By Seun Ibiyemi The Managing Director, Wema Bank, Mr Moruf Oseni, on Wednesday disclosed the bank’s plan to raise N200 billion in fresh capital to complete its capital raise exercise. Oseni, who made this known in a statement in Lagos,…
Wema Bank says it has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for the allotment of its N40 billion rights issue. Its Managing Director, Mr Moruf Oseni, disclosed this in a statement…
The Managing Director/Chief Executive Officer of Wema Bank, Moruf Oseni, has disclosed that after the fresh banking sector recapitalisation, the bank would retain its national licence while aiming for tier-1 banking status. Oseni said this during the week at the…
Wema Bank Plc has assured shareholders of its commitment to conducting the expected rights issue before end of this year adding that it just raised N21 billion Alternative Tier-1 Capital in line with the objective of increasing its capital base…
Wema Bank Plc in a statement been released has announced Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective from April 1, 2023. While briefing, it was noted that, after serving in acting capacity since January 1,…
The Board of Directors of Wema Bank Plc has appointed Moruf Oseni as its Managing Director/Chief Executive Officer, effective from April 1st, 2023. In a statement, the bank stated that Oseni will take over from Ademola Adebisi upon the latter’s…
