Dr. (Mrs) Oluwayemisi Olorunshola

Chairman

Dr. (Mrs) Oluwayemisi Olorunshola is an experienced Supply Chain professional and a

business associate with over 15 years experience in a multinational organisation and over 10 years as a business manager, She possesses a B.Sc. Education degree in Education & Economics from the prestigious Obafemi Awolowo University, Ile Ife, a Master of Business

Administration degree from University of Liverpool, UK, and a Doctorate degree in Business Administration from Walden University, USA.

She Is a well trained professional in various aspects of business management and her work experience spans every aspect of the supply chain including Business & Production Planning procurement, Distribution, Import & Export, and Logistics Services, She is a lover of education. Her widely read publication on small business sustainability strategies was published in the journal of Functional Education FEAcademia), Proguest. com, and Academia,edu, has been referenced by many scholars.

Dr. Olorunshola is a fellow of the International Institute for African Scholars and a chartered member of the Nigerian Chartered Institute of Personnel Management. An ardent believer in community development and in pursuant of this interest, she is a volunteer in many civic activities where she has contributed greatly to the development of her community and other areas of influence.

Dr. (Mrs) Oluwayemisi Olorunshola joined the Board of Wema Bank Plc. in January 2022.

Moruf Oseni

Managing Director

From an early career in technology at the Nigeria Liquified Natural Gas Company, Mr. Oseni has risen rapidly and shaped himself into a renowned finance and management expert.

Previously an Executive Director responsible for Wema Bank’s consumer and SME banking, payments, e-business and the award-winning ALAT digital bank, Mr. Oseni joined the bank from MG Ineso Limited, a principal investment company, where he was CEO. He has also held key roles at Renaissance Capital and Salomon Brothers/Citigroup Global Markets in London and New York.

An alumnus of Obafemi Awolowo University, where he studied Computer Engineering, Mr. Oseni holds a Masters in Finance from London Business School, an MBA from the prestigious Instituit European d’Administration des Affaires (INSEAD) in France and has completed the Advanced Management Program at Harvard Business School.

He is an honorary senior member of the Chartered Institute of Bankers of Nigeria and a member of the Lagos State Economic Advisory Committee.

Moruf Oseni became a member of the Board of the Bank in June 2012.

Wole Akinleye

Deputy Managing Director

Previously a Group Head at StanbicIBTC, Mr. Akinleye uses his years of experience across most key areas of banking operations to coordinate Wema Bank’s business activities in Southern Nigeria - a major operational region for the bank.

A fellow of the Institute of Chartered Accountants of Nigeria, he studied accounting at Obafemi Awolowo University and holds an MBA in Finance from the same institution.

Mr. Akinleye is widely traveled and has completed several senior leadership training programs around the world.

Wole became a director of the Bank in December 2014.

Oluwole Ajimisinmi

Executive Director

Oluwole is an experienced Banking professional with years of experience in legal financial risks and ensuring compliance.
Having started his career as a solicitor for law firms, he began his journey in banking with Prudent Bank. He led the Legal Team that worked on the successful consolidation of five banks that included Prudent Bank Plc, EIB International Bank Plc, Cooperative Bank plc, Bond Bank plc and Reliance Bank Limited to form Skye Bank Plc.

He went on to serve as Head, Legal Services Department for Skye Bank, overseeing legal services for the 207 branches of the bank and became the Secretary and Legal Adviser of Wema Bank where he oversaw responsibility of proffering opinions on all legal related issues including but not limited to securitization of Credits bankwide.

A law graduate from University of Jos, Jos, Wole Ajinminsinmi is an Associate Member of the Institute of Chartered Secretaries & Administrators of Nigeria and UK, (ACIS) June, 1995 and once worked as a staff of Ernst & Young International between 1999 and 2000.

He is also an ICAN Professional Examination Assessor and a member, Institute of Advanced Legal Studies, University of Lagos, Akoka Lagos.

He is currently an Executive Director at Wema Bank Plc.

