Wema Bank Plc has announced the appointment of two Non-Executive Directors to its Board of Directors following the approval of the Central Bank of Nigeria.
The two new directors are Prince Olusegun Adesegun and Adeyemi Adefarakan, both of whom are bringing a wealth of corporate administrative experience to the bank.
Adesegun is a Psychologist with a Masters’ Degree in Industrial Psychology from the University of Ibadan. He worked in Pyramid Products Limited, starting as 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 grow from a small producer to a large, world-class Agric-Export firm.
Between 2011 to 2015, Adesegun served as the Deputy Governor of Ogun State. He is currently a Career Counsellor and Consultant for high-quality investment decisions.
In a career that spans 20 years, Adefarakan joins Wema Bank’s Board of Directors with valuable experience in global investment banking, portfolio risk, asset, and financial management exposure.
Speaking on the appointments, Ademola Adebise, Managing Director/CEO of Wema Bank said: “It thrills us to welcome the new appointees to the Board of Wema Bank. The decision to appoint Yemi and Olusegun is because of their wealth of experience in corporate and public administration which is key to the success of the Board of Wema Bank. We believe their skills and industry will be valuable to the bank as we work to actualize our goals of becoming the Most Dominant Digital Banking Platform in Nigeria.
