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Tag: Wema Bank

  • Wema Bank’s Hackaholics 5.0 finalists battle for N75m prize

    Wema Bank’s Hackaholics 5.0 finalists battle for N75m prize

    Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the top 10 teams proceeding to the grand finale of Hackaholics 5.0, following the pre-pitch which was held on Monday.  

    The top 10 finalists for Hackaholics 5.0 are University X, Empayment AI, BloomBeauty, Aceede, Fegor, Northino, Nimsy, MyTherapist, GbalePrime, and MyItura.

    The pre-pitch ceremony is the precursor to the highly anticipated Hackaholics 5.0 Grand Finale, scheduled for Wednesday, November 27, 2024, with the theme “Meta Idea: Catalysing Africa’s Growth Through Innovation”.

    Following their shortlisting to top 10, the finalists are set to prove their mettle, battling for N75,000,000 worth of prizes in the Hackaholics 5.0 Grand Finale. Included in this ₦75,000,000 prize package is ₦30 million worth of prizes for the grand prize winner, ₦20 million worth of prizes for the first runner-up, ₦15 million worth of prizes for the second runner-up and ₦10 million worth of prizes for the top women-led team.

    Beyond the prizes, winners will gain mentorship, networking opportunities, and resources to scale their innovations globally, potentially boosting Nigeria’s economy and contributing to the advancement of the African continent on the global scale.

    Highlighting the unique potential that Hackaholics holds for African development, Babatunde Mumuni, the Chief Transformation Officer of Wema Bank, expressed anticipation for the grand finale event. 

    Read Also: Wema Bank reiterates commitment to fraud awareness

    “Hackaholics embodies Wema Bank’s commitment to driving innovation and fostering youth empowerment. The enthusiasm demonstrated by the youth across the many institutions visited is evidence of the creativity and determination of young Nigerians and tech enthusiasts, seeking a platform to hone their skills and maximise their creativity. This is why we birthed Hackaholics”

    “Hackaholics not only underscores the role of technology and entrepreneurship in addressing Africa’s macroeconomic challenges and accelerating its socio-economic progress, but also takes the important step of providing a platform and enabling environment for this technology and entrepreneurship to thrive. 

    “These top 10 teams represent the next generation of game-changers who will shape Africa’s tech-driven future. We are proud to provide a platform that nurtures their groundbreaking ideas while empowering them to catalyse Africa’s growth through innovation. We look forward to seeing their ingenuity come to life at the grand finale”, Mumumi concluded.

    Hackaholics is Wema Bank’s youth and startup focused hackathon. Dubbed Hackaholics 5.0, the fifth edition of Hackaholics kicked off on April 18th, 2024, touring campuses across Nigeria and charging Nigerian youth to pitch tech-driven ideas across agriculture, finance, education, healthcare, sustainability, and artificial intelligence.

    With over 3,500 applications received, Hackaholics 5.0 has shortlisted the top 10 innovators to contest in the Hackaholics 5.0 Grand Finale for a share of N75,000,000 worth of prizes. 

  • Wema Bank reiterates commitment to fraud awareness

    Wema Bank reiterates commitment to fraud awareness

    •Hosts stakeholder engagement with EFCC, KPMG, Police, others

    Wema Bank has reinforced its commitment towards fraud-prevention even as it assured that it will deploy all mechanisms within its reach to bring such incidents to its barest minimum.

    The bank made this pledge at a public forum to mark the International Fraud Awareness Week 2024.

    The event tagged, “Share A Story, Stop A Scam” held at its corporate head office in Lagos.

    International Fraud Awareness Week is a global celebration commemorated annually in the third week of November, with the goal of highlighting the increasing threat that fraud poses on individual, business and societal levels, as well as encouraging individuals and institutions to take proactive steps towards minimising the impact of fraud.

