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The Role
Leads the Microfinance Bank’s strategy, operations, growth, profitability, regulatory compliance, risk management, governance, and financial stability. Drives deposits, lending, customer acquisition, revenue, and technology adoption while maintaining strong controls and prudential requirements. Coordinates executive leadership, Board reporting, stakeholder relationships, succession planning, and regulatory engagement with the Central Bank of Nigeria, NDIC, and other authorities.
Summary Generated by Built In
We are seeking a
versatile, strategic, and results-oriented executive to serve as the Managing
Director/Chief Executive Officer (MD/CEO) of a Microfinance Bank. The MD/CEO
will provide overall leadership and strategic direction for the Bank, driving
the delivery of accessible, responsible, and technology-enabled financial
services to micro, small and medium-sized businesses, entrepreneurs, and
individuals within its licensed area.The role is responsible for driving
sustainable growth in deposits, quality lending, customer acquisition, revenue,
and profitability, while maintaining strong credit discipline, effective
financial and operational controls, regulatory compliance, sound corporate
governance, and the overall financial stability and long-term sustainability of
the Bank.
Key Responsibilities
1. Strategic Leadership
- 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.
2.Business Growth and Financial Performance
- 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.
3. Regulatory and Risk Governance
- 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.
4. Executive and People Leadership
- 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.
5. Board and Stakeholder Reporting
- 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
Performance Measures
- 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
An opportunity to lead and shape a high-growth Microfinance Bank, build a technology-driven financial institution from the ground up, create meaningful financial inclusion and business impact, and enjoy a competitive executive compensation package aligned with the strategic importance of the role.
Skills Required
- MBA, MSc, or equivalent postgraduate qualification
- Relevant professional certification such as CIBN, ACA, ACCA, or CFA
- Minimum of 15 years of post-qualification experience in banking or financial services
- Minimum of 5 years of senior management experience within a bank or microfinance bank
- Experience in digital banking or fintech
- Satisfy applicable CBN Approved Persons' Regime and fit-and-proper requirements
- Ability to travel
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The Company
What We Do
Tokiye Integrated Medical Services (TIMS) Ltd is a premier indigenous health systems project development and management company based in Nigeria. The company focuses on addressing critical needs in healthcare project management with an emphasis on effective and efficient service delivery. Its expertise includes international healthcare procurement and data management, aiming to create significant value within health systems and improve the overall delivery of medical services.
