Categories: Business & Brands

Wema Bank Affirms Its Adherence, Best-In-Class Governance Processes

Wema Bank has affirmed its adherence, best-in-class governance processes.

Glamtush reports that Nigeria’s leading digital bank, Wema Bank Plc, has reassured its stakeholders that it continues to operate with best-in-class governance processes.

The bank also faulted the premise on which a non-governmental organisation, Transparency Nigeria Group, asked the Central Bank of Nigeria (CBN) to remove its Managing Director/CEO, describing the call as baseless.

The bank reassured its customers and stakeholders that it has and would continue to operate with the highest level of corporate governance, following all rules, policies, and procedures.

“We have no links to any political party and neither are we agents, allies or proxies of any politicians in the country. We are a financial institution solely committed to financial intermediation to enable and fast track the socio-economic development of the country,” the bank said.

The statement further explains that Wema Bank’s observance and strict adherence to due diligence and extant rules and regulations is why it is the oldest surviving indigenous bank in Nigeria.

Angela Davies

Recent Posts

Police Identify Officer Who Shot Man Dead During Fuel Queue Tumult In Lagos

Police has identified the officer who shot a man dead during a fuel queue tumult in Lagos.…

3 hours ago

Nigerian Extradited From Malaysia Convicted For $6.3m Wire Fraud In Us

A federal jury in New Haven, Connecticut, Wednesday, convicted an extradited Nigerian, Okechukwu Osuji, for…

4 hours ago

How Finidi Beat Amuneke, Others To Clinch Super Eagles Coaching Job

How Finidi beat Amuneke and others to clinch the Super Eagles coaching job has emerged.…

4 hours ago

Police Arrest Suspected Mastermind Of Abuja-Kaduna Train Attack, Others

Police have arrested a suspected mastermind of Abuja-Kaduna train attack and others.   Glamtush reports…

6 hours ago

Naira Abuse: Cubana Chief Priest And EFCC Opt For Out-Of-Court Settlement

Cubana Chief Priest and the EFCC have opted for an out-of-court settlement over his naira…

8 hours ago

Fidelity Bank Records 120.1% Growth In PBT To N39.5bn In Q1 2024

In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted…

12 hours ago