The appointment of Moruf Oseni as the managing director/CEO of Wema Bank, has been approved the Central Bank of Nigeria (CBN).
According to a statement released by the bank over the weekend, Wole Akinleye was also appointed as deputy managing director (DMD), and Tunde Mabawonku as executive director (ED).
The appointment according to CBN takes effective from April 1, 2023.
Oseni, having served in acting capacity since January 1, 2023, will succeed Ademola Adebise.
Before his appointment as MD/CEO, Oseni served as deputy managing director for the last four years.
While in the position he had demonstrated the capacity to lead the bank to even greater heights, as it continues to evolve into a financial powerhouse.
With over 25 years of experience, including more than 16 years at senior to executive management levels, Oseni was the MD/CEO 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.
Oseni’s credentials speak for themselves, with a Master’s in Finance (MIF) from the London Business School and a B.Sc. in Computer Engineering from Obafemi Awolowo University (OAU).
He is also an alumnus of the Advanced Management Program (AMP) of the Harvard Business School and King’s College, Lagos.
The board, in the statement, said, it was confident that these new appointments would be crucial to the continued transformation and growth of the bank.
Also, it says the bank will continue to position itself as a market leader in Nigeria’s banking industry through technology and innovation.
