Wema Bank MD Charges Auditors to Strengthen Digital Risk Controls

THISDAYLIVE | 28-09-2026 02:33am |

The Managing Director/Chief Executive Officer of Wema Bank Plc, Mr Moruf Oseni, has called on audit executives in the banking sector to strengthen collaboration in response to emerging technologies such as Artificial Intelligence, automation, and advanced analytics. He noted that the banking industry faces an evolving risk landscape driven by digitalisation, cyber threats, and increasingly sophisticated technology. Oseni made the remarks at the 65th Quarterly General Meeting of the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN). He emphasised that internal audit functions must become more proactive, technology-enabled, and data-driven.

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