Wema Bank Plc has announced the appointment of four new directors to its Board, Mrs. Abolanle Matel-Okoh and Mr. Babatunde Kasali as Non-Executive Directors; Mrs. Folake Sanu and Mr. 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.
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, Mr. Ramesh Hathiramani for his 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 product and services in retail & SME banking, commercial & corporate banking, electronic banking and treasury to its customers.
With over 20 years of Cognate Banking experience, Wole Akinleye was until his appointment, responsible for co-ordinating Business Development Activities in the Lagos Region of Wema Bank while Folake Sanu is an astute finance professional and banker of repute with over 32years working experience in banking, professional accounting and auditing practice. Her experience spans Corporate Strategy, Financial Control, Operations, Technology, Risk management, Audit, Mergers & Acquisitions, Credit and Marketing.
An attorney with over 20 years of experience in Nigeria and the United States of America, Abolanle Matel-Okoh is a member of the Nigerian Bar and the New York State Appellate Division, Third Department Bar and Babatunde Kasali is a consummate professional with over 3 decades of experience in Audit, Risk Management and Compliance. Babatunde Kasali was until his appointment, Managing Director of the Resolution and Restructuring Company Limited – a subsidiary of the Asset Management Company of Nigeria.