By Modupe Gbadeyanka
An independent non-executive director on the board of Union Bank of Nigeria Plc, Mrs Furera Isma Jumare, has resigned.
The reason for her resignation, which takes immediate effect, is due to her appointment as the Director-General of the Jigawa State Investment Promotion Agency.
Her resignation is also in line with regulatory guidelines precluding certain categories of public servants from serving on boards of banks and other financial institutions.
“Furera’s appointment is a clear acknowledgement of her experience and accomplishments in her long career including in her role as director with Union Bank.
“The board and management are grateful for her service and wish her the best in her new role,” Chief Executive Officer of Union Bank, Mr Emeka Emuwa, said.
Also commenting, the Chairman of the board of Union Bank, Mrs Beatrice Hamza-Bassey, stated that, “Since joining the board in May 2017, Furera has been an invaluable voice in the boardroom.
“Her experience and professional counsel directly contributed to our wins in recent years and in helping us navigate challenging times.
“She also served studiously as the chair of the board governance committee and member of the board audit and risk management committees.
“On behalf of the board, I thank her for her diligent service and wish her much success as she answers the call of service to her state.”
Aduragbemi Omiyale