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Press Releases 2018-02-20T14:09:56+00:00

Press Releases

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910, 2018

Ademola Adebise Now MD/CEO of Wema Bank, Moruf Oseni Appointed Deputy Managing Director

October 9th, 2018|Categories: Press Releases|

LAGOS, NIGERIA – October 1, 2018 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) ● Adebise becomes MD/CEO from October 1, 2018 ● Was in Acting Capacity for three months while Oloketuyi was on terminal leave ● Moruf Oseni appointed Deputy Managing Director. Wema Bank Plc. hereby announces that Ademola Adebise has been made the Managing Director/Chief [...]

207, 2018

Wema Bank CEO proceeds on terminal leave

July 2nd, 2018|Categories: Press Releases|Tags: , , |

• CEO/Managing Director Segun Oloketuyi to proceed on terminal leave from July 01, 2018 and to retire with effect from September 30 2018. • Current Deputy Managing Director, Ademola Adebise to assume CEO/Managing Director role in acting capacity with effect from 1 July 2018 subject to regulatory approvals. Wema Bank Plc. has announced that the Managing Director/Chief Executive Officer, Segun [...]

2606, 2018

Wema Bank Launches Enovate

June 26th, 2018|Categories: Press Releases|

Wema Bank Plc., the pioneer of Nigeria’s first fully digital bank ALAT has launched a new blog called enovate, offering stories about innovation, with staff and customers as main contributors. The aim of the blog is to encourage discussions on innovation and the use of technology to make the lives of the Bank’s customers better and improve the society. “We’re [...]

405, 2018

The New Power of Social Media; Even Banks Can No Longer Ignore

May 4th, 2018|Categories: Press Releases|Tags: , |

By 2025, Millennials will make up 75% of the global workforce. As their population grows, so is their influence. Award-winning author Jeremy K. Balkin calls this the “Millennialization of Everything.” Millennials – the generation born between 1980 and 2000 -- are unlike previous generations in so many ways. They are highly opinionated, educated and are digitally native. They have a [...]

2704, 2018

WEMA Bank Plc Unaudited Financial Result for the quarter ended March 31st, 2018

April 27th, 2018|Categories: Press Releases|

Deposit growth of 20.29% to N09 billion in Q1’2018 from N254.46 billion in FY2017. Gross earnings increases by 5.02% to N07 billion. Awarded the Best Digital Bank in Africa at the 2018 Asian Banker Awards. Secures $15million and N3 billion line of credit from AFDB and DBN. Managing Director/Chief Executive Officer’s review Commenting on the results, the MD/CEO, Segun Oloketuyi [...]

1104, 2018

Wema Bank Reports 20.07% Growth in Gross Earnings

April 11th, 2018|Categories: Press Releases|Tags: , , , , , |

LAGOS, NIGERIA – 11th April 2018 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) Wema Bank PLc. has releases its audited audited financial result for the year ended December 31st, 2017. The innovative bank, which launched ALAT, Africa’s first fully digital bank, confirmed the growth of its groos earnings by 20.07%, from N54.36 billion in FY2016 to [...]

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