Ademola Adebise

Last updated
Ademola Adebise
Born1966 (age 5758)
Lagos State, Nigeria
Alma mater
Years active1988-Present

Ademola Adebise is the previous Managing Director (October 1 2018 - March 31 2023) [1] of Wema Bank Plc. [2] handing the baton over to Moruf Oseni.

Contents

Early childhood

Adebise was born on October 31, 1966, in Lagos to the family of Mr & Mrs Adegoke Adebise. He attended the Surulere Baptist Primary School between 1972 and 1978, the Lagos Baptist Academy in 1978 after which he gained admission into the University of Lagos where he obtained a bachelor's degree in Computer Science between 1983 and 1987.

Adebise has a master's degree in Business Administration (MBA) from the Lagos Business School and attended the Advanced Management Program (AMP) of the Harvard Business School.

Career

Adebise worked as a Programmer/Systems analyst at an indigenous Information technology company in Nigeria in 1988 before he started his banking career at the Information technology department of Chartered Bank (Now Stanbic IBTC bank).

He has worked in the following capacities:

• Head of Information technology and the Chief financial officer (CFO) of the Chartered Bank (1989 and 2000)

• Assistant General Manager at National Bank, supervised Risk Management, Treasury and Corporate Banking (2001 to 2005)

• General manager at National Bank (2005).

• Head of the Finance & Performance management Practice for Nigeria at Accenture (2005 - 2009)

• Executive director in charge of South Bank, Deputy Managing Director (supervising Corporate Banking, Treasury, and Support Functions at Wema Bank (2009 to 2017)

• Managing Director at Wema Bank (2018 - 2023).

Adebise currently serves as a Non-Executive on the boards of AIICO Insurance Plc, AIICO Capital Limited and Nigeria Inter-Bank Settlement System Plc (NIBSS) following his retirement as the MD/ CEO of Wema Bank on March 31, 2023. [3]

Personal life

Adebise is married to Adejumoke Adebise and they have three children together. He is a practising Christian, involved in Community Development and an avid supporter of Arsenal F.C.

Related Research Articles

<span class="mw-page-title-main">Oba Otudeko</span> Nigerian businessman

Oba Otudeko CFR is a Nigerian businessman who serves as the founder and chairman of the Honeywell Group. He was a former chairman of FBN Holdings and founder of the Oba Otudeko Foundation. As of June 2017, his estimated net worth was US$550 million.

<span class="mw-page-title-main">Central Bank of Nigeria</span> Central Bank of Nigeria

The Central Bank of Nigeria (CBN) is the central bank and apex monetary authority of Nigeria established by the CBN Act of 1958 and commenced operations on 1 July 1959. The major regulatory objectives of the bank as stated in the CBN Act are to: maintain the external reserves of the country, promote monetary stability and a sound financial environment, and act as a banker of last resort and financial adviser to the federal government. The central bank's role as lender of last resort and adviser to the federal government has sometimes pushed it into murky regulatory waters. After the end of imperial rule, the desire of the government to become proactive in the development of the economy became visible, especially after the end of the Nigerian civil war, the bank followed the government's desire and took a determined effort to supplement any show shortfalls, credit allocations to the real sector. The bank became involved in lending directly to consumers, contravening its original intention to work through commercial banks in activities involving consumer lending.

<span class="mw-page-title-main">First Bank of Nigeria</span> Nigerian multinational bank

First Bank of Nigeria Limited is a multinational bank and financial services company in Lagos, Nigeria. First Bank is owned by FBN Holdings PLC, which in itself has diversified ownership with over 1.3 million shareholders.

<span class="mw-page-title-main">First City Monument Bank</span> Nigerian bank

First City Monument Bank (FCMB), a member of FCMB Group Plc, is a financial services holding company headquartered in Lagos. FCMB Group Plc has nine subsidiaries divided among three business groups: commercial and retail banking, investment banking, and asset and wealth management. As of December 2020, the group's total assets were valued at US$5 billion.

Adémọ́lá is both a given name and a surname of Yoruba origin, meaning "the crown or royalty along with prestige and wealth". Notable people with the name include:

Aderemi Waheed Babalola is a banker and former minister of the Federal Republic of Nigeria.

<span class="mw-page-title-main">Wema Bank</span>

Wema Bank Plc, commonly known as Wema Bank, is a Nigerian commercial bank. It is licensed by the Central Bank of Nigeria; the regulator of the nation's banking sector. As of 2019, Wema bank operates the largest digital banking system in Nigeria, ALAT By Wema, which is fully in use in all of the nation's thirty seven states and territory.