    Mr. Moruf Oseni, the MD/CEO of Wema Bank who was represented by Tunde Mabawonku, the Bank’s Executive Director of Retail and Digital Business, emphasised the Bank’s commitment to championing fraud awareness and combating fraud.

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    According to him, “Fraud and scam are no longer news and with each day, fraudulent tactics continue to evolve with the evolution of digital banking. As an institution, we have a role to play and this is why we remain unrelenting in our fight against fraud. Awareness is key, so while we do the backend work of constantly innovating, running checks and advancing our security framework, we go a step further in ensuring that our customers are also equipped to, on their end, complement the work we do in terms of maintaining their financial security; and we do this through awareness, information and education.

    “Our commitment to driving fraud awareness goes beyond International Fraud Awareness Week because the truth is, awareness is a lifelong journey. With the digital evolution of constant proliferation, fraudsters are getting more creative in their tactics and the onus is on every one of us to keep spreading the word about rising fraudulent antics and how to handle them, to ensure that more people are aware and equipped to stay ahead of these fraudsters.

  • Wema Bank customers get N11m in promo

    Wema Bank customers get N11m in promo

    Over 131 customers at Wema Bank won a total of N11,000,000 in the first monthly draw of its 5 for 5 Promo Season 4.

    The Promo reward is an initiative launched in 2021 as a dedicated avenue to reward customer loyalty, already disbursed N153.3 million across the six geopolitical zones of Nigeria; and plans to reward customers N135,000,000 cash prize for this season alone.

    Season 4 of the Wema Bank 5 for 5 Promo kicked off on October 1, 2024, with a special Independence Day Draw that saw 64 customers win N5,000 each as Nigeria clocked 64.

    Since the season kicked off, a total of 544 customers have won N5,000 each in daily and weekly draws.

    The financial institution held the first monthly draw of the Wema Bank 5 for 5 Promo Season 4 at its newly commissioned branch in FESTAC, Lagos, where three millionaires emerged including Rosemary Etim Ekpo, Onochi Akubor, Augustina Chikaodinaka Chukwuemeka.

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    Wema Bank’s MD/CEO, Moruf Oseni, highlighted the Bank’s penchant for customer loyalty, emphasising its commitment to not only acknowledging this loyalty but also rewarding these customers.

    He said: “For us at Wema Bank, we do not take for granted the indispensable role that our customers play in our progress and success as a bank. We are deeply customer centric, and in appreciation for the loyalty and trust our customers continue to show us, we launched the Wema Bank 5 for 5 Promo with the goal of giving back to our customers. A deeper look into the journey of the 5 for 5 Promo would reflect how intentional we have been about increasing the rewards, optimising the eligibility criteria for financial inclusion and expanding our reach to ensure that more Wema Bank customers can win, regardless of their location.

    “As a Bank, we seize every opportunity to put smiles on faces, joy in hearts, dreams on acceleration; and we will never relent. For us, it is beyond just giving prizes, it is more about the needs we are solving, the businesses we are supporting or pushing forward and the lives we are impacting, especially in light of macroeconomic challenges. We have impacted over 500 lives in just one month, and there are about nine months to go with hundreds of millions in Naira, to be won. I encourage every Wema Bank customer to keep transacting via our alternative channels ALAT, *945# and card, and I also welcome every prospect to become a Wema Bank customer and begin to experience rewarding and seamless banking at its finest. Congratulations to the winners from the first monthly draw this season,” Oseni concluded.

    With an N11,000,000 total cash prize, the long-anticipated first monthly draw of the Wema Bank 5 for 5 Promo Season 4 saw 131 Wema Bank customers across Nigeria won cash prizes ranging from N25,000 to N1,000,000 each.

    Eighty customers won N25,000, 40 customers won N100,000, eight domiciliary account customers of the Bank won N250,000 and for the first time ever, with Wema Bank customers won N1,000,000 each in the Wema Bank 5 for 5 Promo monthly draws; topping the standard two millionaires monthly in the past seasons.

