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 …
Read More »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 …
Read More »Wema Bank Threatens Legal Action Over Licence Revocation Claims
Wema Bank has said that it will take legal action over reports that its banking licence is oooooò to be revoked by the Central Bank of Nigeria. The bank said this on Tuesday in a statement issued by its Head of Brands and Marketing Communications, Mabel Adeteye, where it maintained …
Read More »Depositors, Shareholders Worry Over N1.136bn Fraud That Hit WEMA Bank in 2023
DEPOSITORS and shareholders of the Moruf Oseni-led Wema Bank PLC are worried over the N1.136 billion that was perpetrated thtough its sytem in 2023. There were 1,195 recorded fraud cases, 97 per cent of whivh were reportedly committed by outsiders. In its full-year 2023 financial statement released recently, Wema Bank …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »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 …
Read More »Wema Bank lauches Customer Service charter,restates commitment to Customers
Wema Bank plc has reiterated its commitment of excellent consumer services to its customers by launching a customer ‘Service Charter’ to kick off the 2015 customer service week and the banks’ 70-year anniversary. The Service Charter defines the standard of service customers should expect from the bank and will also …
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