The new managing director/chief executive officer of Wema Bank Plc Moruf Oseni joined the bank in 2012 as an executive director.
Before his appointment as MD/CEO, he was the deputy managing director for the last four years, a role where he 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 has a rich curriculum vitae which covers an MBA from the Institut European d’Administration des Affaires (INSEAD) in France, a master’s degree 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.
He has been MD/CEO in acting capacity since January 1, 2023 after succeeding Ademola Adebise.
Following approval by the Central Bank of Nigeria (CBN), his tenure as substantive MD/CEO takes effect from April 1.
The board said it is confident that his appointment and those of Wole Akinleye as deputy managing director, and Tunde Mabawonku as executive director would be “crucial to the continued transformation and growth of the Bank as it positions itself as a market leader in Nigeria’s banking industry through technology and innovation.”
