Wema Bank Appoints Kasali as Non-Executive Director

By Modupe Gbadeyanka

Mr Babatunde Oladele Kasali has been announced as a Non-Executive Director of Wema Bank Plc, following the approval of the Central Bank of Nigeria (CBN).

The appointment of Mr Kasali was disclosed in a statement issued by the financial institution on Tuesday, which was made available to Business Post.

In the statement, Mr Kasali was described as a consummate professional with expertise in Audit, Risk Management, Compliance and Retail banking, spanning over three decades.

He has served as General Manager and Regional Bank Head for United Bank for Africa (UBA) Plc, a bank he joined in 1996.

While at the bank, he also 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.

Mr Kasali has also 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.

Commenting on the appointment, Mr Adeyinka Asekun, Chairman of Wema Bank said, “It is with great delight that I welcome Mr Kasali who is joining the Board of Wema Bank plc a second time. While he was with us in 2015, he showed exceptionally rich professional and corporate experience; qualities which our board is often looking for.

“I believe his skills will be valuable to our bank as we continue in our growth phase and in our quest to become the retail bank of choice in Nigeria.”