Moruf Oseni

Managing Director/Chief Executive Officer

Moruf Oseni is the Managing Director (MD)/Chief Executive Officer (CEO) of Wema Bank Plc. Prior to his appointment, he was an Executive Director responsible for the bank’s Consumer & SME business, E-business & Payments and the Digital bank (ALAT).

Before joining Wema Bank, Moruf was the CEO of MG Ineso Limited, a principal investment and financial advisory firm with interests in various sectors of the economy. Prior to MG Ineso, Moruf was a Vice President at Renaissance Capital, where he was responsible for Debt Capital Markets (DCM), Equity Capital Markets (ECM) and structured finance origination and execution for Sub-Saharan African corporates and financial institutions. He was also an Associate at Salomon Brothers/Citigroup Global Markets in London and New York where he was involved in credit market origination and execution for European financial institutions. During his tenure at Citigroup, he was involved in the origination of various pioneering and innovative instruments across the debt spectrum. He commenced his career as an IT officer with Nigeria Liquefied Natural Gas Company (NLNG).

Moruf is a member of the Institute of Directors (IoD), an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN) and a member of Nigerian Institute of Management (NIM). He serves on the board of Continental Broadcasting Services Limited and is a member of the Lagos State Economic Advisory Committee.

Moruf holds an MBA degree from the Institut European d’Administration des Affaires (INSEAD) in France, a Masters in Finance (MiF) from the London Business School and a B.Sc. in Computer Engineering from Obafemi Awolowo University (OAU), Ile-Ife, Nigeria. He is also an alumnus of both the Advanced Management Program (AMP) of the Harvard Business School and King’s College, Lagos.

Moruf Oseni became a member of the Board of the Bank in June 2012.

Wole Akinleye

Deputy Managing Director

With almost 3 decades of cognate Banking experience, Wole Akinleye is the Executive Director responsible for co-ordinating business development activities in the South for Wema Bank.
His work experience cuts across all major areas of banking operations including Retail, Corporate Banking and Risk Management.

Wole Akinleye was Group Head, Business Development, Lagos for StanbicIBTC prior to joining Wema Bank in 2009. At StanbicIBTC, he held at various times, the role of Regional Head, Retail & Commercial Banking in the Bank’s Lagos Island, Lagos Mainland and South-West regions.

A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Wole obtained his first degree in Accounting from Obafemi Awolowo University in 1989 and, subsequently, a Master’s Degree in Business Administration (Finance) from the same University. A widely travelled banker, Wole has attended several Senior Leadership Programmes around the world.

Wole became a director of the Bank in December 2014.

Oluwole Ajimisinmi

Executive Director

Oluwole is an experienced Banking professional with years of experience in legal financial risks and ensuring compliance.
Having started his career as a solicitor for law firms, he began his journey in banking with Prudent Bank. He led the Legal Team that worked on the successful consolidation of five banks that included Prudent Bank Plc, EIB International Bank Plc, Cooperative Bank plc, Bond Bank plc and Reliance Bank Limited to form Skye Bank Plc.

He went on to serve as Head, Legal Services Department for Skye Bank, overseeing legal services for the 207 branches of the bank and became the Secretary and Legal Adviser of Wema Bank where he oversaw responsibility of proffering opinions on all legal related issues including but not limited to securitization of Credits bankwide.

A law graduate from University of Jos, Jos, Wole Ajinminsinmi is an Associate Member of the Institute of Chartered Secretaries & Administrators of Nigeria and UK, (ACIS) June, 1995 and once worked as a staff of Ernst & Young International between 1999 and 2000.

He is also an ICAN Professional Examination Assessor and a member, Institute of Advanced Legal Studies, University of Lagos, Akoka Lagos.

He is currently an Executive Director at Wema Bank Plc.

Oluwole became a member of the Board of the Bank in July 2020.

Tunde Mabawonku

Executive Director

Tunde has close to 20 years post-qualification experience in Banking with a vast experience cutting across Financial Control, Performance Management and Strategy related functions.

He played a key role in the Digital transformation team that berthed the 1st Digital Bank in Africa – ALAT.

Prior to his present role, Tunde worked in Skye Bank (now Polaris Bank) as the Head of Enterprise Performance Management and subsequently, Head of Human Capital management.

He also has experience in the Oil and Gas sector having taken a break from Banking to serve as a member of the Global Development program for Chevron Corporation.

A fellow of ICAN, Tunde has a Masters in Finance at the London Business School. He is also a Chartered member of CITN and an HCIB.

Tunde was appointed a director of the Bank in April 2023

Olukayode Bakare

Treasurer

Bakare is an experienced professional with over 20 years of experience in the Nigerian Banking industry and varied experiences in financial services and academia.

A graduate of Economics from Ogun State University, Ago-Iwoye, his experience cuts across market risk management, assets trading (interest rates, fixed income and currencies) and treasury management.

He began his professional career as a lecturer in Banking and Finance at Ogun State University (now Olabisi Onabanjo University) Ago-Iwoye. His banking career has taken him through leading Nigerian banks like EcoBank Nigeria Plc, Diamond Bank and Diamond Bank du Republic of Benin, Societe Generale Nigeria Limited (Now Heritage Bank Nigeria), United Bank for Africa (UBA), and Intercontinental Bank Plc ( now Access Bank of Nigeria) where he has shone in Strategy and Consumer Banking, Treasury and Market Risk Management.

He also served as Managing Director/Chief Executive Officer at HSLM Trust & Associates Limited (Investment Holdings & Advisory Services).

In June 2003 he became the Special Assistant on Economic Affairs to the Executive Governor of Kwara State responsible for Due Process concerning Contract and essential services pricing.

Kayode Bakare holds an M.SC degree in Economics from University of Ibadan, Ibadan. He is an Honorary Member of the Chartered Institute of Bankers of Nigeria (HCIB) and a member of the ACI Financial Markets Association.

He is presently the Divisional Head, Treasury & Corresponding Bank at Wema Bank Plc.

Johnson Lebile

Company Secretary and Legal Adviser

A thoroughbred professional, Johnson has over eighteen (18) years’ experience in legal practice, spanning various sectors with banking and financial services being the most prominent.

He began his career as a corporate counsel for banks as a Legal Officer with the now defunct African Express Bank in 2001 before having stints at the former Chartered Bank Plc, Unilever Nigeria Plc, and Skye Bank Plc respectively.

A member of several professional associations including, the Nigerian Bar Association and the International Bar Association, he holds a Master’s degree in Law, from the University of Lagos, Akoka Lagos.

He was called to the Nigerian Bar in September 1999 and currently works as the Company Secretary/Legal Adviser.