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Wema Bank is changing its leadership as Segun Oloketuyi, its outgoing CEO begins his terminal leave next month. In his place, Ademola Adebise, has been announced as the new CEO, an elevation from his current function as deputy managing director.
Segun Oloketuyi served for nine years as CEO of the company since 2009 when he took office, with a task to return Wema bank to glory after the 2008 banking crisis which saw the collapse of banking institutions during that period.
Ademola Adebise, the newly appointed CEO, has been part of the bank’s executive management team since the transformation program began in 2009 and has played a pivotal role in the execution of the Strategic turn around programme for the Bank.
In a report filed with the NSE by Wema bank, Adebise is said to have over 28 years experience in the banking industry which is inclusive of his 4 years in management consulting, and has worked in various capacities in Information Technology, Financial Control & Strategic Planning, Treasury, Corporate Banking, Risk Management and Performance Management.
Before joining Wema Bank, Adebise was Head, Finance & Performance Management Practice at Accenture (Lagos Office) where he led various projects for banks in Business Process Re-engineering, Information Technology and Risk Management. He is an alumnus of the Advanced Management Program (AMP) of the Harvard Business School and a Bachelor’s degree holder in Computer Science from the University of Lagos. He obtained a Master’s degree in Business Administration (MBA) from the Lagos Business School
The Wema bank board says it is confident that the appointment of Adebise, 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.
