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.
Co-convener of BringBackOurGirls Movement, Aisha Yesufu, has declared her readiness to become a card-carrying member of the African Democratic Congress (ADC).
The activist said this on Wednesday, hours after Peter Obi defected from the Labour Party to the ADC in Enugu.
She called on well-meaning Nigerians to come together in unity to salvage the country come 2027 general elections.
“I have never been a card-carrying member of any political party, but I will be a card-carrying member of the ADC.
“Enough is enough. There’s no more time for us to keep shedding tears. We have cried too much.
“From this moment going forward, we will fight for Nigeria. We will have a great nation.
“ADC will take Nigeria to a point where the son-of-a-nobody can become somebody without knowing anybody,” she said.
The Secretary to the Government of the Federation, Senator George Akume, has officially wed Queen Zaynab Ngohemba, the former wife of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi.
The announcement was made public on Friday by a facebook user and member of the Dajoh family, Abraham Double-d Dajoh, via a celebratory social media post.
He confirmed the union between the high-ranking government official and the former Olori of the Ife Kingdom.
The Dajoh family described the union as “beautiful” and “uncommon,” as they formally welcomed her into their fold in Benue State.
In a statement that quickly went viral, the Dajoh family expressed their collective joy, signalling a significant chapter for the SGF’s household.
“We, the entire Dajoh Family, happily join our daddy, uncle and brother, His Excellency, The Secretary To The Government Of The Federation, Sen. George Akume Jugu Dajoh in welcoming his new and uncommon wife, Queen Zaynab Ngohemba-George Akume Dajoh, into the Dajoh family,” the post read.
The family further extended their appreciation to the political associates and supporters of the SGF, urging them to remain steadfast in their loyalty to him as he embarks on this personal journey.
“We appreciate and thank the fans and supporters of Sen. Akume for always standing by him. We enjoin every one of you to continue to support his Excellency even in this beautiful union with Queen Zaynab,” the post further read.
Queen Zaynab, who was previously known as Olori Wuraola during her 17-month marriage to the Ooni of Ife (which ended in 2017), was ushered into her new home with deep cultural reverence.
The Dajoh family emphasised the importance of their ancestral roots in Mbakor and the wider Benue State.
“Welcome to Benue State, the Food Basket of the Nation, welcome to Mbakor, the seat of leadership of the Tiv nation and welcome to the Dajoh family, the home of your darling husband. Welcome home, Queen Zaynab,” the statement concluded.
The announcement coincided with the festive period, as the family used the opportunity to wish Nigerians a happy holiday season.
“We wish you all a happy Christmas Celebration and a Prosperous New Year,” the post read.
Akume, a former Governor of Benue State and a politician, currently serves as a key figure in the President Bola Tinubu administration.
The news of his marriage to Queen Zaynab—a prominent humanitarian and former royal—has become a major talking point across the country’s social and political circles.
When contacted on the telephone on Friday, Akume’s spokesman, Yomi Odunuga, confirmed the marriage.
He, however, said contrary to reports that the wedding was held on December 24, the marriage is over a year old.
“I can confirm the marriage. However, contrary to the rumour that the marriage was concretised in Gboko on Christmas eve when the couple appeared together at an event to celebrate Christmas, it was actually a marriage that is over a year old,” Odunuga said.
Source: The Punch
The University of Nigeria, Nsukka (UNN), has appointed a renowned novelist, Chimamanda Adichie, isiting professor as part of the drive to reposition the institution on the global academic stage.
Also appointed visiting professors are African Development Bank (AfDB) executive, Prof Kevin Urama, and Prof James Robinson of the University of Chicago.
The appointments were announced through official letters dated December 18, 2025 and signed by the Vice-Chancellor, Prof Simon Ortuanya.
Among the roles expected of the trio, according to the letters, included teaching engagements, research collaboration, mentorship, and strategic academic interactions.
Adichie, it was gathered, was appointed based on her outstanding contributions to literature, creative writing, and global intellectual discourse.
According to the university, Adichie’s visiting professorial would enrich the arts and humanities of the institution through lectures, scholarly engagements, and mentorship of students and young academics.
Prof Urama, a renowned development economist and senior official at the African Development Bank, was appointed because of his “versatile expertise in development economics, climate policy, and evidence-based policymaking”.
“His engagement is expected to strengthen teaching, research, and policy-oriented programmes, particularly in economics, development studies, and related disciplines,” UNN said.
On Prof James Robinson, a political economist at the University of Chicago, UNN said his appointment was intended to deepen academic collaboration, advance research, and expose students and lecturers “to cutting-edge global scholarship in political economy and development studies”.
The acting Public Relations Officer of the institution, Inya Agha Egwu, said that the appointments align with the commitment of “the vice-chancellor to attracting eminent global scholars and industry leaders to UNN, in line with the vision of its founding fathers”.
He said: “The University of Nigeria was founded to be a globally competitive institution; the latest appointments represent a significant step towards reclaiming that legacy and enhancing its global relevance.”
Inya said the visiting professorships are designed to promote knowledge exchange, strengthen international linkages, and bridge the gap between theory, policy, and practice, adding that the latest appointments “bring the number to four visiting professors appointed by the vice-chancellor in December 2025”.
