Managing Director / Chief Executive Officer

• Translate the Board's strategy into annual business plans, budgets and functional targets.
  
• Lead the execution of the Bank's strategic and operational objectives.
  
• Monitor business performance and take corrective action where required.
  
• Drive innovation and the effective use of technology across the Bank.
  

• Drive deposit mobilization, customer acquisition, lending and revenue growth.
  
• Ensure effective management of costs, profitability and financial resources.
  
• Monitor the Bank's financial and operational performance against approved targets.
  
• Develop and maintain strong relationships with key customers, businesses and stakeholders.
  

• Maintain effective relationships with the Central Bank of Nigeria, NDIC and other relevant regulators.
  
• Ensure compliance with applicable regulatory requirements, prudential guidelines and internal policies.
  
• Ensure adequate capital, liquidity and other prudential requirements are maintained.
  
• Provide leadership in managing credit, operational, liquidity and other material risks.
  

• Lead and coordinate the executive management team and Heads of Function.
  
• Chair Management Committee and ALCO meetings as required.
  
• Promote a strong culture of integrity, customer service, accountability and effective internal control.
  
• Develop management capability and succession plans for key positions.
  

• Provide accurate and timely reports to the Board and its committees.
  
• Implement Board decisions and provide regular updates on business performance and material risks.
  
• Represent the Bank before regulators, customers, investors and other key stakeholders
  

Requirements

• MBA, MSc or equivalent postgraduate qualification.
  
• Relevant professional certification such as CIBN, ACA, ACCA or CFA is preferred.
  
• Minimum of 15 years' post-qualification experience in banking or financial services.
  
• Minimum of 5 years' experience in senior management within a Bank or Microfinance Bank.
  
• Experience in digital banking or fintech is strongly preferred.
  
• Must satisfy applicable CBN Approved Persons' Regime and fit-and-proper requirements.
  
• Ability to travel
  

  
  Core Competencies

• Strategic and executive leadership
  
• Banking and financial management
  
• Deposit mobilization and business development
  
• Credit and risk management
  
• Regulatory and corporate governance
  
• Financial and commercial acumen
  
• Stakeholder management
  
• People leadership and decision-making
  

• Achievement of approved deposit, revenue, profitability and customer growth targets.
  
• Maintenance of required capital, liquidity and prudential ratios.
  
• Timely and accurate Board and regulatory reporting.
  
• Effective management of regulatory examinations and compliance requirements.
  
• Development and retention of a capable management team.
  
• Achievement of the Bank's approved strategic and operational objectives.
  

Benefits