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Managing Director
About this role
The advert seeks a Managing Director to lead a microfinance bank’s operations and growth in Lagos. The role requires commercial focus, experience in microfinance banking, deposit mobilisation, credit management, and regulatory compliance. The MD will drive deposit growth, customer acquisition, lending, and other revenue-generating activities while ensuring regulatory and operational compliance. The position targets someone who can generate business, build client relationships, and lead a team to meet ambitious targets within a sound, compliant banking institution.
What you would do
- Drive sales and revenue growth across deposit products, loans and savings
- Develop and execute strategies to grow the customer base and market share
- Identify opportunities among individuals, traders, SMEs, cooperatives and other segments
- Build and maintain relationships with high-value customers, corporate clients and partners
- Lead the bank's deposit mobilisation strategy and attract high-value depositors
- Translate board objectives into practical plans, budgets and performance targets
- Oversee day-to-day operations, ensuring efficiency and accountability
- Drive achievement of financial targets including deposit growth, loan growth and profitability
- Ensure compliance with CBN regulations and microfinance guidelines
- Oversee lending to maintain portfolio quality and manage risk and delinquencies
What they are asking for
- Bachelor’s degree in Banking and Finance, Accounting, Business Administration, Economics or related field
- At least 7 years’ relevant microfinance banking experience with deposit mobilisation and business development
- Experience in a senior management or leadership role within a microfinance bank or similar institution
- Proven track record of achieving deposit mobilisation, customer acquisition and revenue growth
- Knowledge of CBN regulations, microfinance operations, regulatory reporting and compliance
- Professional qualifications in banking, finance, accounting or management are an advantage
- Strong sales, networking, negotiation and relationship management skills
- Commercial awareness with understanding of revenue generation and profitability
- Leadership, decision-making and team management abilities
- Hands-on banking professional comfortable driving business growth
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