  • Wema Bank empowers over 40 SMEs in export trade

    Wema Bank empowers over 40 SMEs in export trade

    Wema Bank has concluded the first cohort of its Wema Export Trade Academy.

    The programme equips Small and Medium Enterprises (SMEs) with skills, insight, and resources for entering and thriving in the global market.

    The academy, which hosted over 40 participants in Lagos, highlights Wema Bank’s commitment to enhancing Nigeria’s economic landscape by opening global opportunities for local businesses.

    Wema Export Trade Academy provides hands-on support for SMEs tackling challenges in international trade.

    Led by top industry facilitators like Dr. Bamidele Ayemibo, the “Export Doctor;” anauthority in international trade education, and Dr. Nduka Udeh, founder of Shoptomydoor.com and a pioneer in cost-effective global logistics and procurement services, the five-day sessions delved into export documentation, compliance, financial planning, and risk management.

    Participants had a comprehensive understanding of the export process, including financial needs of exporters, global buyer expectations, and identifying potential international buyers.

    The SMEs now have the tools to approach global markets with greater knowledge, confidence, and strategy.

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    Reflecting on the academy’s impact, Dr. Ayemibo emphasised importance of sustainable practice and real-world insight: “What Wema Bank is trying to do is support SME businesses in the export space and those trying to come in. The goal is to help those doing exports to do it in a better and more sustainable way. The essence of the conversations we had in the past few days is for them to learn and implement; some of them who are here are exporting, and with the training, they realised they do some things wrongly and can do things better,” he said.

    Tajudeen Bakare, head of Operations, General Services, and BPR at Wema Bank, said: “We have over 40 participants from Nigeria in attendance, training and equipping them on how to access financing for their export businesses.

    “The SME businesses have established relationships with us; we are going to handhold them and grow their businesses. We are not just training and leaving them to struggle, we will equip them with resources; financial and skills, they require. It is going to be a partnership beginning with them.”

    A participant, Dele Badejo, a longtime importer, said the academy has been a transformative experience for him.

    “I have been in import for a few years, and I’m just going to start exporting. The scarcity of dollars has made me want to embrace export and for me, Wema Bank is doing a very laudable thing, because I see a lot of opportunities in export, looking ahead of crude oil in Nigeria there are better opportunities and even bigger opportunities that can create a lot of value chain for the country and the people also, I want to appreciate Wema Bank for thinking out of the box to bring out this initiative because I would be able to fund my export business.

    “This initiative is also very important for Nigeria as it will bring a lot of opportunities for many people because now I will be able to employ more people and for me, it’s an eye opener and I want to thank the management of Wema Bank for opening our eyes to these opportunities.”

  • Wema Bank rewards customers with 5 for 5 promo season 4 monthly draw

    Wema Bank rewards customers with 5 for 5 promo season 4 monthly draw

    Wema Bank has disbursed a total of N11,000,000 to 131 customers across Nigeria in the first monthly draw of its 5 for 5 Promo Season 4.

    5 for 5 Promo, is Wema Bank’s reward initiative launched in 2021 as a dedicated avenue to reward customer loyalty.

    Over 3 seasons, the initiative has disbursed N153.3 million to its customers across the six geopolitical zones of Nigeria; and with Season 4, the Bank raised the stakes significantly with a N135,000,000 cash prize slated for this season alone.

    Season 4 of the Wema Bank 5 for 5 Promo kicked off on October 1, 2024, with a special Independence Day Draw that saw 64 customers win N5,000 each as Nigeria clocked 64.

    Since the season kicked off, a total of 544 customers have won N5,000 each in daily and weekly draws.

    The financial institution held the first monthly draw of the Wema Bank 5 for 5 Promo Season 4 at its newly commissioned branch in FESTAC, Lagos.

