Personality in Focus
Wema Bank Gets New MD/CEO As Adebise Retires
Wema Bank Plc has appointed Mr. Moruf Oseni as the new Managing Director/Chief Executive Officer of the bank as Mr. Ademola Adebise proceeds on a terminal leave effect from January 2, 2023, after 13 years of meritorious service on the Board of the Bank, pending his final disengagement from the bank in March 2023.
A statement signed by the Bank’s Company Secretary/Legal Adviser, Johnson Lebile, disclosed that Ademola Adebise was appointed as the Managing Director/Chief Executive Officer of Wema Bank Plc in June 2018. He joined the Bank in June 2009 as an Executive Director and rose to become the Deputy Managing Director in 2015. Under his leadership, he expanded the bank’s footprints to other locations in Nigeria, he improved the performance of the Bank and spearheaded the first Dividend payment in 13 years, since then, he has ensured consistent dividend payment over the last 4 years. The Bank has grown its Total Assets by 155%, from N470 billion to over N1.2trillion. Deposits also grew by 214% from N350 billion to N1.1 trillion. He initiated the partnership with Bank of Africa to support its customers across the African continent which has increased the Bank’s market share and customer base. All these led to an additional growth of 2 million customer accounts in Nigeria and a market share of 3% of industry volumes. The Bank is now the leading collection bank for state and government agencies due to its effective and efficient platform. The Bank’s rating by agencies was upgraded to BBB investment grade.
The Bank significantly changed the digital landscape through the ALAT platform. The innovative platform also came tops in the KPMG Digital Scorecard for leading retail banks in Nigeria and this was based on in-depth insights into the state of user experience on retail banks’ digital channels. Furthermore, the Bank launched the first SME Business School for capacity building and empowerment of SMEs – this has benefitted over 20,000 small businesses. The Bank also became one of the founding members of the United Nations Environmental plan for financial institutions (UNEP- FI) and continues to provide digital solutions for societal impact.
The Chairman of the Board, Mr. Babatunde Kasali on behalf of the Board and Management expressed its profound gratitude to Ademola for his service and wish him the best in his future endeavors.
Further, Wema Bank Plc is pleased to announce the appointment of Mr. Moruf Oseni as the Managing Director/CEO subject to the approval of the Central Bank of Nigeria.
Moruf Oseni joined Wema Bank in June 2012 as an Executive Director. He has over 25 years of experience with more than 16 years at Senior and Executive Management levels. Moruf Oseni was an Executive Director for 6 years and Deputy Managing Director for the last 4 years and has demonstrated capacity to lead the Bank. He presently has responsibility for the Digital Optimization Directorate which includes – Digital, Retail, Treasury, Operations, and the Technology Divisions. Moruf is also the Executive Compliance Officer of the Bank. He supervised the launch of ALAT – Nigeria’s 1st digital Bank that has received local and global awards and multiple accolades. Before joining Wema Bank, Moruf was the CEO of MG Ineso Limited, a principal investment and financial advisory firm. Prior to MG Ineso, Moruf was a Vice President at Renaissance Capital, and an Associate at Salomon Brothers/Citigroup Global Markets in London.
Moruf holds an MBA degree from the Institut European d’Administration des Affaires (INSEAD) in France, a Master’s 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.
Other Board appointments include:
Wole Akinleye: Appointed as the Deputy Managing Director. Wole has over 32 years Banking experience. He presently oversees Corporate Banking and South West Business Directorate for the Bank. A Fellow of the Institute of Chartered Accountants of Nigeria (ICAN), Wole is an alumnus of the Advanced Management Program of the Harvard Business School. He 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.
Tunde Mabawonku: Appointed as Executive Director. He has over 23 years of experience and is presently the Chief Finance Officer and the Divisional Head of Finance & Corporate Services. Tunde has a master’s in finance from the London Business School and a first degree in Economics from University of Ibadan. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) & Chartered Institute of Taxation of Nigeria (CITN) and is an Honorary member of the Chartered Institute of Bankers (HCIB). He has also attended several Senior Leadership programs.
In conclusion, the Board of Directors are confident that the appointment of the Executives will lead to the continued transformation and growth of the Bank, particularly as the Bank positions itself as a market leader in Nigeria’s retail banking segment through technology and innovation.
The appointments take effect from April 1, 2023 and are subject to the approval of the Central Bank of Nigeria and other regulatory authorities.
The Zonal Command Headquarters, Zone 2, Lagos, has announced the appointment and resumption of duty of DSP Afolayan Gbanga as the new Police Public Relations Officer.
The appointment, according to a statement made available to the National Association of Online Security News Publishers (NAOSNP), was as a result of the redeployment of Police Public Relations Officers of the rank of CSP by the Inspector-General of Police, IGP Kayode Adeolu Egbetokun.
The statement stated DSP Gbenga’s credentials as follows:
The newly posted Police Public Relations Officer, DSP Afolayan Gbenga who hails from Ijero Ekiti local Government Area of Ekiti State enlisted into the Nigeria Police Force on the 20thof December, 2018 as a Cadet Assistant Superintendent of Police Regular Course 1 and was trained at the Nigeria Police Academy, Wudil, Kano State where hebagged a Bachelor of Science degree in Mathematics.
DSP Afolayan Gbenga has attended combat operation course at the Police Mobile Force Training school, Ila Orangun, Osun State and Operational Leadership and Command Course (OLCC) at the Police Staff College, Jos, Plateau State.
