively. 

  He also holds a Post Graduate Diploma in Management from the Abubakar Tafawa Balewa University and is currently pursuing an MBA from the Business School, Netherlands. 

  He has attended several local and international trainings and is an alumnus of the prestigious London Business School, University of Navarra, Barcelona, Spain, and the Lagos Business School.

 Etuh is a member of the Institute of Directors (IoD) and the Bank Directors Association of Nigeria (BDAN).

  The new Vice Chairman, Babangida, is an entrepreneur, a co-founder/Chief Executive Officer of Phoenix Energy and Team Member of the El-Amin International School, Minna. 

  He has also worked on the trading floor of Trafigura BV, London.

  Babangida was appointed to the board of Unity Bank Plc in 2011, where he has held chairmanship and membership positions in a number of board committees including Credit Committee, Audit Committee, Information Technology and Strategy Committee, among others. 

  He attended Regents Business School, London and Westminster Business School London where he obtained Bachelor of Ast in International Business and Masters in International Business Management respectively. 

  He is knowledgeable in the field of oil exploration and a member of IoD and BDAN and has attended various local and international courses.