    With an N11,000,000 total cash prize, the long-anticipated first monthly draw of the Wema Bank 5 for 5 Promo Season 4 saw 131 Wema Bank customers across Nigeria win cash prizes ranging from N25,000 to N1,000,000 each.

    80 customers won N25,000, 40 customers won N100,000, eight domiciliary account customers of the Bank won N250,000 and for the first time, Wema Bank customers won N1,000,000 each in the Wema Bank 5 for 5 Promo monthly draws; topping the standard two millionaires monthly in the past seasons.

    Among the three millionaires were Rosemary Etim Ekpo, Onochi Akubor, Augustina Chikaodinaka Chukwuemeka, and a customer from the FESTAC branch where the draw was held.

    Wema Bank’s MD/CEO, Moruf Oseni, highlighted the Bank’s penchant for customer loyalty, emphasising its commitment to not only acknowledging this loyalty but also rewarding these customers.

    Read Also: Wema Bank appoints new DMD, Executive Director

    He said: “For us at Wema Bank, we do not take for granted the indispensable role that our customers play in our progress and success as a bank. We are deeply customer-centric, and in appreciation for the loyalty and trust our customers continue to show us, we launched the Wema Bank 5 for 5 Promo with the goal of giving back to our customers. A deeper look into the journey of the 5 for 5 Promo would reflect how intentional we have been about increasing the rewards, optimising the eligibility criteria for financial inclusion and expanding our reach to ensure that more Wema Bank customers can win, regardless of their location.

    “As a Bank, we seize every opportunity to put smiles on faces, joy in hearts, and dreams on acceleration; and we will never relent. For us, it is beyond just giving prizes, it is more about the needs we are solving, the businesses we are supporting or pushing forward, and the lives we are impacting, especially in light of macroeconomic challenges. We have impacted over 500 lives in just one month, and there are about nine months to go with hundreds of millions in Naira, to be won.

    “I encourage every Wema Bank customer to keep transacting via our alternative channels ALAT, *945#, and card, and I also welcome every prospect to become a Wema Bank customer and begin to experience rewarding and seamless banking at its finest. Congratulations to the winners of the first monthly draw this season. Here is to many more daily, weekly, and monthly wins in the Wema Bank 5 for 5 Promo Season 4”, Oseni concluded.

  • Wema Bank appoints new DMD, Executive Director

    Wema Bank appoints new DMD, Executive Director

    Wema Bank Plc has appointed  Oluwole Ajimisinmi, as its new Deputy Managing Director (DMD). His appointment is effective December 1, 2024.

    This followed the imminent retirement of Oluwole Akinleye, the Deputy Managing Director of the Bank effective November 30, 2024, after 10 years of meritorious service on the board of the bank.

    Prior to his appointment, Ajimisinmi was an Executive Director in charge of the Lagos Business Directorate of the bank.

    The bank also appointed Olukayode Bakare as an Executive Director of the Bank.  Bakare is an ardent treasury and finance professional with over 32 years post-graduation experience from both academics and banking sectors, respectively. Until his appointment, he was the Divisional Executive in charge of Treasury, Wholesale Funding & Global Trade Business of the Bank.

    In a statement, the bank said: “Oluwole Akinleye was appointed as an Executive Director of Wema Bank Plc. in December 2014 and became the Deputy Managing Director on April 1, 2023. As Executive Director and later the Deputy Managing Director, he oversees the Southwest business, Corporate Banking Division, Customer Experience Management and Corporate Sustainability Department of the Bank. He also played a pivotal role in steering the bank towards significant growth and success, demonstrating outstanding leadership and commitment to excellence”.

    “The Board of Directors and the Management of the Bank hereby express their deepest gratitude to Mr. Akinleye for his invaluable contributions and unwavering commitment to the Bank’s mission and vision,” the board added.

