Wema Bank Plc has announced Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April 1, 2023.

After serving in an acting capacity since January 1, 2023, Oseni will be succeeding Ademola Adebise, following approval by the Central Bank of Nigeria (CBN).

Oseni’s journey with Wema Bank began in 2012 when he joined as an Executive Director. Before he was appointed 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. Wole 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.
-Richard Chibo