Oluwole became a member of the Board of the Bank in July 2020.

Chukwuemeka Obiagwu

Executive Director

Chukwuemeka Obiagwu is a multi-disciplinary professional with a background in accounting, insurance, corporate finance, stockbroking and public finance. He has over three decades' experience in banking, financial services and public service.

Early in his career at Fidelity Bank Plc, Obiagwu successfully repositioned and grew a subsidiary which he eventually led as the Group Managing Director and Chief Executive. He was also a Non-executive Director of Fidelity Pension Managers, where he also served as Chairperson of the Board, Audit Committee.

In January 2016, he joined the Federal Inland Revenue Service (FIRS) as a Director after 20 years of service at Fidelity Bank. At FIRS, Obiagwu handled enforcement. He also served as a member of the Technical Committee of the Board and Chairperson of the Budget Committee of FIRS, among other roles.

An alumnus of the Lagos Business School (SMP 16), Obiagwu got an Executive Certificate in Economic Development at Harvard Kennedy School of Government Boston, Massachusetts USA. He has attended various Executive Business Education courses in reputable institutions including INSEAD Business School, Fontainebleau, France and Kellogg School of Management, among others.

Obiagwu is a fellow of the Institute of Chartered Accountants of Nigeria (ICAN); fellow, Chartered Institute of Stockbrokers; Honorary Senior Member, Chartered Institute of Bankers of Nigeria; Fellow, Chartered Institute of Taxation; and Associate, Chartered Insurance Institute (London).

Emeka Obiagwu joined the Board of the Bank in April 2021.

Tunde Mabawonku

Executive Director

Tunde has close to 20 years post-qualification experience in Banking with a vast experience cutting across Financial Control, Performance Management and Strategy related functions.

He played a key role in the Digital transformation team that berthed the 1st Digital Bank in Africa – ALAT.

Prior to his present role, Tunde worked in Skye Bank (now Polaris Bank) as the Head of Enterprise Performance Management and subsequently, Head of Human Capital management.

He also has experience in the Oil and Gas sector having taken a break from Banking to serve as a member of the Global Development program for Chevron Corporation.

A fellow of ICAN, Tunde has a Masters in Finance at the London Business School. He is also a Chartered member of CITN and an HCIB.

Tunde was appointed a director of the Bank in April 2023

Abolanle Matel-Okoh

Non-Executive Director

An attorney with over 20 years of experience in Nigeria and the United States of America, Mrs. Matel-Okoh is a member of the Nigerian Bar and the New York State Bar.

She is well trained in the effectiveness of corporate boards, risk management and advanced strategy for Directors. She is the CEO of Havilah Ventures and is on the board of a number of non-profit organizations.

Abolanle became a Non- Executive Director of the Bank in January, 2015.

Ibiye Asime Ekong

Non-Executive Director

lbiye is a finance professional with over 28 years' experience in Accounting and Banking and Finance with a passionate bias for Retail Banking. She started her professional working career as Management Trainee and later Assistant Treasurer at John Holt Plc where she was charged with funds management and foreign exchange bidding management. She later joined banking at Chartered Bank Plc's Correspondent Banking Unit, and was at one time, the Treasurer of the bank managing the bank's assets and liabilities.

She was part of the pioneer team that transformed the operations of Prudent Merchant Bank to commercial banking, contributing to the growth and development of Prudent Bank in various senior management capacities, to wit: Senior Manager (Treasury), Assistant General Manager (Treasury), Deputy General Manager (Corporate Banking Group). From 2006, as part of the consolidated Skye Bank Team, she was General Manager (Business Development) and Head of Enterprise Risk Management before becoming an Executive Director in charge of the South-South, Edo, Delta and South-East Regions of the bank, as well as Head of the retail banking team.

She retired from Skye Bank Plc as an Executive Director.

Ibiye is a Fellow and former Council Member of the Chartered Institute of Bankers of Nigeria (CIBN) and currently serves on the Finance and General Purposes Committee of the Governing Council of the CIBN. She is also a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and member of the Institute of Directors (loD) and the Risk Management Association of Nigeria.

