Wema Bank, renowned for its innovation and as the pioneer of Africa’s first fully digital bank, ALAT, has been recognized once again as a Great Place to Work for the 2024-2025 period. This marks the second year in a row that the bank has earned the prestigious certification.
The Great Place to Work (GPTW) certification is a globally recognized standard of excellence in workplace culture. The certification is based on a thorough assessment of organizational practices and employee feedback, and it underscores Wema Bank’s commitment to creating a positive work environment and promoting employee well-being.
Wema Bank’s back-to-back certifications are a testament to its continuous efforts to foster a thriving and supportive workplace. The Bank offers one of the industry’s longest standard leave days, provides a Cost-Of-Living Adjustment (COLA) to help employees cope with economic challenges, offers a standard crèche for young children, and maintains a fully equipped gym for staff. In addition, salaries for Non Full-Time Equivalent (NFTE) employees were increased in the past year.
From encouraging work-life balance and mental health support to promoting professional development and upward reviews of allowances, Wema Bank has consistently curated benefits aimed at enhancing both the personal and professional lives of its employees. This strong focus on employee well-being undoubtedly contributes to the Bank’s repeat certification as a Great Place to Work.
Speaking on the achievement, Moruf Oseni, Managing Director and CEO of Wema Bank, attributed the certification to the Bank’s unwavering focus on its employees. “At Wema Bank, we know that our success is deeply tied to the dedication of our staff, known as the Wema Bank Knights. We are committed to ensuring they have a supportive, enriching, and productive work experience, and this is something we will never compromise.”
Oseni further emphasized the significance of the certification, stating, “We are honoured to receive this recognition from Great Place to Work. It reinforces our commitment to fostering a culture of excellence and empowers us to continue improving the quality of our employees’ work experience. This achievement challenges us to aim even higher and ensure that every Wema Bank employee thrives, as we strive to create value for all our stakeholders.”
Wema Bank first earned the Great Place to Work certification in 2023 and secured four major awards at the GPTW Awards 2023, including 2nd Best Place to Work in Nigeria (Large Corporate Organisation), Best in Promoting the Culture of Innovation, Best in Promoting Learning and Development Practices, and the Victor Ligbago Award for Best Workplace for Millennials.
With these accolades, Wema Bank continues to set the standard for a progressive and employee-centered work culture in Nigeria.
Seunmanuel Faleye is a brand and communications strategist. He is a covert writer and an overt creative head. He publishes Apple’s Bite International Magazine.