Wema Bank Recognized as a Great Place to Work for the Second Consecutive Year

Wema Bank, known as Nigeria’s most innovative bank and the pioneer of Africa’s first fully digital bank, ALAT, has achieved the Great Place To Work certification for the 2024-2025 period. This marks the second consecutive year the bank has received this prestigious recognition.

Great Place To Work is recognized globally as the authority on workplace culture, evaluating organizational practices and employee feedback to certify positive work environments. Wema Bank’s consistent commitment to employee well-being is evident in its policies and practices, justifying its consecutive certifications.

The bank stands out for offering one of the longest standard leave periods in the industry, implementing a Cost-Of-Living Adjustment (COLA) to mitigate economic impacts, and providing a crèche for employees’ infants along with a fully equipped gym for fitness enthusiasts. Additionally, Wema Bank has increased salaries for Non Full-Time Equivalent (NFTE) employees and emphasizes work-life balance, mental health, and professional development through various benefits.

Moruf Oseni, the MD/CEO of Wema Bank, credited the two-time certification to the bank’s unwavering focus on employee welfare. “At Wema Bank, we understand that our exceptional output as a Bank is a result of the dedicated input of our employees, the Wema Bank Knights, and we acknowledge the indispensable role they continue to play in our growth and success as a Bank. This is why we continue to pull all the stops in providing an enriching, productive, supportive and fulfilling work experience for our employees. This is a commitment that we will never compromise on.”

Oseni expressed gratitude for the recognition: “We are honoured by the recognition accorded to us by Great Place To Work. This certification not only attests to our dedication to fostering a culture of excellence and empowering our employees with the best quality of work experience towards their personal and professional success, but also drives us to keep up the good work and exceed even more goals and expectations in enhancing employee experience. We take this as a challenge to go above and beyond in providing a fulfilling work experience for every Wema Bank employee and we trust that the strength of our internal framework will continue to reflect positively externally as we fulfil our lifelong goal of providing optimum value for every stakeholder of Wema Bank,” he concluded.

Wema Bank first received the Great Place To Work certification in 2023 and was honored with four awards at the Great Place To Work Awards 2023, including 2nd Best Place to Work in Nigeria (Large Corporate Organisation Category), Best in Promoting the Culture of Innovation by All, Best in Promoting Learning and Development Practices, and The Victor Ligbago Award for Best Workplace for Millennials.