Unity Bank Appoints Ebenezer Kolawole as Acting Managing Director/CEO

 Unity Bank Plc has announced the appointment of Mr. Ebenezer Kolawole as the Acting Managing Director and Chief Executive Officer, following the retirement of Mrs. Oluwatomi Somefun, who completed her tenure. 

The appointment was confirmed during the bank’s 18th Annual General Meeting held in Lagos on Wednesday, March 19, 2025, after receiving approval from the Central Bank of Nigeria (CBN). ​

Mr. Kolawole brings over three decades of banking experience to his new role. He began his career at Caribbean Finance Limited in 1992 and subsequently held positions at Ecobank, where he rose to the role of Deputy Financial Controller. He also played a pivotal role in the merger between Standard Trust Bank and United Bank for Africa (UBA), serving as Chief Financial Officer post-merger. 

His tenure at Mainstreet Bank as Group Chief Finance Officer involved driving turnaround and transformation initiatives. Before joining Unity Bank in 2015 as Chief Financial Officer, Mr. Kolawole had a stint at Globacom, focusing on corporate business development. 

In February 2018, he was appointed Executive Director overseeing Finance, Operations, and Information Technology at Unity Bank, where he played a key role in strategic transformation and cost optimization initiatives. As Acting MD/CEO, Mr. Kolawole is expected to finalize ongoing corporate programs and strategic business initiatives to enhance the bank’s performance and market presence.