The Board of Unity Bank Plc has appointed Mr. Ebenezer Kolawole (FCA) as the Acting Managing Director/Chief Executive Officer following the retirement of Mrs. Oluwatomi Somefun, who has completed her tenure as MD/CEO.

The appointment was announced at the bank’s 18th Annual General Meeting (AGM) held in Lagos on Wednesday after securing approval from the Central Bank of Nigeria (CBN).

Mr. Kolawole is a seasoned banker with over three decades of experience in the financial industry. His career began at Caribbean Finance Limited in 1992 before joining Ecobank, where he held key roles in Operations and Finance, rising to the position of Deputy Financial Controller. He later moved to Standard Trust Bank (STB), contributing significantly to its merger with UBA, where he served as Chief Financial Officer. He also played a pivotal role in the transformation of Mainstreet Bank as Group Chief Finance Officer.

Kolawole joined Unity Bank Plc as Chief Financial Officer (CFO) in 2015 and was appointed Executive Director in 2018, overseeing Finance, Operations, and Information Technology. His leadership in strategic transformation and cost optimization initiatives significantly enhanced the bank’s performance and market position.

As Acting MD/CEO, he is tasked with finalizing the bank’s ongoing corporate programs and strategic business initiatives.

Kolawole holds a First-Class (Hons) Degree in Accounting from Obafemi Awolowo University (OAU) and has attended executive education programs at Columbia Business School and The Wharton School of the University of Pennsylvania. He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA), an Honorary Member of the Chartered Institute of Bankers of Nigeria (HCIB), and a member of other professional organizations.