A statement from the bank showed that the approval was contained in a letter from the central bank dated April 22, 2014. The letter was signed by the Director of Banking Supervision, Mrs. Tokunbo Martins.
The CBN also approved the appointment of Mr. Thomas Etuh as the pioneer vice chairman of Unity Bank.
“Collectively, Dikko and Etuh will be bringing in over 40 years of collective experience to the board of Unity Bank,” it added.
The board of directors of the bank had on March 27, 2014 forwarded the names of Dikko and Etuh to the CBN, following the resignation of the former chairman of the financial institution, Alhaji Numan Barau Danbatta. While awaiting the approval, Etuh had been serving as interim chairman.
“Dikko is a seasoned banker who has extensive banking experience and a strong background in the financial services sector.
“He was also an intricate part in the consolidation process that led to the establishment of the bank in 2006 and will bring to bear his many years of experience and wide contacts to the current re-organisation and rejuvenation of Unity Bank,” it added.
Dikko holds a B.Sc degree in Economics from Queen Mary’s College, University of London. He is an alumnus of the Harvard Business School for Management Development. He is currently the Chairman of the Infrastructure Bank and a Director of Legacy Pensions among others.
To take up his new appointment, he had to relinquish his position as a Director at Enterprise Bank.
He worked in the defunct Habib Nigeria Bank Limited for more than 14 years where he rose to the position of a General Manager.
On the other hand, Etuh was in 2011 appointed a Non-executive Director of the bank. He studied Management, Banking and Public Administration at the Ahmadu Bello University, Zaria; Abubakar Tafawa Balewa University, Bauchi and the University of Jos respectively.