Oseni takes over as MD/CEO of Wema Bank  

Wema Bank has announced Moruf Oseni as the substantive Managing Director/Chief Executive Officer (CEO) following approval by the Central Bank of Nigeria (CBN) effective April 1, 2023. After serving in an acting capacity since January 1, 2023, Oseni will be succeeding Ademola Adebise.
 
Oseni’s journey with Wema Bank began in 2012 when he joined as an Executive Director. Before his appointment as MD/CEO, he served as 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.
 

In addition to Oseni’s appointment, the CBN also approved the appointments of Wole Akinleye as Deputy Managing Director and Tunde Mabawonku as Executive Director.     
 
Akinleye previously served as the Executive Director in charge of Corporate Banking and the South-West Business, while Tunde Mabawonku served as the bank’s Chief Finance Officer.
 
The board is confident that these new appointments will 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. All appointments are effective from April 1, 2023.