Wema Bank reiterates commitment to combating fraud

Wema Bank Plc has reaffirmed its commitment to combating fraud and protecting customers’ financial interests.

This was disclosed at a seminar hosted by Wema Bank to commemorate International Fraud Awareness Week 2024, themed ‘Share A Story, Stop A Scam’, which was held at the bank’s head office in Lagos.

The bank’s MD/CEO, Moruf Oseni, emphasised the importance of awareness in preventing fraud.
Oseni, who was represented by Executive Director of Retail and Digital Business, Tunde Mabawonku, noted that the increasing sophistication of fraudulent tactics requires a proactive approach to combating fraud.

“Fraud and scam are no longer news, and with each day, fraudulent tactics continue to evolve. As an institution, we have a role to play and this is why we remain unrelenting in our fight against fraud,” he said.

He noted that the bank’s efforts to combat fraud include educating customers on fraud prevention, adding: “We go a step further in ensuring that our customers are also equipped to complement the work we do in terms of maintaining their financial security, and we do this through awareness, information, and education.”