Wema Bank Plc appointed Mrs. Abolanle Matel-Okoh, Mr. Babatunde Kasali, Mrs. Folake Sanu and Mr. Wole Akinleye as members of its board of directors. While Matel-Okoh and Kasali are to serve as non-executive directors; Sanu and Akinleye were appointed as executive directors. Akinleye was until his appointment was responsible for co-ordinating Business Development Activities in the Lagos Region of Wema Bank.

On the other hand, Sanu is an astute finance professional and banker of repute with over 32 years working experience in banking, professional accounting and auditing practice. Prior to joining Wema Bank, Sanu was Chief Financial Officer and later, Chief Compliance Officer of Sterling Bank where she was instrumental to the successful merger of five different banks to form Sterling Bank. Similarly, Kasali was described as a consummate professional with over three decades of experience in audit, risk management and compliance.

He was until his appointment, Managing Director of the Resolution and Restructuring Company Limited - a subsidiary of the Asset Management Company of Nigeria. In the same vein, Matel-Okoh is an attorney with over 20 years of experience in Nigeria and the United States of America and a member of the Nigerian Bar and the New York State Appellate Division, Third Department Bar.