From finance expert to bank leader: Profile of Ebenezer Kolawole 

Ebenezer Kolawole (FCA) is a distinguished finance expert with over three decades of experience in Nigeria’s financial sector.

Recently appointed as the Acting Managing Director/Chief Executive Officer (MD/CEO) of Unity Bank Plc, he brings a wealth of expertise in banking operations, financial restructuring, regulatory risk management, and corporate leadership.

His appointment follows the retirement of Oluwatomi Somefun and has been approved by the Central Bank of Nigeria (CBN).

Profile overview

Name: Ebenezer Kolawole

Born: 14th March

Nationality: Nigeria

Tribe: Yoruba

Education: Obafemi Awolowo University

Marital status: Married

Career: Finance expert

Background

Born on March 14,  Ebenezer Kolawole developed a strong passion for finance and accounting from an early age.

His academic journey led him to Obafemi Awolowo University (OAU), Ile-Ife where he graduated with a First-Class Honours Degree in Accounting.

This solid educational foundation paved the way for his outstanding career in banking and finance.

To further sharpen his expertise, Kolawole has attended executive education programs at some of the world’s most prestigious institutions, including the Columbia Business School, New York and the Wharton School, University of Pennsylvania.

His exposure to international banking and financial strategies has given him a global perspective on corporate leadership and financial management.

Professional career

Kolawole began his professional career in 1992 at Caribbean Finance Limited, an affiliate of CFL in the Cayman Islands. This early experience provided him with insights into financial operations and management.

Key positions held

Over the years, Kolawole has played critical roles in various top-tier banks in Nigeria, demonstrating financial acumen and leadership skills.

Ecobank Nigeria 

Joined Ecobank Nigeria, where he worked in Operations and Finance

Rose to the position of Deputy Financial Controller, managing the bank’s financial reporting and regulatory compliance.

Standard Trust Bank (STB) / United Bank for Africa (UBA)

Moved to Standard Trust Bank (STB), where he played a vital role in financial restructuring

Was instrumental in the merger between STB and United Bank for Africa (UBA).

Held the position of Chief Financial Officer (CFO) at UBA, overseeing financial operations across multiple subsidiaries

Mainstreet Bank

Appointed as Group Chief Finance Officer (GCFO), where he spearheaded corporate transformation and financial strategy

Unity Bank Plc

Joined Unity Bank Plc in 2015 as Chief Financial Officer (CFO), leading the bank’s financial planning and investment strategies

Elevated to Executive Director of Finance, Operations, and Information Technology in 2018.

His leadership at Unity Bank significantly improved financial performance and operational efficiency.

In March 2025, Kolawole was appointed as Acting MD/CEO of Unity Bank, marking the beginning of a new era for the financial institution.

Family

Despite his demanding professional career, Ebenezer Kolawole is a devoted family man.

He is married with children and values family life, integrity, and work-life balance.

His ability to combine professional excellence with strong moral principles has earned him admiration both in and outside the banking industry.

Professional memberships

Ebenezer Kolawole is affiliated with numerous professional organizations, reflecting his commitment to excellence and professional development;

• Fellow, Institute of Chartered Accountants of Nigeria (FCA)
• Fellow, Institute of Credit Administration (FICA)
• Honorary Member, Chartered Institute of Bankers of Nigeria (HCIB)
• Associate Member, Nigeria Institute of Management (AMNIM)
• Member, Institute of Directors

These affiliations underscore his expertise in finance, corporate governance, and banking administration.