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Bademosi resigns from Wema Bank

By on January 18, 2014

A member of the Board of Wema Bank Plc, Mr. Opeyemi Bademosi, has resigned his appointment as a non-executive director of the bank.

According to a statement from the bank to the Nigerian Stock Exchange, Bademosi’s resignation comes after he completed his four-year tenure, which began in May 2009.

Wema Bank, in the statement, informing the investing and general public, stated that the resignation became effective on December 31, 2013.

Until his resignation, Bademosi was a representative of the interests of SW8 Investment Limited and served on the board of the bank meritoriously throughout this period.

An astute businessman, he is a co-founder and director of Stanmark Holdings Limited, a company involved in the importation of production materials for pharmaceutical and paint companies.

Owing to his business acumen, the bank said he was instrumental to the joint venture between Stanmark Cocoa Processing Company Limited and Cadbury Nigeria Plc for the processing of cocoa seeds into semi-finished products, and was also involved in the mobilisation of human and financial capital for the project.

Bademosi is a 1977 graduate of the University of Lagos. His experience, according to the statement, spans business and project management, clearing and forwarding, consultancy services for oil service companies, importation & exportation and facilitating entrepreneurship development programmes.

 

 

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