Moruf Oseni, managing director/CEO, Wema Bank, says the lender is committed to continued service and value delivery to Nigerians beyond its 80th anniversary.
Wema Bank, one of Nigeria’s oldest indigenous institutions, is set to mark 80th anniversary on May 2, 2025.
Founded on May 2nd, 1945, as Agbonmagbe Bank Limited by Late Matthew Adekoya Okupe, and two others, the bank was established to bridge the gap in access to financial services for indigenous Nigerians during the colonial era.
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Over the years, Wema Bank has built a legacy of impact, empowering Nigerians with quality financial services tailored to their needs and supporting the Fintech industry to innovate to remain valuable to customers and stakeholders
Oseni, speaking on the journey of the bank so far, expressed commitment to continued delivery of optimum value to stakeholders beyond the anniversary.
According to him, Wema Bank’s founding principle of empowerment and its creed to “be with you all the way” speak to resilience, timelessness, and perpetuity.
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“At Wema Bank, we have our creed, which is to be with you all the way. Anything that has the creed to be with you all the way simply means it is something that is built to last. Wema Bank rose against all odds in colonial Nigeria to cater to indigenous Nigerians and succeeded.
“Today, we are not just Nigeria’s oldest indigenous bank but also Nigeria’s leading innovative bank, a testament to how committed we are to reinventing and adapting to provide value. On this, we will never relent,” Oseni noted.
