Oseni takes office as Wema Bank’s CEO

Moruf Oseni, the immediate past deputy managing director of Wema Bank, has assumed the position of substantive managing director and chief executive officer of the lender effective 1 April, 2023.

The appointment was first announced in December following the retirement of Ademola Adebise, allowing Mr Oseni to serve in an acting capacity in the three months to March before his appointment was confirmed.

The Central Bank of Nigeria has endorsed the decision to appoint Mr Oseni, Wema Bank said in a statement Saturday.