Former Accenture Manager appointed Managing Director at Wema Bank

05 October 2018 Authored by

Lagos-based commercial bank Wema Bank has appointed Ademola Adebise as its Managing Director/ Chief Executive officer. The former Senior Manager at management consultancy Accenture replaces outgoing Managing Director Segun Oloketui, and will take office effective from 1st October. 

Ademola Adebise is a Chartered Accountant from Nigeria, with a Bachelor of Science in Computer Science from the University of Lagos and a Master of Business Administration in General Management from the Lagos Business School. He has three decades of professional experience under his belt, spanning the banking and consulting sectors.

He began his professional career at Chartered Bank, where he spent over a decade and eventually ascended to the position of Assistant General Manager. He then moved on to become the General Manager at the National Bank of Nigeria, where he was responsible for corporate banking, treasury and the electronic business unit.

After nearly two decades in the banking sector, Adebise made his first foray into management consulting when he joined Accenture Nigeria in 2005, where he leveraged his extensive experience in banking to support the financial services sector. He spent four years at the firm, where he was Senior Manager and Head of its Finance & Performance Management Practice.

Former Accenture Manager appointed Managing Director at Wema Bank

Since 2009, Adebise has been at Wema Bank, where he began as Executive Director and eventually ascended to the position of Deputy Managing Director last year. He succeeded in boosting his movement up the ranks by completing an Advanced Management Programme from the Harvard Business School in 2014.

Now, he has ascended to the helm of Wema’s operations, having been appointed the Managing Director/Chief Executive Officer as of October 1st. The outgoing Managing Drector Segun Oloketuyi announced his terminal leave in July this year, following which Adebise had already been named Acting Managing Director.

To support him in his new role, the bank has also appointed a new Deputy Managing Director Moruf Oseni, who will also take office from the 1st of October.The duo will help with the evolution of Wema to better fit the financial services landscape in Nigeria, where large-scaled digital disruption is afoot. 

Commenting on the appointments, Babatunde Kasali, Chairman at Wema Bank said, “In Ademola and Moruf, the Bank has two finance veterans with a wealth of experience in senior executive positions across a wide range of countries. With their proven track record in the financial services sector, the board is confident that their appointments will lead to the continued transformation of the Bank as it positions itself as a market leader in Nigeria’s retail banking segment through technology and innovation.”


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