Personality in Focus
Wema Bank Gets New MD/CEO As Adebise Retires
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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.
Personality in Focus
Tinubu Celebrates Ogunsan at 50, Urges More Dedication to Security
President Bola Tinubu has sent warm greetings to the Executive Secretary/CEO of the Lagos State Security Trust Fund (LSSTF) Dr. Ayodele Ogunsan, on the occasion of his 50th birthday on October 6, 2026.
In a statement released by the Special Adviser to the President (Information and Strategy), Bayo Onanuga, the President indicated acknowledged Dr. Ogunsan’s commitment to institution-building and promoting partnerships among government, the private sector, and other stakeholders to advance security and development.
Tinubu also commended the celebrant for his dedication to serving Lagos State and his contributions toward strengthening the security architecture, public safety, and public confidence through the Lagos State Security Trust Fund.
Before becoming the Executive Secretary/CEO, Dr. Ogunsan served on the Board of Trustees of the LSSTF. He has held other significant responsibilities in the security and community-safety space, including as Chairman of the Police Campaign Against Cultism and Other Vices (POCACOV), Lagos State, and Patron of the Police Community Relations Committee (PCRC).
The President noted that under Dr. Ogunsan’s leadership, the Trust Fund has continued to play an important role in supporting security agencies with critical equipment, infrastructure and other resources necessary to enhance their effectiveness in protecting lives and property.
“As you mark this significant milestone, I urge you to sustain your dedication to the security and progress of Lagos State and Nigeria. I wish you many more years of good health, wisdom and fulfilment, as well as continued success in your service to humanity and our nation,” the President charged.
Personality in Focus
Sanwo-Olu Hails LSSTF Boss Ogunsan @50
The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated the Executive Secretary and Chief Executive Officer of the Lagos State Security Trust Fund (LSSTF), Dr. Ayodele Ogunsan, on his 50th birthday.
Governor Sanwo-Olu, in a statement issued on Monday by his Special Adviser on Media and Publicity, Mr Gboyega Akosile, described Ogunsan, an entrepreneur and security expert, as a seasoned administrator and a dedicated, passionate public official.
The Governor praised Ogunsan for his transformational leadership and dedication, which have significantly impacted the Lagos State Security Trust Fund (LSSTF) since he assumed office as Executive Secretary and Chief Executive Officer in October 2025.
He said: “On behalf of my family, the government, and the people of Lagos State, I congratulate the Executive Secretary and Chief Executive Officer of the Lagos State Security Trust Fund, Dr. Ayo Ogunsan, on his 50th birthday.
“Dr. Ogunsan is a seasoned administrator who has used his knowledge and experience to bring about transformation in the security sector through the Lagos State Security Trust Fund.
“I commend Dr. Ogunsan for his leadership and commitment in different capacities. He has contributed positively towards the improvement of security as Chairman of the Police Campaign Against Cultism and Other Vices (POCACOV) in Lagos State, Patron of the Police Community Relations Committee (PCRC), member of the Board of Trustees, and now Executive Secretary and Chief Executive Officer of LSSTF.
“As Dr Ayo Ogunsan celebrates his Golden Jubilee, I pray that the Almighty God continues to bestow upon him wisdom and knowledge to steer the ship of the Lagos State Security Trust Fund and render more service to humanity and our dear Lagos State.”
Personality in Focus
ACAMB Celebrates 30 Years of Shaping Narratives, Building Trust
Association of Corporate Communication and Marketing Professionals in Banks (ACAMB) has marked 30 years of shaping narratives and building trust in Nigeria’s banking industry, with regulators and industry leaders calling on communication professionals to make credibility, clarity, Innovation and ethical conduct central to the future of financial services.
The association celebrated the milestone at an anniversary gala night in Lagos on September 30, 2026, bringing together, senior officials of the Central Bank of Nigeria (CBN), the Chartered Institute of Bankers of Nigeria (CIBN), the Nigeria Inter-Bank Settlement System (NIBSS), United Bank for Africa (UBA), Optimus Bank and industry leaders alongside communication and marketing heads, from banks across the country.
Speaking at the event, President of ACAMB, Jide Sipe, said, over three decades, the association has played and continued to play a critical role in helping banks communicate with the public, manage crises and protect institutional reputation.
“For 30 years, our members have stood between the banks and the public they serve. They explain policy, manage crises and protect reputations, often under intense pressure and in real time,” Sipe said.
“We have remained consistent, from gatekeepers to strategic drivers in actualising growth, positive brand perception, aligning business values to customer needs, customer satisfaction and loyalty”
All this have to great extent catalysed the growth trajectory of the financial sector and to that, we feel a sense of pride, worthy of celebration,
He said the association would continue to strengthen the capacity of its members as the communications profession evolves, with greater focus on artificial intelligence, data and digital media, as well as mentorship for young professionals entering the industry.
“Though the tools have changed since 1996, but the mandate remains same. We continue to earn trust, one credible message at a time, and we will guard it with the same discipline for the next 30 years and beyond,” he added.
While giving his address, Chairman of the occasion and 24th President of CIBN, Dele Alabi, described ACAMB’s 30-year journey as a testament to perseverance, professionalism and one that made far reaching impact the financial services industry should be proud of.
Alabi, who also commended Sipe’s leadership and recalled their years together at Ecobank Group, said ACAMB had helped strengthen communication, reputation and trust across the banking sector.
“Thirty years of shaping narratives and building trust reflects ACAMB’s critical role in strengthening communication, enhancing reputation and fostering trust across the financial services industry,” he said.
He urged communication professionals to embrace innovation without compromising ethics, in line with the CIBN’s IMPACT vision, which is built around inclusion, membership, professionalism and ethical conduct, accountability, competences & skills, and technology.
Representing the Deputy Governor of the CBN, Philip Ikeazor, the Acting Director, Corporate Communications and Investor Relations, Hakama Sidi Ali, said the banking industry was moving beyond stabilisation towards broader institutional transformation.
She challenged communication professionals to prioritise clarity over cleverness and to view customers as the ultimate test of the effectiveness and credibility of their communication.
“The credibility you carry into a crisis is built in quiet periods,” she said.
Delivering the keynote address, Managing Director/Chief Executive Officer of NIBSS, Premier Oiwoh, said the growth of digital banking had made trust even more critical, as financial services increasingly moved to mobile and digital platforms.
He noted that NIBSS had built Africa’s first mature instant payment system 15 years ago, adding that the evolution of digital banking had made trust a fundamental requirement for the continued growth of the financial system.
“Banking is all about trust. Without trust, banking cannot stand,” Oiwoh said.
Delivering a goodwill message on behalf of the Group Managing Director/CEO of UBA, Oliver Alawuba, the bank’s Group Head, Marketing and Corporate Communications, Alero Ladipo, commended ACAMB for creating a platform that brings communication professionals together across competing institutions.
“Thirty years is more than a milestone. It is evidence of relevance, resilience and the ability to evolve,” Ladipo said.
She noted that while banks compete in the market, communication professionals have a shared responsibility to strengthen confidence in the banking industry and maintain public trust in the financial system.
“Competition may separate us in the market, but there are moments when the industry must speak with a shared sense of responsibility,” she added.
Managing Director/CEO, Optimus Bank, Ademola Odeyemi, also commended ACAMB for it’s yeoman contributions over the years and shared vision, it has continued to effectively articulate on behalf of the banks, a feat that has helped the financial sector thrive collectively.
The anniversary celebration also featured networking sessions and recognition of professionals who have contributed to the growth of banking communication in Nigeria over the past three decades.






