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Wema Bank Plc is Nigeria's longest-surviving indigenous bank, established in 1945 as Agbonmagbe Bank Limited. It offers a wide range of banking services including retail banking, Small and Medium Enterprise (SME) banking, corporate banking, treasury services, trade services, and financial advisory. Wema Bank is renowned for its pioneering digital banking platform, ALAT, which was Africa's first fully digital bank. The bank is committed to providing innovative financial solutions and excellent customer service, leveraging technology to enhance banking convenience for its customers across Nigeria. It operates a network of branches and digital channels, catering to diverse customer needs.
The headquarters serves as the central hub for strategic planning, corporate governance, core operational management, policy formulation, and leadership for all Wema Bank operations nationwide.
Wema Tower is a modern high-rise building, recognized for its contemporary architecture and significant presence on the Lagos Marina skyline. It is equipped with modern facilities to support the bank's extensive operations.
The work culture at Wema Bank's headquarters is dynamic, professional, and increasingly agile, with a strong emphasis on innovation (especially driven by its ALAT digital bank), collaboration, customer-centricity, and employee development. There's a blend of traditional banking diligence with a forward-thinking, tech-driven approach.
The headquarters' location in Marina, Lagos, places Wema Bank at the epicenter of Nigeria's financial and commercial activities. It symbolizes the bank's stability, enduring legacy, and its role as a key player in the Nigerian banking sector and economic development.
Wema Bank Plc primarily operates within Nigeria, with an extensive network of branches and digital services across the country. Its global reach is facilitated through correspondent banking relationships with international financial institutions, enabling international trade finance and remittance services. Additionally, its digital banking platform, ALAT, allows customers to access banking services globally, particularly catering to Nigerians in the diaspora.
Wema Tower, 54 Marina
Lagos Island
Lagos State
Nigeria
Address: Plot 796, Muhammadu Buhari Way, Central Business District, Abuja, FCT, Nigeria
To serve as a key operational hub for the Northern region, facilitating business development, customer relationship management, and ensuring strategic presence in the Federal Capital Territory for key governmental and corporate interactions.
Address: Plot 202, Olu Obasanjo Road, Port Harcourt, Rivers State, Nigeria
To cater to the specific financial needs of the Niger Delta region, supporting commerce, the energy sector, and providing robust retail and corporate banking services to drive economic growth in the area.
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As of April 2025, Wema Bank Plc' leadership includes:
Wema Bank Plc has been backed by several prominent investors over the years, including:
Wema Bank Plc has experienced significant leadership transitions recently, including the appointment of a new MD/CEO, Deputy MD, an Acting CFO, and changes in Executive Director roles, reflecting a strategic refresh of its top management.
Discover the tools Wema Bank Plc uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Wema Bank Plc primarily uses the email format combining the first initial and last name, or first name and last name, followed by '@wemabank.com'. This is a common structure for corporate communication.
[first_initial].[last_name]@wemabank.com or [first_name].[last_name]@wemabank.com
Format
m.oseni@wemabank.com
Example
85%
Success rate
Premium Times Nigeria • April 2, 2024
Wema Bank Plc announced a 196% increase in its profit after tax to N33.7 billion for the fiscal year 2023, up from N11.2 billion in 2022. Gross earnings also rose by 72% to N225.7 billion....more
ThisDay Live • May 16, 2024
Wema Bank's digital platform, ALAT, has launched a new promotional campaign to reward its loyal customers with various prizes and benefits, reinforcing its commitment to customer engagement and digital innovation....more
Nairametrics • February 27, 2024
Wema Bank Plc announced it has received approval from the Central Bank of Nigeria (CBN) to upgrade its operational license from a regional bank to a national bank, allowing it to expand its physical presence across all states of Nigeria....more
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