Executive Director – MfB

Job Description

Job Title: Executive Director

Ref: MFB/ED/MAY25/CoM

Location: Lagos, Nigeria

Industry: Financial Services (Microfinance Banking)

Employment Type: Full-time

Job Overview:

We are seeking an energetic, strategic, and execution-focused Executive Director (Ref: MFB/ED/MAY25/CoM) to work alongside the Managing Director in driving business development, operational excellence, and digital innovation at a licensed microfinance bank, which is part of a reputable and diversified financial services group.

The ideal candidate will possess strong expertise in banking operations, digital financial services, and deposit mobilization. This role offers a unique opportunity to contribute to the bank’s growth mandate within the group’s broader vision, translating strategy into measurable outcomes and fostering innovation across key functions.

Essential Job Duties & Responsibilities

• Collaborate with the Managing Director to execute the Bank’s strategic and operational plans in line with the vision and objectives of the Board and the broader goals of the Group.
• Drive client acquisition and deposit mobilization through relationship-building, partnerships, and targeted market engagement.
• Lead the rollout of digital initiatives and partnerships that enhance customer experience, drive process efficiency, and position the Bank competitively within the Group’s digital transformation agenda.
• Oversee day-to-day banking operations to ensure service excellence, process discipline, and cost optimization across branches and digital channels.
• Ensure full compliance with internal policies, regulatory requirements, and group-level governance frameworks, while proactively identifying and mitigating risks.
• Contribute to the design and launch of innovative financial products and delivery channels that meet the evolving needs of MSMEs and individual clients.

Job Requirements

• Bachelor’s degree in social sciences, finance, business administration, or a related field.
• Postgraduate qualification or professional certifications (e.g., CIBN, MBA, ACCA) is an added advantage
• Minimum of 10 years of experience in banking or financial services, with at least 3 years in a leadership or executive role.
• Track record of deposit mobilization and strong understanding of digital financial services.
• Solid operational background with a deep knowledge of credit, risk, and regulatory frameworks.
• Strong leadership, interpersonal and communication skills.