Presco Plc has named Mr. Ademola Adebise as an Independent Non-Executive Director to fill a casual board vacancy until the company’s next Annual General Meeting.
The appointment was disclosed in a notice to the Nigerian Exchange Limited and shareholders dated 2 October 2025.
The company said the appointment is to fill a casual vacancy on the Board and will run until the next AGM, aligning Presco’s board composition ahead of its upcoming governance cycle.
Mr. Adebise brings more than 33 years of professional experience spanning Information Technology, Treasury, Risk Management, Financial Control and Strategic Planning, Management Consulting and Corporate Banking.
Notably, Mr. Adebise previously served as MD/CEO of Wema Bank where he led the development of Africa’s first digital bank, ALAT, a landmark project in regional fintech adoption.
He has served as a Non-Executive Director at AIICO Pension Managers Limited, the Financial Institutions Training Centre (FITC), Nigeria Inter-Bank Settlement Systems Plc (NIBSS), and Great Nigeria Insurance Plc, demonstrating long-standing boardroom experience across financial services.
Mr. Adebise currently serves as a Non-Executive Director at AIICO Capital Limited and AIICO Insurance Plc and as an Independent Non-Executive Director of FCMB Group Plc, and he chairs Family Homes Fund Limited.
He holds fellowships and memberships in key professional bodies, including Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and Fellow of the Chartered Institute of Bankers of Nigeria (FCIB), alongside memberships of the Computer Association of Nigeria (MCOAN), the Chartered Institute of Taxation of Nigeria (ACIT) and the Institute of Directors (IOD).
“Mr. Adebise brings a wealth of diversity and experience that will enrich our leadership team and complement the existing strength of the Board to drive progressive growth for the Company,” the board stated, welcoming his appointment and framing it as a strategic complement to Presco’s leadership.
“The Board warmly welcomes Mr. Ademola Adebise and looks forward to his valuable contributions to the the Company.”
