Unity Bank Appoints Williams for Strict Compliance with Regulatory Requirements

unity bank veritas assurance

By Modupe Gbadeyanka

Mid-level financial institution, Unity Bank Plc, has announced the appointment of Mr Adejumobi Alaba Williams as its new Secretary to replace Mr Mohammed Shehu.

A notice from the lender said the appointment of Mr Williams was approved at the meeting of the board held last month in Lagos. The appointment followed the exit of Mr Shehu from the position, with Mr Williams taking over effective from Wednesday, January 1, 2020.

“Unity Bank Plc wishes to inform the Nigerian Stock Exchange (NSE), its esteemed stakeholders and the general public that the meeting of the board of directors of Unity Bank Plc held on December 19, 2019 at Plot 42, Ahmed Onibudo Street, Victoria Island, Lagos, approved the appointment of Mr Adejumobi Alaba Williams as the Company Secretary to replace Mr Mohammed Shehu with effect from January 1, 2020,” a part of the statement from the bank said.

It was further stated that Mr Williams is expected to guide the company, especially the board, in ensuring strict compliance with regulatory and statutory requirements, which the lender has fallen short of in the past.

“As the Directorate Head, Company Secretary and Legal Services, Mr Adejumobi Alaba Williams will guide the board of Unity Bank Plc in ensuring strict compliance with regulatory and statutory requirements,” the notice, dated Friday, January 4, 2020, and signed by the Managing Director, Mrs Tomi Somefun, said.

Mr Williams holds a Bachelor of Laws from the Lagos State University (LASU) in 1989 and was called to the Nigerian Bar in 1990. He is also a holder of Master of Business Administration (MBA) from the Federal University of Technology, Akure (FUTA) in 2001. He joined Unity Bank in 2006 and has held several management positions during the period.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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