Wema Bank Plc announced the appointment of Mr. Babatunde Kasali, a nonexecutive director, as the new Chairman of the Board.
Mr. Babatunde Kasali is a consummate professional with expertise in Audit, Risk Management, Compliance and Retail banking, spanning over 3 decades.
He has served as General Manager and Regional Bank Head for United Bank for Africa Plc., a bank he joined in 1996. During his time at the bank, he held several positions such as; Chief Inspector, Regional Director and Divisional Director.
He has also served as Managing Director of Resolution and Restructuring Company Limited, a subsidiary of the Asset Management Company of Nigeria (AMCON).
Mr. Kasali has been a Non-Executive Director at UAC of Nigeria Plc. since March 27, 2013 and was a Non-Executive Director of UACN Property Development Company Plc., from January 13, 2010 to March 24, 2013.
He had from February 2015 to November 26, 2015 served as a Non-Executive Director of Wema Bank Plc. Mr. Kasali is a Fellow of the Institute of Chartered Accountants of Nigeria.
He graduated with B.Sc. (Hons) Degree in Economics from Manchester Metropolitan University, UK in 1977.
The Board is confident that the appointment of Mr. Babatunde Kasali will lead to the continued transformation and growth of the Bank, particularly as the Bank positions itself as a market leader in Nigeria’s retail banking segment through technology and innovation.