Nigeria: Jumare Resigns From Union Bank Board

22 October 2020

Mrs. Furera Isma Jumare has resigned her role as Independent Non-Executive Director on the Board of Union Bank of Nigeria Plc. This followed her appointment as Director General of the Jigawa State Investment Promotion Agency.

This is in line with regulatory guidelines precluding certain categories of public servants from serving on boards of banks and other financial institutions.

Commenting on Jumare's resignation, Board Chair of Union Bank, Mrs. Beatrice Hamza-Bassey, said: "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."

Also commenting, Chief Executive Officer of Union Bank, Mr. Emeka Emuwa, said: "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."

More From: This Day

Don't Miss

AllAfrica publishes around 800 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.