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Tag Archives: Wema Bank

Ex-Wema Chief Urges Deeper Engagement to Sustain Bank’s Legacy

A former Managing Director of Wema Bank Plc, Ademola Adebise, has urged the management of the bank to pursue deeper and more structured engagement. He said the bank’s continued relevance today is due to the efforts and dedication of stakeholders, employees, customers, shareholders, and other partners. He gave this advice …

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Wema Bank Unveils 80th Anniversary Identity

In preparation for its 80th anniversary, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has unveiled the identity for its 80th anniversary celebration. Set for Friday, May 2nd, 2025, this grand anniversary would serve as the hallmark of Wema Bank’s 80-year journey of …

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Wema Bank Announces Final Tranche of Capital Raise Exercise

…Set to raise additional N200 billion in combination of Rights & Special Placement to complete CBN recapitalization requirement. Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced that it will be completing its capital raise through a combination of a Rights issue …

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Wema Bank Appoints New Board Chairman

The Board of Directors of Wema Bank Plc. has appointed Dr. (Mrs.) Oluwayemisi Olorunshola as its new chairman. This follows the retirement of the current Board Chairman, Mr. Babatunde Kasali having attained the retirement age in line with the Bank’s Articles of Association. Dr. (Mrs) Oluwayemisi Olorunshola joined the bank …

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Wema Bank Supports School With Furniture

Wema Bank has said it donated chairs and tables to Isale Eko Grammar School, in Lagos State. A statement said the act was made possible through Wema Bank’s corporate social investment initiative, the “Salary for Love” campaign.   It said Wema Bank’s employees selflessly contributed a portion of their salaries, …

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Wema Bank Launches SME Business School 5.0

WEMA Bank, an nnovative lender in Nigeria, has announced the launch of its flagship capacity-building programme for small and medium-sized enterprises (SMEs) in Nigeria the Wema SME Business School 5.0. The programme aims to equip SME business owners and entrepreneurs in Nigeria with the necessary skills and knowledge to succeed …

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WEMA Bank Appoints New CEO As Adebise Retires

WEMA Bank Plc has announced the retirement of its Managing Director/CEO, Ademola Adebise. He will be proceeding on terminal leave from January 2nd, 2023, after over 13 years of meritorious service on the Board of the Bank. He will be succeeded by Moruf Oseni, currently the Deputy Managing Director. The …

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