Who is the owner of Atlas Mara bank?
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Who is the owner of Atlas Mara bank?
Atlas Mara was formed by Bob Diamond, Founder of Atlas Merchant Capital LLC and Ashish J. Thakkar, Founder of Mara Group Holdings Limited, both of whom are directors. The company’s CEO is John Vitalo, Arina McDonald is CFO and the Board is chaired by Arnold Ekpe.
Who is the owner of Union Bank in Nigeria?
Ownership
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | Union Global Partners Limited | 65.5 |
| 2 | Other Investors | 9.6 |
| 3 | Atlas Mara Limited | 24.9 |
| Total | 100.00 |
Is Union Bank of Nigeria a good bank?
Is Union Bank of Nigeria a good company to work for? Union Bank of Nigeria has an overall rating of 3.7 out of 5, based on over 334 reviews left anonymously by employees. 86% of employees would recommend working at Union Bank of Nigeria to a friend and 66% have a positive outlook for the business.
Which bank merged with Union Bank of Nigeria?
Titan Trust Bank
Titan Trust Bank (TTB) is acquiring a majority stake in the century-old Union Bank of Nigeria in what is touted as one of the biggest merger and acquisition transactions in Nigeria late last year.
Is Union Bank owned by government?
(UBN “the Bank” or “Union Bank”). In 1993, in line with its privatisation/commercialisation drive, the Federal Government divested by selling its controlling shares (51.67%) to private investors. Thus, Union Bank became fully owned by Nigerian citizens and organizations all within the private sector.
Who founded Union Bank?
Seth Sitaram Poddar
Union Bank of India was established on 11 November 1919 in Bombay (now Mumbai) by Seth Sitaram Poddar. The bank’s corporate office was inaugurated by Mahatma Gandhi. At the time of India’s independence in 1947, the bank had four branches – three in Mumbai and one in Saurashtra in trade centres.
Which country owns Union Bank?
In 1993, in line with its privatisation/commercialisation drive, the Federal Government divested by selling its controlling shares (51.67%) to private investors. Thus, Union Bank became fully owned by Nigerian citizens and organizations all within the private sector.
What is new name for Union Bank?
Titan Trust Bank Limited
Union Bank of Nigeria Plc has notified the Nigerian Exchange Limited (NGX), Securities and Exchange Commission (SEC) and other stakeholders of changes in its board and the completion of the sale and transfer of 93.41 per cent of its issued share capital to Titan Trust Bank Limited.
Who owns the Mara Group?
Ashish J. Thakkar
Mara Group
| Type | Private limited company |
|---|---|
| Founder | Ashish J. Thakkar |
| Headquarters | Dubai , United Arab Emirates |
| Area served | Africa, Middle East and Indian Sub-Continent |
| Key people | Jagdish Thakkar, Chairman Ashish J. Thakkar Founder and CEO |
Who is the new owner of Union Bank?
After the takeover of Union Bank, the bank appointed new directors to its board and a new chief executive officer. The new CEO is Titan Trust Bank’s managing director, Mudassir Amray, while the directors are Farouk Gumel, Andrew Ojel, Abubakar Mohammed and Lawrence Mackombo. Mr Gumel is the chairman.
Which Nigeria bank is in London?
the First Bank of Nigeria
Our History. FBN Bank UK has been operating in the United Kingdom since 1982 as the London Branch of the First Bank of Nigeria (FBN) Plc.
Is Union Bank a safe Bank?
Union Bank deposits are FDIC insured. If Union Bank went out of business, you wouldn’t have to worry about your funds. FDIC insurance covers each deposit account up to $250,000 per account.