    Read Also: Wema Bank to award N75m to innovators at Hackaholics 5.0

    Ajimisinmi joined Wema Bank Plc in July 2009 as the Company Secretary/Legal Adviser and was appointed to the Board as an Executive Director in July 2020. He has a robust wealth of experience in banking and corporate governance. His appointment as the new Deputy Managing Director of the Bank is based on the strength and diversity of his experience, his outstanding strategic orientation, good product development and portfolio management capabilities. He currently supervises the Lagos Business Directorate and the Remedial/Recovery Department of the Bank.

    He earned his first degree in Law from the University of Jos and his B.L from the Nigerian Law School. He is an alumnus of the prestigious General Management Program (GMP) at Harvard Business School.

    Bakare studied Economics at the Ogun State University and thereafter obtained an MSC from the University of Ibadan in 1995. He also holds an ACI dealing Certificate (Distinction) of the Financial Markets Association, Paris, France. He has attended various courses and seminars including the Advanced Capital Market program at the New York Institute of Finance, Digital Transformation at IMD, Lausanne, Switzerland and Changing the Game: Negotiation and Competitive Decision-Making at Harvard Business School. He is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria.

  • Wema Bank to award N75m to innovators at Hackaholics 5.0

    Wema Bank to award N75m to innovators at Hackaholics 5.0

    Wema Bank has hinted of plans to award the best innovators in Africa the sum of N75 million through its startup-focused tech competition, Hackaholics 5.0.

    The event, tagged, “Meta Idea: Catalysing Africa’s growth through innovation,” scheduled for November 27 will bring together Nigeria’s brightest innovators from universities and tech communities to pitch their digital solutions designed to drive Africa’s economic and social progress.

    These innovators will pitch their Digi-Tech solutions designed to solve real-world problems and contribute to Africa’s economic and social progress. 

    The event, a culmination of months of intensive competition, collaboration, and mentorship, will provide a platform for youth-led tech ideas to reach new heights.

    According to the statement by the bank,  the theme aims to showcase how tech-driven solutions can fuel Africa’s development by tapping into the continent’s growth potential through innovation and digital transformation.

    This year’s competition has engaged over 10,000 aspiring tech innovators and entrepreneurs nationwide, with 34 innovators selected to pitch their ideas at the pre-pitch stage.

    According to Moruf Oseni, MD/CEO of Wema Bank, “Hackaholics is a movement to equip Nigeria’s youth with skills, networks, and resources for Africa’s digital transformation. We’re excited to see how participants envision and build the Africa of tomorrow.”

    Read Also: Wema Bank wins best SME, digital innovation award

    He added that the winning team will receive ₦30 million, the first runner-up ₦20 million, and the second runner-up ₦15 million, while a special grant of ₦10 million will be awarded to the female-led team to promote gender diversity in tech innovation. 

    “Wema Bank’s Hackaholics underscores its commitment to shaping Africa’s future through innovation and entrepreneurship. The competition offers winners cash prizes, grants, mentorship, industry networks, and resources to scale their innovations globally.

    Launched in 2019, Wema Hackaholics has empowered thousands of young minds, providing a platform for tech-driven ideas to become reality. 

    “Hackaholics is a testament to the Bank’s commitment to shaping Africa’s future through innovation and entrepreneurship. Hackaholics 5.0 began with a nationwide call for entries earlier in the year and has engaged over 10,000 aspiring tech innovators and entrepreneurs across Nigeria. 

    “With 2,297 applications across 8 physical pitch centers and 1 virtual pitch center, 34 innovators across all locations are set to pitch their ideas at the pre-pitch stage ahead of the grand finale scheduled to hold in Lagos.

    “Through Hackaholics, Wema Bank has provided a platform for youth to channel their creativity and entrepreneurial spirit into actionable tech solutions that address Africa’s most pressing challenges. Over the years, the initiative has grown into one of the largest and most influential tech competitions in Nigeria, impacting thousands of young minds. 

