Managing Director

• Formulate, execute, and monitor the bank's short- and long-term strategic plans in alignment with the Board of Directors' vision.
  
• Drive business growth, market share expansion, and customer acquisition across target microfinance and SME segments.
  
• Identify new market opportunities, expansion locations, and innovative product offerings (e.g., digital lending, mobile banking platforms).
  
• Represent the bank in high-level stakeholders' meetings, key strategic partnerships, and public/industry forums.
  
• Oversee day-to-day operations across all branches and functional units, ensuring seamless execution and service delivery.
  
• Ensure the health and quality of the loan portfolio by maintaining robust credit risk assessments and efficient loan collection/recovery strategies.
  
• Supervise the development and deployment of digital banking infrastructure to streamline operations and enhance customer experience.
  
• Monitor operational metrics and financial performance indicators against set targets and budgets.
  
• Maintain ultimate accountability for the bank’s financial health, profit and loss (P&L), capital adequacy, and liquidity management.
  
• Oversee annual budgeting, financial forecasting, capital allocation, and resource optimization processes.
  
• Establish robust internal control, governance, and risk management frameworks to mitigate operational, credit, liquidity, and reputational risks.
  
• Ensure continuous readiness for internal and external audits and timely implementation of audit recommendations.
  
• Ensure total adherence and compliance with Central Bank of Nigeria (CBN) regulations, Nigeria Deposit Insurance Corporation (NDIC) guidelines, and other relevant regulatory bodies.
  
• Maintain clear and transparent communication with the Board of Directors, providing regular performance updates, strategic reports, and risk evaluations.
  
• Ensure corporate governance best practices are strictly embedded across all levels of the institution.
  
• Lead, mentor, and inspire an executive leadership team and broader workforce to achieve high levels of performance and accountability.
  
• Foster an inclusive, high-performance, and ethical organizational culture focused on innovation and customer-centricity.
  
• Oversee talent retention strategies, capacity building, and succession planning for critical bank roles.
  

Requirements

• Bachelor’s degree in Banking, Finance, Economics, Accounting, Business Administration, or related disciplines. Master’s degree or MBA from a recognized institution is highly preferred.
  
• Mandatory Microfinance Certified Banker (MCB) certification issued by CIBN. Additional professional qualifications such as ACA, ACCA, CFA, or CIBN are strongly desirable.
  
• Minimum of 15 years’ progressive experience in the banking sector (commercial or microfinance banking), with at least 5 to 7 years in a senior executive leadership role (e.g., Executive Director, General Manager, or Chief Operating Officer).
  
• Must meet all regulatory "Fit and Proper" person requirements set by the Central Bank of Nigeria (CBN) for microfinance bank executives.
  
• Proven track record of portfolio growth, successful digital banking transformation, risk management, and profitability in a microfinance or financial services environment.
  
• Deep understanding of microfinance operations, credit management, financial technology, regulatory frameworks, and board-level reporting.
  

Benefits