CBN Approves Wole Akinleye as Deputy Managing Director, and Tunde Mabawonku as Executive Director.
Wema Bank Plc hereby announces Moruf Oseni as the
substantive Managing Director and Chief Executive Officer effective
April 1, 2023. After serving in 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 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.
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.
Oseni’s credentials speak for themselves, with an MBA
from the Institut European d’Administration des Affaires (INSEAD) in
France, a Master’s in Finance (MIF) from the London Business School, and
a B.Sc. in Computer Engineering from Obafemi Awolowo University (OAU).
He is also an alumnus of the Advanced Management Program (AMP) of the
Harvard Business School and King’s College, Lagos.
In addition to Oseni’s appointment, the CBN also
approved the appointments of Wole Akinyele 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.
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.
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