Wema Bank Plc has appointed a brand new deputy managing director (DMD) and an govt director (ED) following the upcoming retirement of Oluwole Akinleye, the deputy managing director of the {bank}.
Akinleye’s retirement commences on thirtieth November 2024 after 10 years of meritorious service on the {bank} and he’s to be succeeded by the manager director accountable for the Lagos Enterprise Directorate of the {bank}, Oluwole Ajimisinmi
Akinleye was appointed as an govt director of Wema Bank Plc. in December 2014 and have become the deputy managing director on April 1, 2023. As an govt director and later the deputy managing director, he oversees the Southwest enterprise, Company Banking Division, Buyer Expertise administration and Company Sustainability division of the {bank}.
He additionally performed a pivotal function in steering the {bank} in the direction of vital progress and success, demonstrating excellent management and dedication to excellence.
Based on the {bank}, “the board of administrators and the administration of the {bank}, hereby, specific their deepest gratitude to Akinleye for his invaluable contributions and unwavering dedication to the {bank}’s mission and imaginative and prescient.
“In keeping with the {bank}’s succession planning, the Board is happy to announce the appointment of Oluwole Ajimisinmi as the brand new deputy managing director, efficient December 1, 2024.
Ajimisinmi joined Wema Bank Plc in July 2009 as the corporate secretary/authorized adviser and was appointed to the Board as an govt director in July 2020.”
He has a sturdy wealth of expertise in banking and company governance. His appointment as the brand new deputy managing director of the {bank} is predicated on the power and variety of his expertise, his excellent strategic orientation, good product improvement and portfolio administration capabilities. He at the moment supervises the Lagos Enterprise Directorate and the Remedial/Restoration Division of the {Bank}.
In the meantime, the board has likewise appointed Olukayode Bakare as an govt director of the {Bank}.
Bakare is an ardent treasury and finance skilled with over 32 years post-graduation expertise from each teachers and banking sectors, respectively. Till his appointment, he was the divisional govt accountable for Treasury, Wholesale Funding & International Commerce Enterprise of the {Bank}.
He studied Economics on the Ogun State College and thereafter obtained an MSC from the University of Ibadan in 1995. He additionally holds an ACI dealing Certificates (Distinction) of the {Financial} Markets Affiliation, Paris, France. Olukayode has attended varied programs and seminars together with the Superior Capital Market program on the New York Institute of Finance, Digital Transformation at IMD, Lausanne, Switzerland and Altering the Recreation: Negotiation and Aggressive Choice-Making at Harvard Enterprise School. He’s an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria.
The board stated, it’s assured that with the appointments of Oluwole Ajimisinmi and Olukayode Bakare because the DMD and ED respectively, the {bank} will proceed to construct on its achievements and stay targeted on delivering distinctive worth to its stakeholders.



