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Wema, Sterling Banks Shop For New GMDs - Business - Nairaland

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REVEAL: Sterling, WEMA Banks Shop For New Gmds / Wema Bank Appoints New Non-executive Director (2) (3) (4)

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Wema, Sterling Banks Shop For New GMDs by Adesiji77: 10:20pm On Jul 10, 2017
The management of Wema Bank Plc. and Sterling Bank Plc. are both currently shopping for a replacement for their group managing directors (GMDs) whose tenures expired in June and December respectively, Bussiness247 Online News has exclusively revealed.

It would be recalled that the Central Bank of Nigeria (CBN) in 2010, issued a circular that the MDs/CEOs of Nigerian banks shall no longer spend more than 10 years in office as part of efforts to sanitise the banking sector. One year after this circular, a number of banks: Zenith, UBA and Skye lost their MDs/CEOs to this policy.

https://www.dailytrust.com.ng/news/business/wema-sterling-banks-shop-for-new-gmds/204705.html?

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Re: Wema, Sterling Banks Shop For New GMDs by davide470(m): 10:48pm On Jul 10, 2017
How can we apply?

6 Likes

Re: Wema, Sterling Banks Shop For New GMDs by Benjom(m): 12:18am On Jul 11, 2017
This is opened to the top guns. Hope my candidates scale through.

Re: Wema, Sterling Banks Shop For New GMDs by holatin(m): 9:22am On Jul 11, 2017
I get uncle wey know account pass balance sheet, make I send am. the only guy wey fit tell you log 24,multiply by sine 36 in 10 seconds

7 Likes 1 Share

Re: Wema, Sterling Banks Shop For New GMDs by walearoy(m): 9:22am On Jul 11, 2017
AY can do the job
Re: Wema, Sterling Banks Shop For New GMDs by CROWNWEALTH019(m): 9:23am On Jul 11, 2017
With my wealth of experience tongue make I go apply, lalasticlala no link to apply now
Re: Wema, Sterling Banks Shop For New GMDs by bbbabes(f): 9:23am On Jul 11, 2017
Ok
Re: Wema, Sterling Banks Shop For New GMDs by Onyinye15(f): 9:23am On Jul 11, 2017
Be my guest

Shop no more
Re: Wema, Sterling Banks Shop For New GMDs by maxiuc(m): 9:24am On Jul 11, 2017
Ba certipicate

Na only Nepa bill I get

Am I allowed to apply
Re: Wema, Sterling Banks Shop For New GMDs by Seun360(m): 9:24am On Jul 11, 2017
Segun Oloketuyi's reign is gradually coming to an end niyen.

1 Like

Re: Wema, Sterling Banks Shop For New GMDs by vastolord4(m): 9:24am On Jul 11, 2017
C me here na.. Thats how the will leave me And choose one olodo... Non sense
Re: Wema, Sterling Banks Shop For New GMDs by ednut1(m): 9:25am On Jul 11, 2017
Wrong skye did not lose its former chairman to the policy. He was ousted
Re: Wema, Sterling Banks Shop For New GMDs by Oladelson(m): 9:28am On Jul 11, 2017
is okay
Re: Wema, Sterling Banks Shop For New GMDs by ItsawrapOutfit: 9:49am On Jul 11, 2017
I am somewhat impressed with Wema's performance except for the unnecessary waste of shareholders' fund on a second rebranding project when the first in my own opinion was needed and a success, the second I think was just to enrich some Josephs that must become prime ministers in the Egypt of Wema Bank.

4 Likes

Re: Wema, Sterling Banks Shop For New GMDs by Kobicove(m): 10:06am On Jul 11, 2017
I'm sure there are eligible candidates in Nigeria but I also they look beyond tribal sentiments in selecting the eventual replacements undecided
Re: Wema, Sterling Banks Shop For New GMDs by miqos02(m): 11:13am On Jul 11, 2017
Seun360:
Segun Oloketuyi's reign is gradually coming to an end niyen.
like play like play oh
Re: Wema, Sterling Banks Shop For New GMDs by toprealman: 11:37am On Jul 11, 2017
holatin:
I get uncle wey know account pass balance sheet, make I send am. the only guy wey fit tell you log 24,multiply by sine 36 in 10 seconds
10 sec for such an easy calculation?
Re: Wema, Sterling Banks Shop For New GMDs by dewfun: 11:49am On Jul 11, 2017
If it is true that the banks are shopping for successors for the two MDs, that will be so sad. How could the two of them not be able to raise successors within the banks during their tenures. #failure of leadership
Re: Wema, Sterling Banks Shop For New GMDs by holatin(m): 1:01pm On Jul 11, 2017
toprealman:
10 sec for such an easy calculation?
opening teeth for you at the moment
Re: Wema, Sterling Banks Shop For New GMDs by Adesiji77: 1:57pm On Jul 11, 2017
davide470:
How can we apply?

"Apply within" cheesy
Re: Wema, Sterling Banks Shop For New GMDs by dapyd1(m): 2:15pm On Jul 11, 2017
All this one is just to show that they advertised.

They have more than capable Executive Directors who have worked in the bank for donkey years and know the system.

All over the world, you rarely see people from outside take the rings of a corporation except in cases where the company is not performing well, it was taken over, liquidated or merged.

Sterling in particular needs a new direction. They've played at the lower tier for too long and seem to be comfortable there.
Re: Wema, Sterling Banks Shop For New GMDs by jazinogold(m): 6:37pm On Jul 11, 2017
ok

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