The Central Bank of Nigeria (CBN) has officially authorised the appointment of Mr Wilson Agu to the board of Wema Bank Plc as an independent non-executive director. The appointment took effect on Tuesday, March 3, 2026, according to a statement issued by the bank’s company secretary, Mr Johnson Lebile.
Brandspur Banking News Desk reports that the board of Wema Bank welcomed Mr Agu, emphasising the expectation that his extensive experience in engineering, technology, and project development will bring valuable insights to the institution’s strategic initiatives.
Mr Agu is a seasoned entrepreneur and polymath with over 35 years of professional experience spanning engineering consultancy, IT, cybersecurity, and business development. He earned a bachelor’s degree in Civil/Structural Engineering from the University of Nigeria, Nsukka in 1990, and has held significant leadership roles throughout his career. Notably, he served as Partner and Resident Engineer at Project Development Consortium (PDC) from 1993 to 2007, overseeing major projects including structural designs for Orient Bank and the National Maritime Resource Centre.
In 2000, Mr Agu founded I-Sixty Nigeria Limited, a diversified enterprise that has completed landmark projects such as the NIMASA Maritime Museum, Nigerian Navy Dockyard Museum, and the renovation and beautification of eleven airports across Nigeria. He also served on the Governing Board of the National Information Technology Development Agency (NITDA) from 2013 to 2015, contributing to technology governance and policy implementation, including the National IT Policy and COBIT 5 framework.
More recently, he collaborated with Precise Financial Systems between 2018 and 2020 on banking automation solutions and currently leads Eagle Industrial and Energy Limited, focusing on industrial parks and free trade zone infrastructure projects, including the Enugu Tech Market. Mr Agu’s contributions to corporate governance and public administration earned him a Professional Fellowship Doctorate (PFD) from the Institute of Corporate and Public Administration of Nigeria in 2021. He is also a member of the Institute of Software Practitioners of Nigeria (ISPON).
The appointment of Mr Agu is expected to strengthen Wema Bank’s board with his multi-sector expertise, enhancing its capacity for technological innovation, project execution, and strategic growth in the Nigerian banking sector.
This development positions Wema Bank to leverage cross-industry knowledge, reinforce corporate governance, and implement infrastructure-driven banking solutions, aligning with the bank’s long-term objectives of innovation, operational excellence, and market leadership.
