Managing Director – Microfinance Bank

About the role

We are seeking an experienced Managing Director to lead a Microfinance Bank in Lagos. The role combines strategic leadership, operational oversight and business development to drive growth, profitability and regulatory compliance.

Key responsibilities

• Develop and execute strategic business plans to increase revenue, profitability and market share.
• Drive aggressive sales, deposit mobilisation and loan growth across all business units.
• Oversee daily bank operations to ensure efficiency, productivity and service excellence.
• Build and maintain relationships with SMEs, corporate clients, cooperatives, associations and high‑net‑worth individuals.
• Achieve monthly, quarterly and annual business and revenue targets.
• Monitor and improve operational performance, customer experience and service delivery standards.
• Oversee credit operations, risk management, collections and loan recovery processes.
• Ensure compliance with CBN regulations, NDIC requirements and internal policies.
• Prepare and present financial and operational performance reports to the Board of Directors.
• Lead business development and strategic partnership initiatives to expand market share.
• Develop and implement operational controls and performance‑management frameworks.
• Maintain strong corporate governance and internal control systems.

Required profile

• Bachelor’s degree in Finance, Banking, Economics, Business Administration or a related field.
• MBA or relevant Master’s degree is an advantage.
• Mandatory possession of a Microfinance Certification (e.g., MCIB).
• 8–10 years of experience in banking or financial services, with at least 3 years in senior management within a Microfinance Bank.
• Proven track record of deposit mobilisation, loan‑portfolio growth and profitability.
• Strong understanding of microfinance operations, credit management and regulatory compliance.
• Extensive knowledge of CBN regulations and micro‑finance banking guidelines.
• Excellent leadership, negotiation, communication and stakeholder‑management skills.

Required skills

• Microfinance Certification (MCIB or equivalent)