Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has received three prestigious awards at the 2024 Global Sustainable Finance Awards.
This prestigious event was hosted by the Digital Banker to honour financial institutions leading in sustainable finance and responsible investment practices globally.
With over 200 entries from 87 banks across four continents, Wema Bank’s achievements signify its excellence and innovative approach to environmental, social, and governance (ESG) across its operations. It also marks a significant milestone in the Bank’s commitment to sustainability and responsible banking.
The recognition places Wema Bank at the forefront of sustainable banking on a global scale, alongside notable institutions like HSBC, ING, and Caixa Bank.
The awards won include Outstanding Sustainable Finance – SME Finance: Recognizing Wema Bank’s innovative solutions tailored to bolster SME growth and sustainability.
ALAT also won Best Digital Platform for Sustainable Finance. This was in recognition of Wema Bank’s pioneering digital platform that champions financial inclusion and environmental sustainability.
Abimbola Agbejule, Head, Corporate Sustainability at Wema Bank was also awarded Sustainable Finance Professional of the Year – Africa for her laudable leadership in sustainability initiatives at Wema Bank.
Commenting on the awards, Wema Bank MD/CEO, Moruf Oseni said “Winning these awards is not just a recognition of our sustainable practices but also a testament to our role as pioneers in integrating sustainability into our core business strategies, we are proud to lead the charge in fostering sustainable development and demonstrating robust financial services leadership on a global scale.”
Abimbola Agbejule,Wema Bank’s Head, Corporate Sustainability also affirmed “This recognition is a reaffirmation of our dedicated efforts at Wema Bank to weave sustainability into every facet of our operations. It propels us to continue driving impactful financial solutions that not only meet today’s needs but also secure a sustainable tomorrow.”
The bank’s achievements at the Global Sustainable Finance Awards underscore its role as a leader in the global financial landscape, setting a benchmark for the industry and emphasizing its unwavering commitment to sustainability.