Moruf Oseni as new Managing Director at Wema Bank

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Esther A

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Jul 28, 2022
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Moruf Oseni as new Managing Director at Wema Bank.

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Wema Bank plc. has reportedly gotten a new Managing Director.
This news was confirmed on Saturday, April 1, 2023.

The Bank itself has confirmed the appointment of Mr Moruf Oseni as the new Managing Director and Chief Executive Officer (CEO)

This change was to take effect from the 1st of April, 2023.

Mr Moruf Oseni who is succeeding Mr Ademola Adebise. Joined Wema Bank in 2012 and was serving as an Executive Director.
He has also been serving as acting MD since the beginning of this year, Jan 1st, 2033.

This change was approved by the Central Bank of Nigeria (CBN)

For the past 4 years, Mr Oseni has been serving as the deputy Managing director and has demonstrated his capacity to lead. Reports state he has more than 25 years of experience.

He was once a managing director of MG Ineso, which is a principal investment and financial advisory firm.

Wema Bank has also confirmed that Mr Wole Akinleye has been appointed as Deputy Managing Director as approved by the CBN.

They also listed Mr Tunde Mabawonku as the Executive Director. All these new offices also took effect from April 1.

The board has revealed their confidence in the newly appointed officers and they believe they will be beneficial to the growth of the bank.