Appointment of an independent non-executive director

The Board of Wema Bank Plc. (the "Bank") is pleased to announce the appointment of Engr. Wilson Chiedu Agu as an Independent Non-Executive Director, effective March 3, 2026, following approval by the Central Bank of Nigeria (CBN).

Engr. Agu is a distinguished polymath and serial entrepreneur with over thirty-five (35) years of professional experience spanning engineering consultancy, information technology, cybersecurity, and business development. He earned a bachelor's degree in Civil/Structural Engineering from the University of Nigeria, Nsukka in 1990.

His engineering career includes notable leadership roles, particularly as Partner and Resident Engineer at Project Development Consortium (PDC) between 1993 and 2007, where he managed major projects including the structural design for Orient Bank and the National Maritime Resource Centre. In 2000, he founded I-Sixty Nigeria Limited, a diversified enterprise that has delivered several landmark projects, including the NIMASA Maritime Museum, the Nigerian Navy Dockyard Museum, and the beautification of eleven renovated airports across Nigeria.

Engr. Agu has also contributed significantly to Nigeria's technology governance ecosystem, especially during his service on the Governing Board of the National Information Technology Development Agency (NITDA) from 2013 to 2015, where he chaired the Committee on Standards, Guidelines and Regulations and supported the implementation of the National IT Policy and COBIT 5 framework. He later collaborated with Precise Financial Systems (2018-2020) on banking automation solutions. He currently leads Eagle Industrial and Energy Limited, focused on industrial parks and free trade zone infrastructure, including the Enugu Tech Market project.

In recognition of his contributions to corporate and public administration, he was awarded a Professional Fellowship Doctorate (PFD) by the Institute of Corporate and Public Administration of Nigeria in 2021. He is also a member of the Institute of Software Practitioners of Nigeria (ISPON).

The Board warmly welcomes Engr. Agu and looks forward to the valuable contributions his extensive experience in engineering, technology, and project development will bring to the Bank.