Wema Bank appoints new directors

Wema Bank Plc has announced the appointment of four new directors to its board. They are Abolanle Matel Okoh and Babatunde Kasali as non-executive directors; Folake Sanu and Wole Akinleye as executive directors. This brings to 14 the number of directors on the board and reflects an indication of the bank’s continued commitment to the sustenance of good corporate governance and adequate gender representation as well as the bank’s desire to sustain its remarkable growth into the foreseeable future.

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Speaking on the appointments, Segun Oloketuyi, managing director of the bank, expressed confidence that the four appointments will bring quality representation to the board as well as support the management of the bank in its drive to build upon its recent achievements whilst positioning itself for further growth. He also thanked the outgoing director, Ramesh Hathiramani, for the immense contributions and value he brought to bear during his time on the board.

The new directors come with over 10 decades of combined experience and have made significant contributions to the banking industry and the growth of the nation’s economy. Established in 1945, Wema Bank, Nigeria’s oldest surviving indigenous bank, offers financial advisory services and a range of products and services in retail & SME banking, commercial & corporate banking, electronic banking and treasury to its customers.