Digital Bank MD of the Year: Mr Moruf Oseni, Managing Director, Wema Bank

Mr Moruf Oseni is the Managing Director of Wema Bank. He joined the bank in June 2012 as an Executive Director and has more than 25 years of experience, 16 years of which was spent at senior and executive management levels. He served as the Chief Executive of MG Ineso Limited, an investment bank before moving to Wema Bank.

He previously held the position of Vice President at Renaissance Capital. A graduate of Computer Engineering from Obafemi Awolowo University, Ile Ife, Mr Oseni has a Masters of Business Administration from the Institut European d’Administration des Affaires (INSEAD), France, as well as a Master’s in Finance from the London Business School.

Oseni played outstanding roles played within Wena Bank between 2012 and 2022 utilising his background as a Computer Engineering graduate of Obafemi Awolowo University to transform the bank from analogue operating system to a leading Digital bank in Nigeria. The creative initiatives driven by him resulted in the vibrant and bolstering digital payments of Wema Bank.

With the ALAT by Wema Bank, the bank has further positioned itself as the Digital bank for the future and is set to compete in the banking sector digital environment. Acknowledging that the future is digital, ALAT by Wema bank completely removes the need for a customer to walk into a branch and the testimonies by customers.