Olabisi “Bisi” Stephen Onasanya is a former Group Managing Director and Chief Executive Officer of First Bank of Nigeria Limited. He was before this appointment the Managing Director/Chief Executive Officer of First Pension Custodian, and began his career with Arthur Young, an American audit firm. A chartered accountant, Onasanya is credited with pioneering initiatives in Nigeria’s nascent pension custody industry that helped define best industry practices.

<span class="mw-page-title-main">Gbenga Shobo</span>

Gbenga Francis Shobo is currently Deputy Managing Director, First Bank of Nigeria Limited; prior to which, he was Executive Director, Retail Banking with the bank. A chartered accountant, Gbenga began his career with Coopers & Lybrand, a firm of chartered accountants, in 1986. Thereafter, he joined Victory Merchant Bank, commencing a career in banking that has spanned 23 years.

<span class="mw-page-title-main">Herbert Wigwe</span> Nigerian accountant and banker

Herbert Onyewumbu Wigwe CON is a Nigerian banker and entrepreneur. He is currently CEO of Access Holdings Plc, traded as Access Corporation. Herbert was the Group Managing Director/CEO of Access Bank plc, one of Nigeria's top five banking institutions, after succeeding his business partner, Aigboje Aig-Imoukhuede in January 2014 till April 2022.

<span class="mw-page-title-main">Bola Akindele</span> Nigerian Businessman and philanthropist (born 1963)

Adebola Ismail Akindele is a Nigerian entrepreneur, business strategist and philanthropist. He is the Group Managing Director of Courteville Business Solutions, a provider of information technology, consulting, and business process outsourcing services. He is a member of the board of advisors of the East Africa Business Network (EABN). He was recognized as one of the "21 Nigerian tech CEOs at the top of their game" by the African Business Central magazine.

<span class="mw-page-title-main">Lagos Baptist Academy</span> School in Lagos, Nigeria

Lagos Baptist Academy is a Baptist secondary school located in Obanikoro, Lagos, Nigeria. The school is regarded as a sister school to Reagan Memorial Baptist Girls' Secondary School, Yaba, Lagos and Baptist Girls' Academy, Obanikoro, Lagos. It is affiliated with the Nigerian Baptist Convention.

<span class="mw-page-title-main">Afrinvest</span>

Afrinvest Limited is a Nigerian capital market holding company with specialized subsidiaries focusing on the unique but integrated wealth management needs of clients in West Africa. The subsidiaries are Afrinvest Asset Management, Afrinvest Capital, Afrinvest Consulting, Afrinvest Securities and Afrinvest Trustees.

<span class="mw-page-title-main">Nnamdi Okonkwo</span>

Nnamdi John Okonkwo is the immediate past Chief Executive Officer/ Managing Director of Fidelity Bank Nigeria, a position he was appointed to January 2, 2014, from his former role as the executive director of South Directorate at Fidelity Bank Nigeria. He also was the Executive Director of Commercial and Consumer Banking South Directorate. Before joining the bank, he occupied the chief operating officer position in the United Bank for Africa subsidiary in Ghana.

Mukhail Adetokunbo AbiruFCA is a Nigerian banker and politician. He is the Senator representing the Lagos East Senatorial District at the 9th Nigerian National Assembly.

<span class="mw-page-title-main">Tayo Aderinokun</span> Nigerian entrepreneur

Olutayo Aderinokun was a Nigerian entrepreneur who until his death was the CEO of Guaranty Trust Bank. He was also a recipient of the Member of the Federal Republic, one of Nigeria's prestigious national awards.

<span class="mw-page-title-main">Lucy Surhyel Newman</span> Nigerian policy consultant

Lucy Surhyel Newman is an international consultant, policy advisor and author.

Harriet-Ann Omobolanle (Bola) Adesola is the senior vice-chairman at Standard Chartered Bank Group where she was previously the CEO of Standard Chartered Bank for Nigeria and West Africa. Adesola has over 25 years of experience in the banking sector.

Abubakar Suleiman, popularly called Abu, is a Nigerian banking and economics professional and the current Managing Director/Chief Executive Officer of Sterling Bank, a leading nationally licensed commercial bank in Nigeria.

<span class="mw-page-title-main">Moruf Oseni</span>

Moruf Oseni is a Nigerian business executive currently serving as the Managing Director/CEO of Wema Bank Plc.

References

  1. "At Wema Bank, Moruf Oseni Steps in As New Managing Director, Ademola Adebise Retires". thisdaylive.com.
  2. "Ademola Abimbola Adebise, Wema Bank PLC: Profile and Biography". Bloomberg.com. Retrieved 2021-02-14.
  3. "Adebise Retires As Wema Bank CEO, As Oseni Steps In". leadership.ng.