Wema Bank has been recognized for fostering a culture of innovation and for being the best workplace for millennials. The bank announced that it received the Great Place to Work certification for 2024-2025, marking the second consecutive year of this prestigious honor.
The Great Place to Work certification is a globally recognized standard that evaluates an organization’s workplace culture, policies, and employee feedback. Wema Bank’s dedication to creating a positive work environment and prioritizing employee well-being earned it this recognition.
Industry-Leading Employee Benefits
Wema Bank highlighted its industry-leading employee benefits as a key reason for its certification. These include:
- One of the longest standard leave days in the banking industry.
- A cost-of-living adjustment to help employees manage economic changes.
- A salary increase for non-full-time equivalent employees.
- Access to a standard creche and a fully equipped gym to support work-life balance and physical wellness.
Leadership Remarks
Moruf Oseni, Managing Director and CEO of Wema Bank, attributed the bank’s success to its commitment to employee welfare. He emphasized that the exceptional performance of the bank is driven by its employees, particularly millennials.
“At Wema Bank, we understand that our exceptional output as a bank is a direct result of the dedicated input of our employees, especially the millennials who continue to drive our success. We remain focused on providing an enriching and fulfilling work experience for all our employees,” Oseni stated.
Recent Innovations
Additionally, Wema Bank recently launched ALATPay, a payment gateway designed for micro, small, and medium enterprises (MSMEs). The platform provides a secure end-to-end shopping experience for customers and offers instant settlements for merchants using a unique ALATPay link. The platform was unveiled in Lagos and is expected to support MSMEs across the country.