Managing Director

• The company is seeking to hire an experienced, vision-driven, and strategic Managing Director (MD). The MD will serve as the Chief Executive Officer, taking ultimate responsibility for the overall strategic direction, operational management, financial growth, and regulatory compliance of the bank. You will lead the executive team in expanding the bank's market footprint, driving digital transformation, and delivering sustainable profitability while maintaining rigorous risk management standards.

Key Responsibilities:

• 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.