Moruf Oseni Takes Over As The CEO Of Wema Bank Plc

<h4>Moruf Oseni Takes Over As The CEO Of Wema Bank<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a> <&sol;strong>reports that Wema Bank Plc hereby announces Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April 1&comma; 2023&period; After serving in acting capacity since January 1&comma; 2023&comma; Oseni will be succeeding Ademola Adebise&comma; following approval by the Central Bank of Nigeria &lpar;CBN&rpar;&period;<br &sol;>&NewLine;Oseni&&num;8217&semi;s journey with Wema Bank began in 2012 when he joined as an Executive Director&period; Before his appointment as MD&sol;CEO&comma; he served as Deputy Managing Director for the last four years&comma; a role where he demonstrated the capacity to lead the bank to even greater heights as it continues to evolve into a financial powerhouse&period;<br &sol;>&NewLine;With over 25 years of experience&comma; including more than 16 years at senior to executive management levels&comma; Oseni was the MD&sol;CEO of MG Ineso&comma; a principal investment and financial advisory firm&period; He had also served as Vice President at Renaissance Capital and was an Associate at Schroder Salomon Smith Barney&sol;Citigroup Global Markets in London&period;<br &sol;>&NewLine;Oseni&&num;8217&semi;s credentials speak for themselves&comma; with an MBA from the Institut European d&&num;8217&semi;Administration des Affaires &lpar;INSEAD&rpar; in France&comma; a Master&&num;8217&semi;s in Finance &lpar;MIF&rpar; from the London Business School&comma; and a B&period;Sc&period; in Computer Engineering from Obafemi Awolowo University &lpar;OAU&rpar;&period; He is also an alumnus of the Advanced Management Program &lpar;AMP&rpar; of the Harvard Business School and King&&num;8217&semi;s College&comma; Lagos&period;<br &sol;>&NewLine;In addition to Oseni&&num;8217&semi;s appointment&comma; the CBN also approved the appointments of <a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">Wole Akinyele as Deputy Managing Director&comma; and Tunde Mabawonku as Executive Director<&sol;a>&period; Wole Akinleye previously served as the Executive Director in charge of Corporate Banking and the South-West Business&comma; while Tunde Mabawonku served as the Bank’s Chief Finance Officer&period;<br &sol;>&NewLine;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&&num;8217&semi;s banking industry through technology and innovation&period;<br &sol;>&NewLine;All appointments are effective from April 1&comma; 2023&period;<br &sol;>&NewLine;Meanwhile&comma; Wema Bank is regarded as Nigeria&&num;8217&semi;s most innovative bank and the longest-surviving indigenous Financial Institution in Nigeria&comma; Wema Bank Plc has over the years&comma; diligently offered a range of value-adding banking and financial advisory services to the Nigerian public for 77 years&period; Incorporated in 1945 as a Private Limited Liability Company under the old name of Agbonmagbe Bank Limited&comma; it commenced banking operations in Nigeria in the same year&period; Wema Bank subsequently transformed into a Public Limited Liability Company &lpar;PLC&rpar; in April 1987 and was listed on the floor of the Nigerian Exchange&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;