Union Bank has announced the resignation of Mrs. Furera Isma Jumare from its Board of Directors. The bank explained that her resignation as Independent Non-Executive Director follows her appointment as Director General of the Jigawa State Investment Promotion Agency.
The bank in a statement said: “This in line with regulatory guidelines precluding certain categories of public servants from serving on boards of banks and other financial institutions.
In her comment, Chairperson of Union Bank board, 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.”