Wema Bank at 78 Restates Commitment to People, Performance

Omolabake Fasogbon

Foremost financial institution, Wema Bank plc has vowed to sustain its growth trajectory which was attributed to investor’s support and employees’ enthusiasm to work.

Managing Director and Chief Executive Officer of Wema Bank, Moruf Oseni stated this during the celebration of the bank’s 78th and Alat at six anniversaries in Lagos, recently. 

It would be recalled that Wema bank recorded N39.35 billion gross earnings in the first quarter of 2023 financial period, its best in 13 years. 

According to him, the bank’s performance was a testament of its philosophy of ‘pro people, pro performance’ to business, adding that the bank’s best was yet to come.

He said, “We are happy to have restored the bank to the height of banking in Nigeria. Six years ago, we launched a grand breaking product called Alat which has proven to be a world class product. This in no little way has brought us back to the heart of banking in Nigeria.  

“We set N30 billion and indeed, we did N30 billion. Definitely, we will do much more next year. Our next target is to hit tier- one status. The bank is a confluence of two great banks, Wema and National and at that time, those two banks were in the top five banks in Nigeria. We are poised to return to those days.”

Oseni further expressed gratitude to the staff of the institution for believing in the bank’s leadership and their relentless support. He also tasked them to do more. 

“I believe there is no leadership without followership. Our quest to return to tier- one cannot be achieved without your support. Let’s work together to realise these tasks and I can assure you that we will flourish together as the bank flourishes”

The highlight of the colourful ceremony was a release of balloons in the sky to the cheer of staff and members of the community.