Oseni takes over as Wema Bank substantive MD
Moruf Oseni has been appointed as the substantive managing director and chief executive officer of Wema Bank Plc, effective April 1, 2023.
According to a statement, Oseni will succeed Ademola Adebise after serving in an acting capacity since January 1, 2023, pending approval by the Central Bank of Nigeria.
According to the statement, Oseni joined Wema Bank in 2012 as an executive director.
He served as deputy managing director for the last four years prior to his appointment as MD/CEO, where he demonstrated the ability to lead the bank to greater heights as it continued to evolve into a financial powerhouse.
Oseni was the MD/CEO of MG Ineso, a principal investment and financial advisory firm, with over 25 years of experience, including more than 16 years at senior to executive management levels.
He was also a vice president at Renaissance Capital and a member of the Schroder Salomon Smith Barney/Citigroup Global Markets team in London.
"Oseni's credentials speak for themselves," according to the statement, "with an MBA from the Institut European d'Administration des Affaires in France, a Master's in Finance from London Business School, and a B.Sc. in computer engineering from Obafemi Awolowo University."
"He is also a graduate of Harvard Business School's Advanced Management Program and King's College, Lagos."
In addition to Oseni, the CBN approved the appointments of Wole Akinleye as deputy managing director and Tunde Mabawonku as executive director, according to the bank.
Akinleye was previously the executive director in charge of corporate banking and the South-West business, and Mabawonku was the bank's chief finance officer.
According to the statements, "the board is confident that these new appointments will be critical to the bank's continued transformation and growth as it positions itself as a market leader in Nigeria's banking industry through technology and innovation."
Leave A Comment