TOMI SOMEFUN’s MAGIC WAND

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Highly cerebral banker Oluwatomi Somefun is not a greenhorn when it comes to the issue of finance and economics. She has been competing with her peers across the world putting her wide knowledge in corporate finance and economics to revitalize Unity Bank to an enviable height.

What comes as a big shock to many is how she has been able to thrive excellently in the male-dominated banking industry. Her dedication and ability to make fortune out of misfortune stand her out from the crowd.

Before her role as an executive director at Unity bank, She had a fantastic career with United Bank For Africa UBA group Trustee, UBA Plc, UBA Capital & Trustee Ltd, and was the Founding Managing Director/ CEO UBA Pension Custodian Ltd.

At a point, the graduate of Obafemi Awolowo University, OAU, was also a Non-Executive Director on the Boards of UBA Foundations, UBA Trustees, UBA Nominees, and UBA Registrars.

Ever since she assumed the role as the M.D and Chief Executive officer of Unity bank in 2015, she faced lots of sheer criticism, most especially for her strict decision that has, in the long run, helped restructure and increased the fortune of the bank.

Under her watch, the bank sold its non-performing legacy loans, and also relocated the corporate head office of the bank from Abuja to Lagos which is regarded as the commercial hub of Nigeria.

She also harnessed the deliberate focus on digital, retail, and commercial business as well as supporting the growth of the real sector of the economy through the bank’s participation in the Central Bank Nigeria (CBN) intervention funds to promote agri-business in Nigeria.

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