Moruf Oseni is the Managing Director and Chief Executive Officer of Wema Bank Plc. He has over 25 years of cognate experience, with more than 16 years at Senior to Executive Management levels.
He joined Wema Bank in June 2012 as an Executive Director. He has been part of the Bank’s Executive Management team since the transformation program began in 2012 and played a major role in the execution of the turnaround program of the Bank. He was responsible for the launch of ALAT – Nigeria’s 1st Digital Bank that has received multiple local and global accolades.
Following six (6) years as an Executive Director, Moruf then served as the Deputy Managing Director for four (4) years, with responsibility for several strategic functions in the bank including – Operations, Information Technology, Treasury, Retail, and Digital. Moruf also served as the Executive Compliance Officer of the Bank. He took over as the substantive MD/CEO of Wema Bank on April 1, 2023.
Before joining Wema Bank, Moruf was the CEO of MG Ineso Limited, a principal investment and financial advisory firm. Prior to MG Ineso, Moruf was a Vice President at Renaissance Capital, and an Associate at Salomon Brothers/Citigroup Global Markets in London.
Moruf is a member of the Board of Nigeria Inter-Bank Settlement System Plc. (NIBSS). He is also the Chairman of AFRIGO, the National Domestic Card Company (a subsidiary of NIBSS).
Moruf holds an MBA degree from the Institut European d’Administration des Affaires (INSEAD) in France, a master’s in finance (MiF) from the London Business School, and a B.Sc. in Computer Engineering from Obafemi Awolowo University (OAU), Ile-Ife, Nigeria. He is also an alumnus of both the Advanced Management Program (AMP) of the Harvard Business School and King’s College, Lagos. He is a Fellow of the Chartered Institute of Bankers of Nigeria (FCIBN), a member of the Institute of Directors (IoD), and a member of the Nigerian Institute of Management (NIM).
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