Wema Bank Appoints Moruf Oseni As It’s MD/CEO

Wema Bank Plc, on Saturday, announced the appointment of Moruf Oseni as its substantive Managing Director and Chief Executive Officer, effective April 1, 2023.

In a statement, the bank noted that Oseni, after serving in acting capacity since January 1, 2023, will take over from Ademola Adebise, following approval by the Central Bank of Nigeria (CBN).

According to the 77-year-old financial institution, 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,” the statement read.

“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.”