Inside Nigeria

Omoyeni: Why I chose WEMA Bank over my deputy governorship job

BY Jemilat Nasiru

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Adebisi Omoyeni, a former deputy governor of Ekiti, says he resigned his position as the number two man in the state because his expertise was needed in the banking sector.

In 2005, Ayodele Fayose, governor of the state, picked Omoyeni as his deputy.

But Omoyeni, who is a candidate in the July 14 gubernatorial election in Ekiti, relinquished his position three months later to take up the job of Wema Bank managing director.

Speaking at his campaign rally at Ikole and Moba, Omonyeni said the board of the Odua Investment Company, the major owner of Wema Bank Plc, appealed to him to return to the bank to serve the people of south-west and Nigeria instead of serving just the people of Ekiti.

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“A letter was written by the Board of Odua Investment Company Limited to Governor Fayose on December 5, 2005 seeking for my release as the deputy governor,” Omoyeni said.

“The letter by the Odua Group says they identified my qualities and leadership ability and integrity as a former Executive Director of the bank.

“They said my service was needed to help the bank complete the banking consolidation process because the then management of the bank had failed to complete the process for 17 months leaving just only one month for the bank to meet CBN requirements or be liquidated like other banks.

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“I was able to complete the process with my team within 18days when we merged Wema Bank and National Bank successfully.”

Omoyeni added that “it is the same dedication and competence he used at Wema Bank that he wants to bring to develop Ekiti.”

He is contesting the election under the platform of Mega Party.

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