Wema Bank CEO Moruf Oseni becomes fellow at CIBN

Moruf Oseni appointed MD:CEO of Wema Bank

Managing director and chief executive officer of Wema Bank Moruf Oseni has been awarded the fellowship of the Chartered Institute of Bankers of Nigeria (CIBN).

The investiture took place on October 26, 2024, in Lagos.

The CIBN fellowship, which is the highest cadre of membership the institute grants, is a hallmark of professional integrity, excellence and achievement.

Accepting the honour, Oseni expressed gratitude to the institute for acknowledging his impact, industry footprints and achievements.

“I am honoured by this recognition and I don’t take for granted the journey that has brought me this far. As an individual, my drive for excellence in every action, result and achievement has fuelled me to consistently exceed expectations and this passion for excellence continues to fuel my journey as a CEO of a Bank that is dearer to me than anyone can imagine. Long before becoming the CEO, I took passionate interest in the Wema Bank vision and poured myself into a personal mission of exceeding expectations, challenging limitations and aiming for the extraordinary; and with a force of knights aligned with this vision, we have gone on to exceed goal after goal. We are just getting started and there is no stopping us,” he said.

“The banking and financial services industry is a dynamic terrain and to keep the industry thriving, it is important that we all in our various roles and capacities, strive to maintain excellence and consistently raise the bar, innovating intentionally and strategically to expand our frontiers beyond the limits of banking into driving impact for the people we serve across various verticals. This is how we can collectively build the Nigerian financial services industry into a global force and this is how we can contribute significantly to accelerating economic growth in Nigeria. I receive this honour with gratitude for the acknowledgement and I take this opportunity to say thank you to everyone who has contributed in any way to bringing every vision to life, every dream to realization and every goal to fulfilment.”

Oseni spearheaded the launch of the digital bank ALAT.

Earlier in 2024, he launched yet another “first-of-its-kind” in the Nigerian banking industry, CoopHub, a digital solution tailored to the needs of cooperative societies and designed to empower cooperatives for optimal productivity.

Oseni, an MBA holder from Institut European d’Administration des Affaires (INSEAD) in France, a master’s holder in Finance (MiF) from the London Business School and a B.Sc. holder in computer engineering from Obafemi Awolowo University (OAU), Ile-Ife, Nigeria, is also an alumnus of both the King’s College in Lagos and the advanced management program (AMP) of Harvard Business School.