Company Wema Bank PLC

WEMABANK

NGWEMABANK07

Banks

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sector Commercial Banks

End-of-day quote Nigerian S.E. Other stock markets 23:00:00 25/04/2024 BST			5-day change	1st Jan Change
6.25 ^NGN	-6.72%		-12.59%	+11.61%

02-16	Wema Bank plc Announces Directorate Changes	CI
01-29	Wema Bank PLC Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Wema Bank Plc is a banking group organized around 3 areas activity:

- retail bank and business bank;

- asset management;

- other: primarily real estate financing.

At the end of 2020 the group had NGN 5369.2billion in current deposits and NGN 252.2 billion in current loans.

Products and services are marketed through a network of over 150 agencies located in Nigeria.

Number of employees: 1,726

NGN in Million	2022	Weight	2023	Weight	Delta
Investment, Corporate, Commercial and Retail Banking 100.0 %	74,438	100.0 %	122,429	100.0 %	+64.47%

NGN in Million	2022	Weight	2023	Weight	Delta
Nigeria 100.0 %	74,438	100.0 %	122,429	100.0 %	+64.47%

Managers	Title	Age	Since
Moruf Abiola Oseni CEO	Chief Executive Officer	-	01/05/12
Tajudeen Bakare COO	Chief Operating Officer	-	-
Adeoluwa Akomolafe CTO	Chief Tech/Sci/R&D Officer	-	31/12/15
Oluwatoyin Karieren CMP	Compliance Officer	-	-
Oluwole Akinleye BRD	Director/Board Member	-	31/12/08
Tunde Mabawonku BRD	Director/Board Member	-	31/12/09
Oluwole Ajimisinmi BRD	Director/Board Member	-	31/05/09
Glory Ayanwola IRC	Investor Relations Contact	-	-
Olusegun Adeniyi PRN	Corporate Officer/Principal	-	31/07/20
Ololade Ogungbenro HRO	Human Resources Officer	-	-

Members of the board	Title	Age	Since
Oluwole Ajimisinmi BRD	Director/Board Member	-	31/05/09
Ibiye Asime Ekong BRD	Director/Board Member	-	31/08/20
Moruf Abiola Oseni CEO	Chief Executive Officer	-	01/05/12
Tunde Mabawonku BRD	Director/Board Member	-	31/12/09
Oluwole Akinleye BRD	Director/Board Member	-	31/12/08
Abolanle Matel-Okoh BRD	Director/Board Member	-	11/02/15
Bolarin Okunowo BRD	Director/Board Member	-	30/01/22
Adeyemi Adefarakan BRD	Director/Board Member	-	25/07/21
Prince Olusegun Adesegun BRD	Director/Board Member	-	25/07/21
Oluwayemisi Olorunshola CHM	Chairman	-	30/01/22

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	12,858,155,360	4,589,479,476 ( 35.69 %)	0	35.69 %

Name	Equities	%	Valuation
Kesington Adebutu 27.45 %	3,619,885,989	27.45 %	24 M ₦
Sw8 Investment Ltd. 14.52 %	1,915,272,289	14.52 %	12 M ₦
Petrotrab Ltd. 8.331 %	1,098,626,666	8.331 %	7 M ₦
Odu'a Investment Co. Ltd. 7.736 %	1,020,214,376	7.736 %	7 M ₦
Abolanle Matel-Okoh 4.423 %	583,333,333	4.423 %	4 M ₦

Wema Bank Plc

Wema Tower 54 Marina

100221, Lagos

+234 803 900 3700

http://www.wemabank.com

Financials

Banking & Investment Services

Banking Services

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ANZ GROUP HOLDINGS LIMITED	+7.99%	54.82B
INDUSTRIAL BANK CO., LTD.	+1.36%	47.1B
CRÉDIT AGRICOLE S.A.	+13.25%	47B
CHINA CITIC BANK CO., LTD.	+19.29%	44.81B
JAPAN POST BANK CO., LTD.	+10.93%	36.6B
QATAR NATIONAL BANK (Q.P.S.C.)	-16.21%	35.14B
INVEST BANK	-96.60%	32.24B

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