BY KENNETH EZE
Wema Bank has appointed Olusegun Adesegun and Adeyemi Adefarakan as non-executive directors.
Company Secretary, Wema Bank, Johnson Lebile, said in a media statement that the appointments have been endorsed by the Central Bank of Nigeria.
The statement said that Adesegun was a psychologist with a masters’ degree in industrial psychology from the University of Ibadan.
He combined his private business with public service and became Commissioner for Works and Housing in Ogun State twice, and later served as the deputy governor of Ogun State between 2011 and 2015
The statement said he currently served as a career counsellor and consultant for high quality investment decisions.
On Adefarakan, the statement said that he is currently the group chief financial officer and an executive director on the board of Continental Broadcasting Service Limited.
The Point gathered from the statement that “he holds other board positions where he continues to create and extract shareholder value through active board engagement.”
Prior to joining CBSL, Adefarakan forged a career on the trading floors of some of London’s financial powerhouses, namely, State Street Global Markets, DRW Investments, JP Morgan Chase, Deutsche Bank and HSBC Global Asset Management, where he traded both vanilla and complex instruments and risk managed multi-billion-dollar multi asset portfolios, according to the statement.
It added that he was a seasoned executive with strong global investment banking, portfolio risk, asset and financial management exposure.
