WEMA Bank appoints its first female Director

Wema Bank Plc yesterday announced the appointment of Ms. Augustina Quarshie as a member of its board of directors.

‘Quarshie, according to Wema Bank becomes the first female director to be appointed into its board, in an apparent move to align with the Central Bank of Nigeria’s push for more women in banks’ board.

A statement from the commercial bank explained that “Quarshie was appointed as an Independent Director; this reflects an indication of the bank’s continued commitment to the sustenance of good corporate governance and adequate gender representation at all levels.”

“Through this appointment, Quarshie, a former director of Platinum Bank, and consummate banker with over 15 years of relevant banking experience in various leadership capacities, becomes the first female director to be appointed to Wema Bank Board and signifies a remarkable step forward in bringing more diversity to the board.”

Speaking on the appointments, Managing Director, Wema Bank, Mr Segun Oloketuyi, emphasised the commitment of the bank towards ensuring diversity and adequate gender representation at all levels within the bank.

He said he was confident that ‘Quarshie would bring quality experience and expertise into the Board, having distinguished herself in various endeavours and had made significant contributions to the banking industry and the growth of the nation’s economy.

Oloketuyi said: “Wema Bank is Nigeria’s most resilient and longest surviving indigenous bank it has positioned itself over the years to be a beacon of value-driven relationship banking in Nigeria as exemplified in its Purple Line Philosophy and rich heritage. “The Bank currently offers a range of retail banking, commercial and corporate banking, e-banking, small and medium enterprises banking, treasury services and financial advisory services to its discerning client base.”