Nigeria: Wema Bank Plc Appoints Oluwayemisi Olorunshola as New Board Chairman

Wema Bank Plc Board of Directors has appointed Dr. (Mrs.) Oluwayemisi Olorunshola as its new Board Chairman.

The appointment which was contained in the company’s statement to the NGX was after the retirement of the current Board Chairman, Mr. Babatunde Kasali having attained the retirement age in line with the Bank’s Articles of Association.

Dr. (Mrs) Oluwayemisi Olorunshola joined the Bank as a Non-Executive Director in the year 2022 and until her new appointment, was the Chairman, of the Board’s Nomination and Governance Committee.

Before her joining the Bank, Olorunshola had worked with Unilever Nigeria Plc for fifteen (15) years with experience spanning across the supply chain, business re-engineering, and process management.

She has over ten (10) years of boardroom experience and business management.

She is a well-trained professional in various aspects of business management and corporate governance practices from various training facilities such as Four Acres Training Facility, Unilever UK, FITC, Leighton Academy, and H Pierson, and her work experience spans every aspect of the supply chain including Business & Production Planning, Procurement, Distribution, Import & Export, and Logistics Services.

Olorunshola is a director and a fellow of the International Institute for African Scholars, a Fellow, of the Institute of Management Consultants, Member, Institute of Directors, and a chartered member of the Nigerian Chartered Institute of Personnel Management.

An ardent believer in community development and in accordance with this interest, she is a volunteer in many civic activities where she has contributed greatly to the development of her community and other areas of influence.

She possesses a B.Sc. degree in Education & Economics from the Obafemi Awolowo University, Ile Ife, a Master of Business Administration degree from the University of Liverpool, UK, and a Doctorate in Business Administration from Walden University, USA.