Moniepoint Microfinance Bank has announced the appointment of Bayo Olujobi as its Chief Financial Officer (CFO).
This step complements the bank’s visionary commitment to powering financial inclusion.
The bank is also solidifying its team to consolidate its position as a bank for small and medium-sized businesses in Nigeria.
Bayo Olujobi joins Moniepoint MFB from Stanbic IBTC Bank , where he served as the Chief Financial Officer and also as a Non-Executive Director, Stanbic IBTC Capital.
According to the company, Bayo is a great addition to the bank with his wealth of experience and proven track record in ;
- financial management,
- financial and regulatory reporting,
- management accounting,
- compliance and capital management, and
- budgeting and strategy formulation as well as
- strategic leadership
Commenting on the appointment, the Group CEO of Moniepont Inc., Tosin Eniolorunda, said:
“We are delighted to welcome an accomplished and business-savvy professional like Bayo to the Moniepoint family.
His extensive experience in traditional banking and strategic insight as an innovative thought leader will be invaluable as we continue to grow, innovate, and consolidate our market leadership in the financial services industry. Bayo’s leadership will undoubtedly strengthen our financial operations and support our long-term goals.”
Bayo Olujobi’s profile
With close to twenty years of experience in the financial sector,
Bayo, is a Certified Treasury Professional (CTP) and has held various senior roles, demonstrating exceptional expertise in finance, business development & strategy and treasury management.
His strategic vision and leadership have been instrumental in driving financial performance and operational efficiency at both Stanbic IBTC and Asset and Resource Management Company (ARM) where he previously worked.
Bayo holds a Master of Business Administration, MBA from the Cranfield School of Management, UK as well as a Bachelor’s of Science Degree in Economics from the Lagos State University, where he finished as Best graduating student.
Olujobi’s financial expertise has also been globally acknowledged as the recipient of the Financial Services CFO of the Year (West Africa), and Most Innovative Financial Services CFO (Africa) at the Acquisition International Global CFO Excellence Awards in 2021 and 2022 respectively.
Reaching to his appointment , Olujobi said ;
“I am really excited to have the opportunity to join Moniepoint at this time. The bank has developed an unparalleled customer proposition across the business and personal banking segments and I believe it is on the cutting edge of delivering what the consumer craves – a secure, convenient and easy platform to manage their financial lives – Moniepoint is right at the forefront of this movement.”