Wema Bank gets new Managing Director


Lagos, April 1, 2023 Wema Bank Plc. on Saturday confirmed the appointment of Mr Moruf Oseni as its substantive Managing Director and Chief Executive Officer with effect from April 1.

Oseni, who had been serving in acting capacity since Jan. 1, 2023, succeeds Mr Ademola Adebise, following approval by the CBN.

Oseni joined Wema Bank in 2012 as an Executive Director.

“He served as Deputy Managing Director in the last four years, a role where he demonstrated capacity to lead the bank to greater heights as it continues to evolve into a financial powerhouse.

“He has had more than 25 years of experience, including more than 16 years at senior and executive management levels.

“Oseni was the managing director of MG Ineso, a principal investment and financial advisory firm.

“He had also served as Vice-President at Renaissance Capital and was an Associate at Schroder Salomon Smith Barney/Citigroup Global Markets in London,’’ the bank stated.

Oseni has an MBA from the Institut European d’Administration des Affaires in France, a Master’s in Finance from the London Business School, and a B.Sc. in Computer Engineering from Obafemi Awolowo University, Ile-Ife, Osun.

He is also an alumnus of the Advanced Management Programme of the Harvard Business School and King’s College, Lagos.

Wema Bank added that the CBN also approved the appointments of Mr Wole Akinleye as Deputy Managing Director and Mr Tunde Mabawonku as Executive Director also with effect from April 1.

“Akinleye previously served as the Executive Director in charge of Corporate Banking and the Southwest Business of the bank, while Mabawonku served as the bank’s Chief Finance Officer.

“The Board is confident that these new appointments will be crucial to the continued transformation and growth of the bank as it positions itself as a leader in Nigeria’s banking industry through technology and innovation.

Gbenga Samson
Gbenga Samsonhttp://ThisDayLive.com
Samson Gbenga Salau [Editorial Board Adviser] Gbenga Samuel Salau is a professional journalist with over 17 years experience in journalism, he is a graduate of Communication and Language Arts, University of Ibadan. On completion of his youth service, he joined The Guardian as a freelance journalist and was later absorbed as a staff. While in the University, he was a campus journalist reporting for the Independence Hall and Faculty of Arts Press Clubs. As a campus journalist, he won the following awards; Independence Hall Press Best News writer; University of Ibadan Union of Campus Journalists’ Best News Reporter/Writer; First Runner-up, Reuben Abati Award for Investigative Journalism; Association of Faculty of Arts Students’ Press Best Reporter; University of Ibadan Union of Campus Journalists’ Best Political Writer; Winner, Reuben Abati Award for Investigative Journalism, and University of Ibadan Union of Campus Journalists’ Best Interviewer. He served the Association of Communication and Language Arts Students, as the Public Relation Officer, the same year he was appointed the News Editor of the Association of Faculty of Arts Students Press. The following session, he was made the General Editor, and a member of the 13-man University of Ibadan Students’ Union Transition Committee. As a reporter in The Guardian, in 2014, he won the Promasidor Quill Award Best Report on Nutrition and DAME Business Reporting category. In the 2015 edition of the Promasidor Quill Award, he won the best Report on Nutrition and Brand Advocate Categories, while in 2016, he won the NMMA Print Journalist of the Year, first runner-up Golden Pen Reporter of the Year and SERAs CSR Awards. Gbenga Salau loves traveling, reading, and listening to songs with good lyrics no matter the genre.

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