In a heartwarming celebration of Children’s Day 2025 , Wema Bank has appointed 12-year-old Chiderije Mbah as its One-Day Managing Director/Chief Executive Officer on May 27, 2025 . The announcement, made in a statement on Tuesday, highlights the bank’s commitment to nurturing young talent and investing in the future as it marks 80 years of legacy and impact .
Mbah, a spirited young visionary, was unveiled at the bank’s headquarters in Lagos, Marina , after submitting an inspiring video outlining his dream of leading a bank and his vision for making finance more fun and accessible for children. His entry, submitted through a social media challenge, stood out among dozens of applicants vying for the prestigious role.
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The initiative was part of Wema Bank’s broader Children’s Day campaign , which invited children across Nigeria to participate in an online challenge. To qualify, participants were asked to post a short video dressed in Wema Bank’s colors, sharing the banking role they aspired to while either holding or opening a Royal Kiddies Account (for ages 0–12) or an ALAT Xplore Wallet (for teenagers 13–17).
This innovative campaign blended fun with purpose, introducing thousands of young Nigerians to early financial education and the importance of dreaming big.
On Tuesday, Mbah received a purple-carpet welcome and took his seat at the helm of the bank for a day filled with leadership, learning, and excitement. He was given a guided tour of the head office, participated in an executive briefing session in the boardroom, and addressed senior executives of the bank.
“This is the best day of my life,” said Mbah. “Wema Bank made me feel important. I am learning so much about being a leader and how banking works. I’ll tell all my friends to open a Wema Bank Royal Kiddies Account so they can also start learning how to save, and maybe one day, they can be MD too!”
Speaking on the initiative, Wema Bank’s Managing Director/CEO, Moruf Oseni , said, “Our 80th anniversary is a time to reflect on where we’ve been and where we’re going, knowing fully well that the future belongs to young stars like Mbah. Today’s activity is one of our ways of showing that we believe in the children, that we’re listening, and that we’re committed to helping them succeed financially, personally, and professionally—all the way.”
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