Oluwole Ajimisinmi: Here's What You Need To Know About Wema Bank's New Executive Director

Wema Bank has appointed Oluwole Ajimisinmi as an Executive Director of the bank. His appointment was approved by the Board of Directors of Wema Bank. Before his appointment, Ajimisinmi was the Regional Executive in charge of the bank’s Retail, Commercial and Public Sector business in the Lagos Business Directorate of the Bank.

Ajimisinmi joined Wema Bank in 2009 as Company Secretary/Legal Adviser of the bank. AllNews learnt that Wole has over 25 years’ experience in legal, banking,  financial risks mitigation,  Commercial lending,  transaction structuring, mergers & acquisitions, cross border business advisory and classified asset recovery across different business jurisdictions.

How Did A Lawyer Become Top Exec At Wema Bank?

He had begun his career at a bank as a solicitor for law firms, before making an inroad into the banking industry when he joined Prudent Bank to lead their legal Team that worked on the "successful consolidation of five banks, which included Prudent Bank Plc, EIB International Bank Plc, Cooperative Bank plc, Bond Bank plc and Reliance Bank Limited to form Skye Bank Plc."

From Prudent Bank, Ajimisinmi joined Skye Bank as the Head, Legal Services Department. At Skye Bank, he was in charge of legal services for the 207 branches of the bank, before he then crossed-carpet to Wema Bank, to serve as the Corporate Secretary and Legal Adviser of the bank "where he oversaw the responsibility of proffering opinions on all legal related issues, including but not limited to securitization of credits, deal structuring, etc," a statement from Wema Bank disclosed.

It was revealed that later, he became the "Divisional Head of Corporate Services supervising over 6 Departments: Legal  Services, Investor Relations, General Admin Services, Board Secretariat, Brand & Marketing Communications and Property Management. Wole currently has responsibilities for business development & supervises Lagos Business Directorate comprising 54 branches and 5 regional offices"

Ajimisinmi's Educational Background

Ajimisinmi studied at the University of Jos where he bagged Bachelor of Laws - LLB, Law. He's also an Associate Member, Chartered Institute of Secretaries & Administrators UK & Nigeria. Meanwhile, he also received a certificate from Harvard Business School General Management Program (GMP 23) in 2017, before bagging the IMD Certificate Program: High Performance Boards 2017 and INSEAD Advanced Strategy for Directors in 2018.