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Union Bank appoints two new directors


Union Bank of Nigeria has announced the appointment of two new non-executive directors.

They are Emeka Ogbechie and Paul Kokoricha.

“This is to inform the Nigerian Stock Exchange (NSE), esteemed shareholders and other stakeholders of the following appointments to the Board of Directors of Union Bank of Nigeria Plc,” the bank said.


Ogbechie’s Profile

The disclosure said that Mr. Ogbechie is a seasoned finance professional with experience in Strategy and Corporate Planning; Portfolio Management and Benchmarking; Financial Reporting; Analytics and Tax planning; Treasury and Liquidity Management; and Cost Optimization.

He is currently the Chief Finance Officer of Capital Alliance Nigeria, a position he has held since 2019.

Before joining Capital Alliance Nigeria, Mr. Ogbechie had held positions in several local and international organizations including Equity Bank Kenya Limited; UBA Capital Plc. Lagos; Credit Suisse London; Deloitte London; and Ernst & Young, London.

Mr. Ogbechie holds a Bachelor of Arts degree in Business Administration from American Intercontinental University, and a Master of Science Degree in Management from the London School of Economics.

He is also a member of the Institute of Chartered Accountants in England and Wales (ICAEW) and holds an MBA (Strategy and Finance) from INSEAD.


Kokoricha’s Profile

Meanwhile, Mr Kokoricha is a Partner at African Capital Alliance, a private equity investment management firm. He joined African Capital Alliance in 2002 as the Chief Financial Officer, before making a transition to Fund Manager role in 2004.

He has extensive experience in private equity investment management as well as in business turnarounds, transformation, and re-organization.

Before joining African Capital Alliance, Mr. Kokoricha worked with Liberty Bank Plc for eight years as Group Head of Operations, with responsibility for Operations and Information Technology across the bank.

Also, he worked with Arthur Andersen & Co., providing accounting, consulting, and audit services to varied clients in financial services, oil and gas, construction, and manufacturing sectors.

He is a Director of several companies, including Continental Reinsurance, Bankers Warehouse Limited, Fin Insurance and Swift Networks Limited. He is the Chairman of the Board of Private Equity and Venture Capital Association of Nigeria.

Mr. Kokoricha holds a B.SC in Economics from the University of Nigeria, Nsukka and is a Fellow of the Institute of Chartered Accountants of Nigeria.


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