Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


CBN approves 4 directors for Unity Bank

26 February 2015, 15:23

Lagos - The Central Bank of Nigeria (CBN) has approved the appointment of four directors for Unity Bank Plc.

The bank said in a statement on Wednesday that three non-executive directors and one independent director were approved by the CBN.

It said that the non-executive directors are Mrs Yabawa Lawan Wabi, Dauda Iliya and Priya Heal, while Sam Okagbue is the independent director.

It said that Okagbue, is a legal professional and the Managing Partner and founding member of the law firm, George Ikoli & Okagbue (GI&O).

Also read: CBN gives 10 power firms N39.5bn loan

Okagbue holds an LL.B from University of Ife, Ile-Ife and an LLM from University of London, London School of Economics.

Wabi has three decades of experience in accounting and financial practice and rose through the ranks in the Borno State Civil Service before serving as Minister of Finance in 2010.

She also served on the Board of Mainstreet Bank (now Skye Bank) as a Non-Executive Director.

She holds a B.Sc in Accounting from the Ahmadu Bello University, Zaria and a member of the Institute of Certified Public Accountants of Nigeria.

Iliya is a veteran banker with cognate experience of over thirty years in branch operations, risk asset assessment, loan recovery, regulatory management, debt recovery, audit and inspection.

Iliya is a graduate of Ahmadu Bello University, Zaria and Honorary Senior Member (HCIB), Chartered Institute of Bankers of Nigeria (CIBN) and Fellow, Institute of Economists of Nigeria (INEN).

Heal is the Managing Director, Chronos Group, Dubai/Germany and co-founded Chronos Asset Management.

She has also served as the Managing Director, Filterinvest, Holland and Restructuring Consultant, Competition Authority, London, UK and a member of the World Economic Forum.

Heal holds a Law degree (LLB) from Kings College London and was called to the Bar in 1998.

She is an alumnus of Yale University, Connecticut, U.S. and the University of Passau, Germany. She is also a member of the Honourable Society of Lincoln’s Inn.

The statement said that the appointments would improve the bank’s board capacity and position it for greater achievements.

The News Agency of Nigeria (NAN) reports that CBN had in January approved the appointment of Thomas Etuh and Aminu Babangida as Chairman and Vice-Chairman of the Bank respectively.


Tags cbn

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...