Shareholder Communication

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Lagos, 6May2015: Shareholders of Wema Bank plc, at their Annual General Meeting, approved the plans of the bank to raise its authorised share capital to N30billion and also ratified the appointment of  two new Executive Directors, namely Mr Oluwole Akinleye and Mrs Folake Sanu and two non-Executive Directors namely Mrs Abolanle Matel-Okoh and Mr Babatunde Kasali.

Speaking on the bank’s capital raise, Managing Director and CEO of the Bank, Segun Oloketuyi, said the bank intends to expand its operations and grow organically into areas that present strong business opportunities.

Established in 1945, Wema Bank is reputably Nigeria's most resilient bank and longest surviving indigenous financial institution. The Bank offers a range of corporate banking, retail banking and e-banking solutions and services in addition to top-notch financial advisory services to its discerningclientele.

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October 26, 2016
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