Wema Bank has a new MD/CEO: Moruf Oseni

Wema Bank Plc has appointed a new Managing Director to replace Mr. Ademola Adebise who will be commencing his terminal leave on January 02, 2023. The new MD/CEO is Mr. Moruf Oseni who was until now the Deputy Managing Director of the Bank.

Mr. Ademola Adebise who assumed office in 2018 following the retirement of Mr. Segun Olokotuyi will be proceeding on retirement after a meritorious service to the bank spanning almost 13 years. He has served as the Managing Director of Wema Bank for four and half years since June 2018

To support Mr. Moruf as the Managing Director, the bank also appointed Mr. Wole Akinleye as Deputy Managing Director and Mr. Tunde Mabawonku as Executive Director, respectively.

The new appointments are subject to approval of the Central Bank of Nigeria (CBN) and other regulators and will take effect from April 1, 2023, according to the Bank