Wema Bank Plc Management has approved the appointment of Ademola Adebise as its new Managing Director/CEO.
Adebise was previously the Deputy Managing Director of the bank before his recent appointed which takes effect from July 1, 2018.
Adebise’s appointment is subject to the approval of the Central Bank of Nigeria (CBN).
The bank has also announced the retirement of its former CEO, Segun Oloketuyi, after piloting the affairs of the bank, spanning almost a decade
“On behalf of the Board and Management of the Bank, I want to thank Oloketuyi for his service and wish him the best in his future endeavours,” Wema Bank’s Company Secretary and Legal Adviser, Oluwole Ajimisinmi said.
It is gathered under the leadership of Oloketuyi, the fortunes of the experienced massive turn around; thereby, leading to the recapitalization of the Bank and its return to profitability.