Wema Bank’s Board of Directors has appointed Dr. Oluwayemisi Olorunshola and Mr. Bolarin Okunowo as independent non-executive directors of the bank.
The lender disclosed this in a statement signed by Johnson Lebile, Corporate Secretary/Legal Counsel, Wema Bank.
Profile of Dr (Ms) Oluwayemisi Olorunshola
Dr. (Ms.) Oluwayemisi Olorunshola is an experienced supply chain professional and business associate with over 15 years of experience in a multinational organization and over 10 years as a business leader. She has a B.Sc. degree in Education and Economics from the prestigious Obafemi Awolowo University, Ile Ife, a Masters in Business Administration from the University of Liverpool, UK, and a PhD in Business Administration from the University Walden, United States.
She is a well-trained professional in various aspects of business management and her work experience covers all aspects of the supply chain including business and production planning, sourcing, distribution, marketing, import and export and logistics services. She is a lover of education. His widely read publication on small business sustainability strategies published in the Journal of Functional Education (FEAcademia), Proquest.com and Academia.edu, has been referenced by many scholars.
Dr. Olorunshola is a Fellow of the African Scholars International Institute and a Chartered Fellow of the Nigerian Chartered Institute of Personnel Management. A fervent supporter of community development and by virtue of this interest, she volunteers in many civic activities where she has greatly contributed to the development of her community and other areas of influence.
Profile of Ms. Bolarin Okunowo
Ms. Bolarin Okunowo is a seasoned business leader and finance specialist with over 17 years of experience in a range of roles spanning investment banking and financial services, manufacturing, oil and gas, real estate and hospitality. She is the Managing Director/Chief Executive Officer of Chemical and Allied Products PIC (“CAP plc”), a subsidiary of UAC of Nigeria Plc (“UACN”), and manufacturers of major paint brands – Dulux, Sandtex and Caplux in Nigeria.
Prior to her appointment as CEO of CAP Plc, Bolarin served as the outgoing Managing Director/CEO of Portland Paints and Products Nigeria Plc (“Portland Paints”), a subsidiary of UACN. At Portland Paints, she led a turnaround of the business and the implementation of the successful merger with CAP Plc in July 2021.
Prior to joining UACN Group, she was Head of Energy and Infrastructure Finance at Stanbic IBTC Capital (“Stanbic”) with responsibility for the Oil & Gas, Power and Infrastructure debt finance portfolio. . Prior to Stanbic, Bolarin worked with ARM Investments Managers and PricewaterhouseCoopers. Bolarin is a qualified chartered accountant; she holds a Bachelor of Commerce from the University of Birmingham in the UK and a Masters in Information Systems from the prestigious London School of Economics.
Bolarin has served in various capacities on the board of directors of various publicly traded companies. She is currently a non-executive director of Livestock Feeds Plc and chairs the risk management committee of the board.