Lagos, Nigeria - February 27, 2013, Lagos, Nigeria - Union Bank of Nigeria announced the appointment of Udoma Udo Udoma as its chairman in addition to new non-executive directors.
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Senator Udoma is currently the Senior Partner of Udo Udoma and Belo-Osagie, a corporate law firm, established by him in 1983. He is currently Chairman of UAC of Nigeria PLC and a Director of Unilever Nigeria PLC and is Japan’s Honorary Consul in Lagos. As a two term Senator of the Federal Republic (1999 – 2003 & 2003 – 2007), he served in a leadership position on a number of Senate committees.
In addition, he at various times served as Special Adviser to the Minister of Petroleum and Mineral Resources; Non-Executive Chairman of the Securities and Exchange Commission (SEC); and Chairman of the Federal Government Task Force to promote the passage into law of the Petroleum Industry Bill (PIB). Senator Udoma is a lawyer by training, a seasoned Politician and accomplished Legal Consultant. He is a recipient of the national award of CON.
Mrs. Oyinkan Adewale and Mr. James Macathur also joined the board both as executive and non-executive directors respectively.
Ms. Adewale however is the new executive director and chief financial officer of the bank. She graduated from University of Ibadan with B.A. French in 1980. She enrolled for ICAN Articleship with Coopers and Lybrand in 1981 and qualified as a Chartered Accountant in 1984.
She joined Citibank Nigeria in 1989 as Deputy Financial Controller and was at various times Financial Controller, Assistant General Manager, Deputy General Manager, and in 2001 she was appointed General Manager (Citigroup). In 2003 she set up OA Financial Consulting and became the Chief Executive and Founder, specialising in consultancy services in financial control systems and training and later in June 2004 founded SIAO Chartered Accountant and became founding partner.
Mr. Macarthur graduated from University of Nottingham, UK in 2001 with MEng (Hons.) in Chemical Engineering. Between 2002 and 2006, he worked with Ernst & Young LLP as Investment Management Audi, Assurance & Advisory Services. ■