Union Bank pledges deeper relationship with stakeholders

The incoming Chief Executive Officer of Union Bank of Nigeria Plc , Mr Emeka Okonkwo, has assured the capital market community of his determination to deepen stakeholders’ relationship as a move towards achieving his goal of growing the bank.

Okonkwo said this on Monday as the Nigerian Exchange Group Plc was honouring the outgoing CEO of the bank, Mr Emuka Emuwa, at its digital Closing Gong.

The occasion was also used to welcome the incoming CEO to the capital market.

Okonkwo said, “Over the past eight years, a significant amount of work has gone into building the Union Bank we see today, and I am glad to have been a part of this process. As we move ahead, our focus remains to create greater value for all our stakeholders, particularly our customers and shareholders.

“We have a clear vision to be Nigeria’s most reliable and trusted partner and we will continue to drive customer acquisition and channel optimisation through reliable channels and self-service platforms. We will also continue to provide compelling and innovative products to drive customer transaction growth and service delivery, while deepening our relationship with key stakeholders including NGX Group as we move towards our goal.”

The Divisional Head, Listings Business, NGX, Mr Olumide Bolumole, said, “It is my pleasure to welcome the CEO of Union Bank Plc, Mr Emeka Emuwa, to our digital closing gong ceremony as we pay tribute to his illustrious career at Union Bank. Under his leadership, Union Bank maintained steady operational momentum, which in 2020 resulted in the first dividend payment to investors and shareholders in over 10 years; ta remarkable milestone in the bank’s transformation and turnaround strategy.

“As the bank makes its transition to a new CEO, I reassure its leadership that NGX will remain its trusted business partner in achieving strategic business objectives.”

Emuwa remarked, “It is an honour to be here today to ring the Closing Gong as I step down. In 2012 when I joined the bank, the mission was clear to transform the bank, return it to the path of sustainable growth and profitability, and increase shareholder value. This involved the re-definition of our strategy, which resulted in robust investments in our protocols and platforms.

“Looking back, I am proud to see how far we have come and the progress we have made to transform Union Bank into a leading provider of financial services today. It has been a collective effort by many in the bank and what we have today is an institution that is properly positioned to compete favourably in the market and in the hearts of our customers.”

The incoming and outgoing CEOs had the honour of sounding the digital Closing Gong in the presence of the NGX executives, as well as Doyen of the Market, Sam Ndata, and other members of the stockbroking community.

Ehime Alex
Ehime Alex
Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

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