The Digest:
Risevest has initiated an internal review after old tweets from senior executive Otas Evbuomwan, dating back to 2013, resurfaced online showing derogatory comments about Yoruba women. CEO Eke Eleanya Urum said the company was tagged in screenshots late Thursday and has convened a meeting with the leadership team. He stated that while the comments were made before Risevest was founded and do not reflect company values, "they are not casual and are too serious to be dismissed." The company has commenced an internal review of the executive's conduct.
Key Points:
- The tweets span from 2013 to the present, with the executive reportedly doubling down in 2026.
- Risevest was founded by Bosun Olanrewaju and others as an inclusive company.
- The CEO says no evidence yet shows the tweets reflect the executive's character or actions.
- Critics have called for suspension pending review, citing Paystack's firing of a founder.
- The controversy threatens Risevest's reputation with stakeholders and banking partners.