    “The competition not only offers winners cash prizes and grants, but also access to mentorship, industry networks, and resources to help scale their innovations globally. This initiative is a key part of Wema Bank’s broader strategy to harness technology as a driver of socio-economic growth in Africa.”

  • Wema pledges more SMEs’ commitment to mark awards

    Wema pledges more SMEs’ commitment to mark awards

    Wema Bank has been recognised as the Best SME Bank and Excellence in Digital Innovation at 2024 Global Retail Banking Innovation Awards for its commitment to empower business and deliver digital solutions.

    The awards celebrate institutions reshaping the financial services landscape through innovations and customer-centric approaches.

    Wema’s award highlights its support for small and medium-sized enterprises (SMEs), while Excellence in Digital Innovation award recognises the bank’s success in pioneering digital experiences.

    , Moruf Oseni, managing/director and chief executive officer, hailed the recognition.

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    He said “receiving these awards is a testament to Wema Bank’s dedication to innovation and our support for SMEs. We are committed to delivering solutions that empower our customers. These recognitions inspire us to keep leading in digital transformation…”

    Through initiatives as SME loans and training, Wema strengthens backbone of the economy by providing SMEs resources to grow and compete effectively. These efforts affirm its role as a leader in SME support.

    On digital innovation, the bank has transformed banking experience through ALAT, digital banking bringing seamless solutions to Nigerians. Coop Hub – digital solutions for Cooperative Societies to manage their operations and ALAT Xplore, mobile app for teenagers introducing financial literacy and secure banking to young Nigerians.

    As Wema celebrates this achievement, it is focused on supporting sustainable growth. With a vision centred on progress and innovation, Wema continues to set benchmarks in Nigeria’s financial landscape, dedicated to fostering prosperity and enhancing banking experience for users.

  • Wema Bank wins best SME, digital innovation award

    Wema Bank wins best SME, digital innovation award

    Wema Bank earned recognition as the Best SME Bank in Nigeria and Excellence in Digital Innovation at the just concluded 2024 Global Retail Banking Innovation Awards. 

    These awards, according to the organisers,  underscore the bank’s commitment to empowering businesses and delivering transformative digital solutions that cater to evolving customer needs.

    The Global Retail Banking Innovation Awards celebrate institutions that are reshaping the financial services landscape through impactful innovations and customer-centric approaches. 

    Wema Bank’s Best SME Bank in Nigeria award highlights its exceptional support for small and medium-sized enterprises (SMEs), while the Excellence in Digital Innovation award recognises the bank’s success in pioneering digital experiences that redefine convenience and accessibility.

    Commenting on the awards, Moruf Oseni, MD/CEO Wema Bank, expressed pride in the recognition. 

    According to him: “Receiving these awards is a testament to Wema Bank’s dedication to innovation and our unwavering support for Nigerian SMEs. 

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    “We are committed to delivering world-class banking solutions that empower our customers. These recognitions inspire us to keep leading the way in digital transformation, helping Nigerian businesses thrive in a competitive world.”

    Through initiatives like accessible SME loans and tailored training programs, Wema Bank strengthens the backbone of Nigeria’s economy by providing SMEs with essential resources to grow and compete effectively. These efforts affirm Wema Bank’s role as a leader in SME support, enabling businesses to contribute meaningfully to national development.

    On the digital innovation front, Wema Bank has transformed the banking experience through ALAT, Africa’s first fully digital bank, bringing seamless banking solutions to the fingertips of Nigerians. Coop Hub – First digital solutions for Cooperative Societies in Nigeria to manage their operations and recently, the launch of ALAT Xplore—Nigeria’s first licensed mobile banking app designed for teenagers—introduced financial literacy and secure banking to young Nigerians, equipping the next generation with essential skills for a financially responsible future.

  • Wema Bank emerges best workplace in Nigeria

    Wema Bank emerges best workplace in Nigeria

    The bank earned the recognition at the just concluded Great Place To Work 2024 Awards in Lagos.

