The Central Bank of Nigeria (CBN) has confirmed the appointment of Mrs. Yomi Somefun as the new Managing Director/Chief Executive Officer of Unity Bank Plc. This followed the resignation of Henry J. Semenitari last month. Somefun, who was the Executive Director responsible for Lagos and South West Regional Operations, and oversight on Treasury and Financial Institutions Division, was recommended by the board as the MD/CEO.

Prior to joining Unity Bank, she had a distinguished career with United Bank for Africa where she managed and sat on the board of several subsidiaries, including being the maiden CEO of UBA Pensions Custodian which she managed for eight years, as well supervising the South-West Region of the Bank.