Nigeria: Moniepoint Microfinance Bank Appoints Bayo Olujobi as New CFO
Moniepoint Microfinance Bank has announced the appointment of Bayo Olujobi as its Chief Financial Officer (CFO), reinforcing the bank’s commitment to advancing financial inclusion.
Olujobi joins Moniepoint from Stanbic IBTC Bank, a member of the Standard Bank Group, where he served as CFO and as a Non-Executive Director at Stanbic IBTC Capital.
The bank highlighted that Bayo Olujobi brings extensive experience and a strong track record in financial management, encompassing financial and regulatory reporting, management accounting, compliance and capital management, budgeting, and strategic leadership.
His addition to Moniepoint’s executive team is seen as a strategic move to bolster the bank’s capabilities.
This announcement follows Moniepoint Inc.’s successful Series C funding round, where the holding company raised $110 million. This funding round aims to consolidate Moniepoint MFB’s position as a leading bank for small and medium-sized enterprises (SMEs) in Nigeria.
Related Posts
By
Zadara AI Sovereign Cloud launches in Kenya, improving digital transformation
In a significant step toward advancing Kenya’s digital landscape, iXAfrica Data Centres, East Africa’s premier hyperscale, AI-ready data…
Abzena appoints Geoffrey Glass as CEO
Abzena, a leading end-to-end integrated contract development and manufacturing organization (CDMO) and contract research organization (CRO) specializing in…
Muhumuza champions open contracting for sustainable procurement at Africa Summit
Edwin Muhumuza, Head of Africa at the Open Contracting Partnership, championed open contracting as a critical driver for…
Gallery