    Great Place To Work (GPTW) is the global authority on workplace culture, reputed for its role in promoting healthy work culture by assessing organisational culture from the perspective of the employees, celebrating organisations that demonstrate an unwavering commitment to employee wellbeing, and challenging other organisations to improve on their employee support efforts.

    Wema Bank not only bagged its second consecutive Great Place To Work Certification in September 2024 but has now been awarded No. 1 Best WorkPlace in Nigeria.

    Wema Bank has made a name for itself across various verticals and areas of impact, demonstrating an unwavering commitment to empowering lives on all levels, from individuals to businesses, institutions to industries, customers and all stakeholders, with an unyielding focus on its employees as well.

    An elated Moruf Oseni, Wema Bank’s MD/CEO, dedicated the award to the employees of Wema Bank, whom he referred to as ‘Wema Knights’, adding that the award serves to fuel the Bank as it remains resolute in its commitment to providing an unparalleled work experience for its employees as well as a seamless banking experience for its customers.

    “We are honoured to receive this award and I thank Great Place To Work for the commendable work, as well as every employee of Wema Bank, for your unwavering commitment and loyalty to Wema Bank. This award speaks volumes to us because it not only reflects our employees’ true perception of the Bank, it also shows us how far we have come as a Bank and challenges us to go even further in exceeding all expectations, breaking new ground and resetting the standards of excellence for the best, as we continue to provide optimum value for every stakeholder; externally and especially internally. As a Bank, we have become the standard for innovation and our mission to empower lives through innovation is a lifelong commitment that we will never relent on.

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    “Wema Bank has grown into Nigeria’s leading innovative bank and we fully recognise the indispensable role that our employees have played in bringing us this far as a Bank. So today, I dedicate this award to every Wema Knight in every part of Nigeria. You are the lifeblood of Wema Bank and I take this moment to reiterate our commitment to you. Wema Bank will forever be pro-people and we will continue to go above and beyond in providing a fulfilling, rewarding, productive, empowering and exceptional work experience for every employee.

    To our customers and other stakeholders, this award represents a charge which we have undertaken in our nature of exceeding expectations, so rest assured, Wema Bank is more fuelled than ever to go above and beyond in providing optimum value for our customers, shareholders, partners and every other stakeholder of the Bank.

    To our employees, I thank you again for trusting the vision and supporting the mission. Here’s to many more milestones and achievements together as Knights of Nigeria’s most innovative Bank, Wema Bank,” Oseni concluded.

    Wema Bank is also known to host one of the largest organisational sports competitions, Wemalympics; a tournament which the Bank’s employees eagerly anticipate and proudly promote annually.

    With highly competitive salaries, a Cost-Of-Living Adjustment (COLA) which the Bank pays to Non Full-Time Equivalent employees, a comprehensive welfare package with adequate HMO and pension benefits, strategic facilities like the Purple Crèche for employees with infants, a fully-equipped Gym for fitness enthusiasts and a host of other benefits, Wema Bank has continued to raise the standards for employee support, positive work culture and exceptional work-life balance among institutions and organisations. Wema Bank has proven beyond doubt that it is unequivocally deserving of the recognition as No. 1 Best WorkPlace in Nigeria.

    Wema Bank gained its first Great Place To Work Certification in 2023, winning 4 awards including 2nd Best Place to Work in Nigeria (Large Corporate Organisation Category), Best in Promoting the Culture of Innovation by All, Best in Promoting Learning and Development Practices and The Victor Ligbago Award for Best Workplace for Millennials.

    This year, Wema Bank, in its usual fashion, surpassed its 2023 record by not only bagging its second consecutive Great Place To Work certification, but also winning the Platinum Award as No.1 Best WorkPlace in Nigeria and two other awards which include the Best in Promoting Culture of Innovation By All and the Best in Delivery of Learning and Development Practices; a testament to the Bank’s unwavering commitment to its employees.