Managing Director (MD) / Chief Executive Officer (CEO) at SavingsBox

SavingsBox Multipurpose Cooperative Society is a rapidly growing cooperative dedicated to empowering its members through accessible savings, investments, and loan products. Our cooperative model pools member savings and investment funds to provide vital credit, creating a virtuous cycle of financial empowerment.

We are recruiting to fill the position below:

Job Title: Managing Director (MD) / Chief Executive Officer (CEO)

Location: Abuja, Nigeria
Reports To: Board of Directors

The Opportunity

• We are seeking a visionary and dynamic MD/CEO to lead SavingsBox Multipurpose Cooperative Society into its next phase of growth and impact.
• The ideal candidate will be a strategic leader with a deep understanding of financial services, cooperative principles, digital transformation, and the Nigerian financial landscape.
• You will be responsible for driving our strategic vision, ensuring operational excellence, expanding our member base, and fostering a culture of innovation and integrity.

Key Responsibilities

• Provide overall strategic leadership and direction, ensuring alignment with the Cooperative's mission, vision, and values.
• Drive the cooperative's growth trajectory in membership, savings deposits, investment funds, and loan portfolio.
• Oversee all operational aspects, ensuring efficiency, compliance with regulatory requirements (including CBN and cooperative laws), and risk management.
• Develop and implement innovative financial products and services tailored to member needs.
• Cultivate strong relationships with members, regulators, partners, and other key stakeholders.
• Lead, mentor, and develop a high-performing management team and staff.
• Ensure the financial health and sustainability of the cooperative, optimizing revenue generation through our lending and investment activities.
• Represent SavingsBox Cooperative externally, enhancing its reputation and brand presence.

Qualifications

• Minimum of a Bachelor's degree in Finance, Economics, Business Administration, or a related field. MBA or relevant professional certification (e.g., CFA, ICAN, MCIB ACIB ) is highly preferred.
• 10-15 years of progressive experience in the financial services sector, with at least 5 years in a senior leadership/executive role.
• Proven track record in driving growth, profitability, and operational excellence in a financial institution. Experience with cooperatives is highly advantageous.
• Strong understanding of digital financial services, lending, savings, and investment products.
• In-depth knowledge of the Nigerian financial regulatory environment (CBN etc.).
• Exceptional strategic thinking, business acumen, and problem-solving skills.
• Outstanding communication, interpersonal, and leadership abilities.

Application Closing Date
Not Specified.