Wema Bank appoints four new directors

Wema Bank Plc has announced the appointment of four new directors to its board. They are Abolanle Matel Okoh and Babatunde Kasali as non-executive directors; Folake Sanu and Wole Akinleye as executive directors.

According to the statement, this brings to 14 the number of directors on the board of the bank and shows its continued commitment to the sustenance of corporate governance and adequate gender representation.

The Managing Director, Wema Bank, Mr. Segun Oloketuyi, expressed confidence that the appointment would bring quality representation to the board as well as support the management of the bank in its drive to build upon its recent achievements while positioning itself for further growth.

He also thanked the outgoing Director, Mr. Ramesh Hathiramani, for his immense contributions and the value he brought to bear during his time on the board.

It said the new directors were coming with over 10 decades of combined experience and had 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, had been offering its customers financial advisory services and a range of product and services in retail and the SME banking, commercial and corporate banking, it added.