She served as a member of the Audit Committee of Nigerian Interbank Settlement System (NIBSS) and member of the Audit Committee of the Chartered Institute of Bankers of Nigeria (CIBN) and member of several other committees of the CIBN.

Ibiye joined the Board of the Bank in September 2020

Prince Olusegun Adesegun

Non-Executive Director

Prince Olusegun is a Psychologist with a Masters’ Degree in Industrial Psychology from the University of Ibadan.

He started his career at Pyramid Products Limited as a Manager in Training and rose to become the General Manager of the then Eastern Zone in 1988. Upon retirement, he engaged in private business and has over time garnered experience in marketing administration, management, and supply chain logistics solutions. He eventually became the CEO of Pecol Ventures Limited – a cash crop export and paper products company which he helped to grow from a small producer to a large, world-class Agric-Export firm.

Between 2011 - 2015, Prince Olusegun served as the Deputy Governor of Ogun State. He is currently a Career Counsellor and Consultant for high-quality investment decisions.

Olusegun joined the Board in July 2021

Adeyemi Adefarakan

Non-Executive Director

In a career that spans 20 years, Adeyemi Adefarakan has valuable experience in global investment banking, portfolio risk, asset, and financial management exposure. He graduated with a BSc (Hons) in Economics & Accountancy from the prestigious City University, London, and holds a master’s degree in International Securities, Investment & Banking from the acclaimed ICMA Centre at the University of Reading, U.K. He is also an alumnus of the Emerging CFO: Strategic Financial Leadership Programme at Stanford Graduate School of Business, USA, and currently pursuing a Global CEO Africa Programme in the triumvirate of business schools comprising Lagos Business School, Strathmore Business School (Nairobi, Kenya) and Yale School of Management (Connecticut, USA). Adeyemi forged his career on the trading floors of some of London’s financial powerhouses including State Street Global Markets, DRW Investments, JP Morgan Chase, Deutsche Bank and HSBC Global Asset Management. In his years in London, he traded both vanilla and complex instruments and risk-managed multi-billion-dollar multi-asset portfolios. He currently serves as the Group Chief Financial Officer and an Executive Director on the board of CBSL (Continental Broadcasting Service Limited) alongside other board positions where he creates and extracts shareholder value through active board engagement.

Adeyemi became a director of the Bank in July 2021

Mrs Bolarin Okunowo

Non-Executive Director

Mrs Bolarin Okunowo is a seasoned business leader and finance specialist with over 17+ years of experience in a range of roles spanning investment banking and financial services, manufacturing, oil and gas, real estate, and hospitality, She is the Managing Director/Chief

Executive Officer of Chemical and Allied Products PIc (CAP PIc), a subsidiary of LAC of Nigeria Pic CUACN"), and the manufacturers of leading paint brands • Dulux, Sandtex and Caplux In Nigeria. Prior to her executive appointment at CAP Pic, Bolarin served as the immediate past Managing Director/CEO of Portland Paints and Products Nigeria Pic ("Portland Paints"), a subsidiary of LACN, At Portland Paints, she led a turnaround of the business and the implementation of the successful merger with CAP Plc In July 2021.

Prior to joining the UACN Group, she was the Head, Energy & Infrastructure Finance at Stanbic IBTC Capital ("Stanbic") with responsibility for the oil and gas, power, and infrastructure debt finance portfolio, Prior to Stanbic, Bolarin worked with ARM Investments Managers and PricewaterhouseCoopers. Bolarin is a qualified Chartered Accountant; she holds a bachelors degree in Commerce from the University of Birmingham UK and a masters degree In Information Systems from the prestigious London School of Economics.

Bolarin has served in various capacities on the boards of various publicly listed companies. She is currently à Non-Executive Director of Livestock Feeds PIc and chairs the Board Risk Management Committee.

Bolarin Okunowo became a director in the Bank in January 2022.