Shocking! 12-year old boy emerges MD/CEO of Wema Bank

• Wema Bank appointed 12-year-old Chiderije Mbah arsenic its One-Day Managing Director/CEO connected May 27, 2025, to observe Children’s Day and animate young Nigerians
• Chiderije won the relation done a societal media situation by submitting an animated movie astir making concern amusive and accessible for kids
• The initiative, portion of Wema Bank’s 80th day celebrations, aims to beforehand aboriginal fiscal acquisition and enactment among children nationwide

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

As portion of a peculiar inaugural to make the adjacent procreation of Nigerian leaders, Wema Bank has announced 12-year-old Chiderije Mbah arsenic its One-Day Managing Director/CEO for May 27, 2025, successful honour of 2025 Children’s Day.

Photo Credit: Wema Bank
Source: Getty Images

The memorable event, held contiguous astatine the bank’s office successful Lagos, Marina, highlighted Wema Bank’s continued committedness to investing successful the future, adjacent arsenic it marks 80 singular years of bequest and impact.

The One-Day Wema Bank MD/CEO campaign, launched successful May 2025 to commemorate this year’s Children’s Day, was won by Chiderije Mbah.

He was chosen aft submitting an animated movie outlining his extremity of moving a slope and his thought to marque concern much approachable and enjoyable for kids.

He applied for the presumption done a societal media challenge, and his introduction stood retired among dozens of others.

Children’s Day campaign

The One-Day Wema Bank MD/CEO was the centerpiece of Wema Bank’s larger Children’s Day campaign, which invited children nationwide to instrumentality portion successful an online challenge.

Children who had oregon opened an ALAT Xplore Wallet (for teenagers aged 13–17) oregon a Royal Kiddies Account (for those aged 0–12) were required to taxable a little video successful Wema colours, describing the banking relation they hoped to play, successful bid to beryllium eligible.

Thousands of young Nigerians were exposed to early fiscal education and the worth of having large dreams acknowledgment to the campaign, which combined amusive with purpose.

At Wema Bank’s Lagos office connected Tuesday, May 27, 2025, Chiderije took centre stage. He was greeted with a purple carpet and sat astatine the bank’s helm for a time afloat of enthusiasm, learning, and leadership.

Enjoying a afloat time of activities—from a guided circuit of the caput bureau to holding his ain enforcement briefing league successful the boardroom—he besides addressed elder executives of the bank.

“This is the champion time of my life,” said Chiderije Mbah. “Wema Bank made maine consciousness important. I americium learning truthful overmuch astir being a person and however banking works. I’ll archer each my friends to unfastened a Wema Bank Royal Kiddies Account truthful they tin besides commencement learning however to prevention and possibly 1 day, they tin beryllium MD too!”

Photo Credit: Wema Bank
Source: UGC

Speaking connected the initiative, Wema Bank’s Managing Director/CEO, Moruf Oseni, said,

“Our 80th day is simply a clip to bespeak connected wherever we’ve been and wherever we’re going, knowing afloat good that the aboriginal belongs to young stars similar Chiderije. Today’s enactment is 1 of the ways we amusement that we judge successful children, that we’re listening, and that we’re committed to helping them win financially, personally, and professionally each the way.”

Wema Bank announces 100% summation successful dividend

Legit.ng reported that Wema Bank has declared a last dividend of N1.00 per stock for the 2024 fiscal year, marking a 100% increase from the erstwhile year’s payout.

The last dividend, which pertains to the play ending December 31, 2024, volition beryllium payable to shareholders whose names are recorded successful the Register of Members arsenic of the adjacent of business connected May 1, 2025.

The announcement was made successful a disclosure to the Nigerian Exchange (NGX) and signed by the company’s Secretary, Johnson Lebile.

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Source: Legit.ng