Wema Bank’s Executive Director, Fagbenro retires after 29 years of service

Wema Bank Plc has announced the retirement of its Executive Director in charge of Business Development with responsibility for the South West Directorate, Mr. Nurudeen Fagbenro, who committed his entire banking career to the bank for 29 years.

In a released issued by the bank, he was in charge of the bank’s Risk Management and Control function from June 2007 to August 2011 before he was transferred to the Business Development Unit.

Before then, Fagbenro had served as the General Manager in charge of Institutional Banking and he was called to the Board as an Executive Director in 2006.

He was credited to have coordinated the successful integration of National Bank of Nigeria Limited into Wema Bank Plc.

Other strategic positions Fagbenro held in the Bank amongst which were: Head of International Banking Division from 1996 to 2001, Chief Inspector between 2001 and 2003.

He was appointed the Deputy General Manager in 2003 and was charged with the responsibility of managing the Commercial & Telecommunications and Institutional Banking Groups.

He joined Wema Bank as an Accounting Supervisor in 1986 and rose to become the Head of Foreign Trade in 1991.

He was a 1985 graduate of the University of Lagos with a Bachelor of Science degree in Accounting, an Alumnus of the Lagos Business School and a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).