Union Bank of Nigeria Plc has announced that it had presented a new board after the $500 million capital infusion by the new investors as well as the accomplishment of all procedures necessary under the guidelines of the Central Bank of Nigeria. The bank announced three new directors--Mr. Dick Kramer, Dr. Yemi Osindero and Mr. Dickie Ulu, had already assumed their jobs in the board, whilst two directors Mr. Mansur Ahmed, and Chief Nike Akande, had been rehired for the new board.