Managing Director (MD) at a Licensed Fintech-driven Microfinance Bank - Veridion Advisory Partners

Veridion Advisory Partners – Our client is a licensed fintech-driven microfinance bank positioned to redefine digital financial inclusion through technology-enabled lending, payments, and savings solutions. As a startup institution entering a critical growth phase, the organization is building a scalable digital banking model designed to serve individuals, SMEs, and underserved markets through secure, data-driven financial services aligned with CBN regulatory standards.

To establish a world-class financial foundation and institutional governance structure from inception, our client seeks an exceptional executive to fill the position below:

Job Title: Managing Director (MD)

Location: Lagos
Employment Type: Full-time

Job Description

• The Managing Director will provide overall strategic leadership and executive management of the bank, ensuring the successful launch, growth, and sustainability of the institution.
• This role is responsible for building the organizational structure, operational systems, governance frameworks, and commercial strategy required to scale a modern digital microfinance bank while ensuring strict adherence to Central Bank of Nigeria (CBN) regulations and corporate governance standards.
• Working closely with the Board of Directors, the MD will drive business growth, financial performance, regulatory compliance, operational excellence, and stakeholder confidence.

Responsibilities
Strategic Leadership & Institutional Development:

• Develop and execute the bank’s long-term strategic vision and growth roadmap.
• Establish the organizational structure, policies, and governance frameworks.
• Lead the development and execution of annual business plans and performance targets.
• Identify new market opportunities, fintech partnerships, and innovation initiatives.

Business Growth & Market Expansion:

• Drive customer acquisition, deposit mobilization, and lending portfolio growth.
• Develop strategic partnerships with fintechs, corporates, and ecosystem players.
• Position the bank competitively within the digital banking and microfinance sector.
• Promote innovation in financial products and digital service delivery.

Financial Performance & Capital Management:

• Oversee financial planning, budgeting, and performance monitoring.
• Ensure sustainable profitability, asset quality, and liquidity management.
• Monitor financial performance against institutional targets and key performance indicators.
• Support capital strategy and investor engagement where required.

Regulatory Compliance & Corporate Governance:

• Ensure full compliance with CBN regulations, NDIC guidelines, and microfinance banking standards.
• Maintain strong corporate governance and risk management frameworks.
• Liaise with regulators, auditors, and government authorities on behalf of the bank.
• Ensure timely regulatory reporting and audit readiness.

Operations & Institutional Capacity Building:

• Establish efficient operational structures and service delivery frameworks.
• Ensure strong internal controls, operational governance, and risk management systems.
• Drive digital transformation and operational automation initiatives.
• Oversee all business units to ensure alignment with strategic objectives.

Leadership & Organizational Development:

• Build and lead a high-performing executive management team.
• Foster a culture of innovation, accountability, and operational excellence.
• Develop talent and implement succession planning across the institution.
• Promote collaboration and high performance across all departments.

Stakeholder, Investor & Public Representation:

• Represent the bank with regulators, investors, and key industry stakeholders.
• Build strong relationships with shareholders, strategic partners, and clients.
• Act as the public spokesperson of the institution when required.
• Maintain strong institutional reputation and stakeholder confidence.

Requirements
Education:

• Bachelor’s Degree in Finance, Economics, Business Administration, or related discipline.
• MBA or relevant postgraduate qualification is highly desirable.
• Professional banking certification such as ACIB or equivalent is an advantage.

Experience:

• Minimum 20 years experience in banking or financial services.
• At least 10 years in executive or senior management leadership roles.
• Demonstrated experience in microfinance banking, fintech, or retail banking leadership.
• Strong track record in institutional growth, regulatory engagement, and financial performance management.

Other Requirements:

• Must meet CBN “Fit and Proper” criteria for Managing Director of a Microfinance Bank.
• Strong reputation for integrity, governance, and regulatory compliance.
• Entrepreneurial mindset suited for startup financial institutions.

Skills:

• Strong strategic leadership within banking or financial services.
• Deep understanding of microfinance banking operations and regulatory frameworks.
• Strong financial management and corporate governance expertise.
• Proven ability to scale financial institutions or fintech platforms.
• Strong stakeholder, regulatory, and investor management capability.
• Excellent leadership, negotiation, and decision-making skills.

Remuneration

• Competitive executive compensation aligned with financial services leadership benchmarks.
• Performance-based incentives linked to institutional growth and financial performance.
• Opportunity to lead and build a high-growth digital microfinance bank from inception.

Application Closing Date
20th March, 2026.

How to Apply
Interested and qualified candidates should send their CV to: info.veridionadvisorypartners@gmail.com using “Managing Director (MD)” as the subject of the email.