Wema Bank Plc Appoints Two New Executive Directors


February 9, 2024.

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Azonuchechi Chukwu.

The board of Wema Bank has announced the appointment of Yusuf Kazaure and Segun Opeke as non-executive director and executive director respectively.

The bank said in a notice to Nigerian Exchange Limited (NGX) that the appointment of the addition of two new directors to its board was effective from February 2, 2024.

Wema Bank said it has received approval from the Central Bank of Nigeria to appoint the new directors, noting that the duo are strong leaders in their relevant sectors and will bring a wealth of experience and expertise to the Board of the Bank.

Wema Bank’s board said the addition of Kazaure and Opeke will significantly enhance the wealth of knowledge within the board of directors of the bank.

Kazaure is a seasoned professional with over thirty-five years of cumulative multi-sector working experience spanning Architecture, Construction, Banking, as well as Information and Communication Technology (ICT).

He is an experienced corporate and technology industry executive, focused on transformative outcomes and motivated by challenges.

He obtained a BSc and MSc in Architecture from the prestigious Ahmadu Bello University Zaria, Nigeria. He is also an alumnus of Bayero University Kano, Nigeria, and Oxford University, United Kingdom where he obtained an MBA and Diploma in Computing respectively.

He is currently pursuing a PhD in Cybersecurity at the Nasarawa State University, Keffi, Nigeria.

He started his career in public service in 1987 as an Architect in the Kano State Ministry of Works and Housing before moving into the banking sector where he worked for 10 years.

He served as the permanent secretary in the Ministry of Commerce and that of Urban & Regional Planning in Jigawa State and later became a Director General in charge of International and Governmental Affairs in the Executive Governor’s Office of Jigawa State between 1999 and 2002.

He was the pioneer managing director /CEO of Galaxy Information Technology and Telecommunication Ltd, the Jigawa State-owned ICT company in 2002, and later the CEO of Galaxy Backbone Ltd, a Federal Government owned ICT company in 2014 up until December 2019.

He was also the Chairman of the Board of Directors, of Nigeria Satellite Communications Ltd between January 2020 to June 2023 and a director of MAG Group Ltd, a multinational conglomerate with about eight subsidiaries/ affiliates that have a presence in over 20 countries.

Opeke is a result-oriented professional banker with over thirty-five years of working experience from leading Nigerian commercial banks.

He studied Banking and Finance at the University of Lagos and thereafter obtained an MBA from the same University of Lagos in 1999. He is also an alumnus of the Columbia Business School, New York, and the London Business School, United Kingdom.

He started his career at Chartered Bank Limited and played diverse strategic roles in various banking institutions including leading the consumer banking team in FSB International Bank before proceeding to Prudent Bank as an Area Manager.

Following the consolidation of Skye Bank in 2006, Segun worked as the bank’s Treasurer and Regional Director and later became the Group Head of Corporate Banking, Aviation, and Maritime group.

Upon Polaris Bank taking over the defunct Skye Bank in 2018, Opeke was made an executive director in charge of Lagos Business and Corporate Banking directorates until June 2023 when he retired from the Bank.

He has attended several professional, management, and leadership programs in world-class institutions including INSEAD and Euromoney, London.(www.naija247news.com).

Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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