2017-05-16-PHOTO-00000054Unity Bank said Mr. Abubakar Abba Bello has resigned as a member of the board and Executive director of Unity Bank plc.

The bank said Abba Bello will be going on National Assignment, following his recent appointment as the new Managing Director of Nigerian Export-Import Bank (NEXIM) by the President of the Federal Republic of Nigeria in April 2017.

Mr. Abubakar has been an Executive Director of North East & North West at Unity Bank Plc since July 2015 and served as its Executive Director of Corporate & Commercial Banking since January 9, 2014. Mr. Bello has been an Executive Director at Unity Bank Plc since January 9, 2014.

Company Information

Unity Bank is a large financial services provider in Nigeria. Headquartered in Abuja, Nigeria’s capital, Unity Bank also maintains an operations base on Victoria Island, in Lagos, Nigeria’s commercial capital. As of December 2012, the bank’s total assets were valued at about USD2.45 billion (NGN:396 billion), with shareholders’ equity of approximately USD322 million (NGN:51.5 billion).


The Nigerian Export-Import Bank (NEXIM) was established by Act 38 of 1991 as an Export Credit Agency (ECA) with a share capital of N50, 000,000,000 (Fifty Billion Naira) held equally by the Federal Ministry of Finance Incorporated and the Central Bank of Nigeria. The Bank which replaced the Nigerian Export Credit Guarantee & Insurance Corporation earlier set up under Act 15 of 1988.

The Bank presently provides short and medium term loans to Nigerian exporters. It also provides short term guarantees for loans granted by Nigerian Banks to exporters as well as credit insurance against political and commercial risks in the event of non-payment by foreign buyers. The Bank is also the government’s National Guarantor under the ECOWAS Inter-state Road Transit programme.