Yetunde Oni has recently taken on the role of Chief Executive Officer at Union Bank, bringing over 25 years of valuable banking experience.
Her academic background includes an Economics degree from the University of Ibadan, Executive Training at Oxford University, and an MBA in Business Administration from Bangor University.
Notably, Oni has held various positions in different banks, making history as the first female Managing Director and Chief Executive Officer at Standard Chartered Bank in Sierra Leone.
Her appointment follows the Central Bank of Nigeria’s recent restructuring of Union Bank of Nigeria, Keystone Bank, and Polaris Bank, with new executive directors overseeing the affairs of these deposit money banks.
Yetunde Oni Biography
In a swift move by the Central Bank of Nigeria, the reins of Union Bank of Nigeria recently shifted. Yetunde Oni, a seasoned banking professional with over 25 years of experience, steps into the role of Chief Executive Officer, marking a historic moment as the first female CEO of Sierra Leone’s Standard Chartered Bank.
Early Years and Education Background
Yetunde Oni embarked on her journey by obtaining a degree in Economics from the prestigious University of Ibadan in 1991. This early academic foundation laid the groundwork for her future endeavors in the dynamic world of banking.
Yetunde Oni Career
CEO of Union Bank (2024)
Yetunde Oni has recently assumed the role of CEO at Union Bank, marking a historic moment as the first woman to hold this position in the bank’s history.
The announcement came following the Central Bank of Nigeria’s decision to dissolve the boards and management of three major banks, namely Union Bank, Keystone Bank, and Polaris Bank.
Prime Merchant Bank to Standard Chartered Bank
Yetunde’s foray into the world of finance began at Prime Merchant Bank’s Treasury & Money Markets Group.
Her commendable work ethic and dedication caught the eye of industry leaders, leading her to join Ecobank Nigeria’s Institutional Banking Group from 1994 to 2005, where she served as a Relationship Manager.
Standard Chartered Bank Nigeria
In January 2005, Yetunde Oni made a significant move to Standard Chartered Bank Nigeria, assuming the role of Senior Account Relationship Manager in the Local Corporations area.
Her journey within the bank saw her rise through the ranks, holding key positions such as Head of Local Corporates and, eventually, Managing Director and Country Head of Commercial Banking in West Africa.
Leadership in Sierra Leone
Notably, Yetunde Oni made history as the first female Managing Director and Chief Executive Officer of Standard Chartered Bank in Sierra Leone, a position she assumed in January 2021.
Prime Merchant Bank
Oni commenced her career at Prime Merchant Bank in the Treasury & Money Markets Group, where she honed her skills and laid the foundation for her remarkable journey.
Ecobank Nigeria (1994-2005)
Serving as a Relationship Manager in Ecobank Nigeria’s Institutional Banking Group, Oni contributed significantly to the bank’s success during her tenure from 1994 to 2005.
Standard Chartered Bank Nigeria (2005 Onward)
Joining Standard Chartered Bank Nigeria in 2005 as a Senior Account Relationship Manager, Oni’s career trajectory soared. Her roles ranged from managing the Local Corporations area to becoming the Head of Local Corporates in May 2010.
Managing Director and Country Head (2014-2021)
Recognizing her exceptional capabilities, Oni assumed the role of Managing Director and Country Head of Commercial Banking in West Africa for Standard Chartered Bank from 2014 to January 2021.
Yetunde Oni’s journey is a testament to resilience, continuous learning, and breaking barriers. Her ascent to the helm of Union Bank reflects not only her individual triumphs but also the progress of women in leadership within the banking sector.
As we witness this historic transition, we anticipate Yetunde Oni’s tenure will be marked by innovation, strategic vision, and a commitment to furthering the legacy of Union Bank on the financial landscape.