Wema Bank Announces Retirement of Nurudeen Fagbenro as Executive Director

By InvestAdvocate

Lagos (INVESTADVOCATE)-Nigeria’s mid-tier lender, Wema Bank Plc said on Friday Nurudeen Fagbenro has retired as executive director of the bank effective June 2015.

According to the bank in an issuer’s announcement with the Nigerian Stock Exchange (NSE), Fagbenro has been on the board of the Bank since September 2005 as an ED and has served meritoriously since then before his retirement.

At the close of Friday’s session on the Nigerian bourse share price of Wema Bank climbed up 4.0 percent to N1.04 from N1.00 recorded the previous session gaining 0.04 kobo per share.

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