Oluwole Ajimisinmi

Wema Bank Picks Oluwole Ajimisinmi as Deputy Managing Director

By Aduragbemi Omiyale

Mr Oluwole Ajimisinmi has been appointed as the new Deputy Managing Director of Wema Bank Plc following the retirement of Mr Oluwole Akinleye from the position.

The appointee joined the financial institution in 2009 as Company Secretary/Legal Adviser before becoming an executive director the next year.

With years of experience in corporate governance, strategic leadership, and banking, he is well-positioned to steer the bank towards its next phase of growth and innovation, according to a statement obtained by Business Post.

Mr Akinleye, who is expected to officially exit the seat for Mr Ajimisinmi on Saturday, November 30, 2024, has been a vital pillar of Wema Bankโ€™s growth and transformation.

Over the past decade, he has demonstrated exemplary leadership across various capacities, including overseeing the Southwest Business, Corporate Banking Division, Customer Experience Management, and Corporate Sustainability. His tenure has been marked by significant contributions to the bankโ€™s strategic objectives and market positioning.

In expressing gratitude for his service, the board thanked him for his dedication and strategic foresight in the transformation journey of the lender, wishing him the very best in his future endeavours.

Also, Wema Bank has appointed Mr Olukayode Bakare as an executive director, effective the same date. A seasoned finance and treasury expert with years of industry experience, Mr Bakare has been a key driver of Wema Bankโ€™s Treasury, Wholesale Funding, and Global Trade Business.

It was stated that his extensive expertise and leadership would further bolster the bankโ€™s commitment to delivering innovative financial solutions.

Wema Bank noted that it picked the duo of Mr Ajimisinmi and Mr Bakare because of the expectations that their leadership will propel the company to new heights, ensuring sustained innovation and value creation for its stakeholders.