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Wrong Barth Ebong?

Barth B. Ebong

Managing Director

Union Bank of Nigeria Plc

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Union Bank of Nigeria Plc

Stallion Plaza 36 Marina

Lagos, Lagos,23401

Nigeria

Company Description

Union Bank of Nigeria Plc was established in 1917 as Colonial Bank with its first branch in Lagos. In 1925, Barclays Bank acquired the Colonial Bank, which resulted in the change of the Bank's name to Barclays Bank (Dominion, Colonial and Overseas). Following ... more

Find other employees at this company (1,794)

Web References(64 Total References)


Union Trustees Limited - Board

www.uniontrusteeslimited.com [cached]

Mr. Barthlomew Bassey Ebong, Chairman
He graduated from University of Wisconsin where he obtained a B. Sc degree (Cum laude) in accounting (1977) and an MBA degree. He was Deputy General Manager, International Banking Department and Executive Director, Management Services. He is presently the Group Managing Director/Chief Executive Officer of Union Bank of Nigeria Plc and the Chairman of our Board.


The Board

www.unionbankng.com [cached]

Dr. Barthlomew Bassey Ebong, OON Group Managing Director/Chief Executive
He attended the University of Wisconsin, USA, where he obtained the B.Sc. degree (Cum Laude) in Accounting and later proceeded to the Graduate School of Business Administration, University of Minnesota, USA, where he obtained MBA with specialization in Finance and Management Information Systems. He subsequently qualified as Certified Public Accountant of the American Institute of Public Accountants. He joined the Bank in 1977 as Assistant Chief Accountant and, at various times, headed Finance Services, Corporate Banking and International Banking Departments. He was Executive Director, Management Services before his appointment as the Group Managing Director / Chief Executive in April 2006. Ado Abdullahi, Executive Director (Commercial Banking, North) He holds a B.Sc (Economics) from Ahmadu Bello University Zaria and M.Sc (Management and Technology) from the University of Wales Institute of Science and Technology, Cardiff, UK. He was a Director of Budget and Economic Planning, Kano State. Joined Union Bank in 1991.


Nigeria's Union Bank's MD, Gets Tenure Extension

smartnigerianinvestor.com [cached]

After several months of intrigues and high power play, the Central Bank of Nigeria (CBN) has finally approved the extension of tenure of the Managing Director of Union Bank of Nigeria Plc, Mr. Barth Ebong.
The 62 year-old chief executive of the bank was due for retirement on March 31, but, based on what the banks board described as his good performance and the need to take the bank through its post-consolidation challenges, they rooted for another two years for him. It was gathered that the banks board gave the managing director its backing to run the bank for the next two years due to the impressive performance of the bank during his tenure. The directors also cited the need to take the bank through the rigours of post-consolidation. A source from the apex bank told THISDAY that the approval of Union Banks proposal to allow Ebong stay till 2010 was given at a recent board meeting of the CBN in Abuja. The source explained that the apex bank approved the tenure extension because of the brilliant arguments of the board of the bank that by staying on the saddle for the next two years, Ebong would be able to effectively re-organise the bank in view of the emergent challenges in the industry. Ebong, who succeeded former managing director, Mr. Godwin Oboh in April 2006 was said to have clocked the banks retirement age of 60 the same year. However, the board was said to have amended the memorandum and articles of association, which then put the retirement age at 62, apparently to accommodate Ebong, who was most favoured to succeed Oboh. A source disclosed that already, the bank is looking inwards for a likely successor for Ebong, ruling out the possibility of an external candidate for the banks top job when his new tenure expires in 2010. His successor is likely to be from within. Remember that the subsidiaries and staff own a substantial chunk of the banks shares. So, attention will be focused on the directors of the bank in the next two years, the source said. Apart from Union Trustees, that holds 5.08 per cent of the banks shares, no other individual or corporate institutions hold more than five per cent of the banks shares, which is said to belong to Nigerian people. However, a source from the bank said members of the Union Banks board got wind of the approval on Friday, when Ebong hurriedly left a board meeting, to receive the news. A group of shareholders and a former director of the bank were said to have embarked on an intensive campaign to checkmate term elongation, which was championed by the board of the bank. The ambush laid by the group at the banks annual general meeting in Abuja late last year was, however, of no effect as the issue of term extension was not on the agenda of the meeting. Ebong joined the bank in 1977, when it was still Barclays Bank of Nigeria as a management trainee. His appointment was for a two-year term during, which he was expected to groom a younger person to take over from him. The two years he was granted expired on March 31, 2008. President, Progressive Shareholders Association of Nigeria (PSAN), Mr. Boniface Okezie had commended Ebong, for holding competition in the banking industry positively in favour of the bank. The bank, which some people thought was not making enough gains because of the silent but actively performing attitudes of Ebong, has continued to post impressive results, paying dividends and issuing dividends.


www.smartnigerianinvestor.com

After several months of intrigues and high power play, the Central Bank of Nigeria (CBN) has finally approved the extension of tenure of the Managing Director of Union Bank of Nigeria Plc, Mr. Barth Ebong.
The 62 year-old chief executive of the bank was due for retirement on March 31, but, based on what the bank's board described as his good performance and the need to take the bank through its post-consolidation challenges, they rooted for another two years for him. Read more...


theanalystng.com

After several months of intrigues and high power play, the Central Bank of Nigeria (CBN) has finally approved the extension of tenure of the Managing Director of Union Bank of Nigeria Plc, Mr. Barth Ebong.
Barth Ebong, Group Managing Director/Chief Executive (GMD/CEO) of Union Bank of Nigeria Plc has reassured the Federal Government of the bankÃÆ'ƒÆ’ÃÆ'‚¢ÃÆ'ƒÂ¢ÃÆ'¢â‚¬Å¡ÃÆ'‚¬ÃÆ


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