He has served in various capacities at Enuowa Division, Fanibi division, CP monitoring Unit, Deputy Police Public Relations Officer all in Ondo State Command. He has also served as the Personal Assistant to the Assistant Inspector-General of Police in Zone 17 headquarters and Commissioner of Police, Ondo State Command. Until his recent deployment as the Police Public Relations Officer, he was serving at the Police Special Fraud Unit, Ikoyi, Lagos.
DSP Afolayan Gbenga possesses requisite knowledge and experience in administration, operations, investigations and in Police Public relations and has expressed his deliberate action in ensuring that he creates and solidifies a reliable and trust centered communication as well as a progressive partnership with the community/public through result drivenengagement and service.
The Zone 2 Headquarters hereby call on members of the public, the good people of Lagos and Ogun State, the media, and other stakeholders to extend their usual support and cooperation to the new Police Public Relations Officer as he assumes office and discharge his duties.
He can be reached on 09062011772 and 08166350754
His Social Media handles include;
X: @Gbeyngar
Facebook: Afolayan Gbenga
Instagram: @Gbeyngar
A former Chief Justice of Nigeria (CJN), Justice Ibrahim Tanko Muhammad (retd.), is dead. He was aged 71
The former CJN reportedly died at a hospital in Saudi Arabia, about two weeks before his 72nd birthday on December 31.
Muhammad’s death was confirmed in a condolence statement on Tuesday in Abuja by the Nigerian Association of Muslim Law Students (NAMLAS).
In the statement titled “NAMLAS Condolence Message on the Passing of Hon. Justice Ibrahim Tanko Muhammad, GCON, Former Chief Justice of Nigeria,” the association described his passing as a significant loss for the country.
“Indeed, to Allah we belong, and to Him we shall return.
“The Nigeria Association of Muslim Law Students (NAMLAS), National Headquarters, Abuja, receives with profound sorrow the news of the passing of Honourable Justice Ibrahim Tanko Muhammad, GCON, former Chief Justice of Nigeria. His demise is a monumental loss to the Nigerian judiciary, the legal profession, the Muslim Ummah, and the nation at large,” NAMLAS said.
The association hailed Justice Muhammad as “a towering figure of integrity, humility, and unwavering commitment to justice.”
According to NAMLAS, throughout his judicial career, Muhammad “exemplified the highest ideals of the Bench—fairness, courage, and fidelity to the rule of law.”
“As Chief Justice of Nigeria, he discharged his responsibilities with wisdom and restraint, leaving behind a legacy of service that will continue to guide generations of legal practitioners,” the statement added.
Beyond his role on the Bench, the association noted the late jurist’s mentorship of young Muslim law students across the country.
“To NAMLAS, the late Chief Justice was more than a jurist; he was a fatherly pillar and a source of encouragement to Muslim law students across the country,” it said.
The association also highlighted that the deceased’s “support, moral guidance, and openness to the aspirations of young Muslim legal minds reflected his deep belief in mentorship, continuity, and the nurturing of future custodians of justice.”
It extended condolences to his family, the Nigerian judiciary, and the nation.
“We extend our heartfelt condolences to his family, the Nigerian Judiciary, the Government and people of Nigeria, and the entire Muslim Ummah”.
The association offered prayers for the repose of his soul, asking that Allah forgive his shortcomings, accept his good deeds, and grant him “the highest abode in Jannatul Firdaus.”
The newly appointed Police Public Relations Officer for the Ogun State Command, DSP Oluseyi Babaseyi, has assumed office, the National Association of Online Security News Publishers (NAOSNP) can report.
Babaseyi was appointed last week by the Inspector General of Police, IGP Kayode Egbetokun, following the transfer of all Police Public Relations Officers of the rank of Chief Superintendent of Police (CSP). He succeeds CSP Omolola Odutola, who is reported to have maintained a legacy of professionalism, transparency and friendliness, and has been transferred to the Lagos State Police Command for higher national assignments.
DSP Oluseyi Babaseyi is a Barrister-at-Law and Solicitor of the Supreme Court of Nigeria. He holds a Bachelor of Laws degree from the Nigeria Police Academy, Wudil, Kano, and a Diploma in Law from Osun State University. A distinguished member of the 1st Regular Course of the Nigeria Police Academy, his academic and professional background provides a solid foundation in police operations, investigations, administration, and strategic communication.
He has served in several operational, investigative, and administrative capacities across divisions and specialized units. He previously served as Divisional Crime Officer at Monatan and Kajorepo Divisions, and as Officer-in-Charge of Ilaji and Lagelu Police Posts in Oyo State, where he led criminal investigations, supervised personnel, and coordinated crime prevention strategies. His operational expertise was further strengthened by a three-year deployment with the Police Mobile Force (22 PMF) as Unit Commander. In 2023, he trained at the Nigeria Army School of Special Forces, Buni Yadi, and subsequently led personnel in joint military operations under Operation Hadin Kai across Yobe and Borno States.
DSP Babaseyi also brings strong experience in police administration and public relations to his new role. He previously served as Deputy Public Relations Officer of the Lagos State Police Command and as Secretary to the Commissioner of Police, Lagos State, where he was deeply involved in command management, strategic planning, and inter-agency coordination. Until his appointment as Police Public Relations Officer, Ogun State Command, he distinguished himself in media relations and information management.
DSP Oluseyi Babaseyi is happily married with children, and can be reached on 0816 238 2281.
