About the Role
iRecruiters Africa Limited is seeking an experienced, vision-driven, and strategic Managing Director (MD) to lead our client, a prominent financial institution in Nigeria. In this executive capacity, you will serve as the Chief Executive Officer, taking ultimate responsibility for overall strategic direction, operational management, financial growth, and regulatory compliance. You will lead the executive team in expanding the institution's market footprint, driving digital transformation, and delivering sustainable profitability while maintaining rigorous risk management standards.
Key Responsibilities- Formulate, execute, and monitor short- and long-term strategic plans in alignment with the Board of Directors' vision.
- Drive business growth, market share expansion, and customer acquisition across target microfinance and SME segments.
- Identify new market opportunities and innovative product offerings, including digital lending and mobile banking platforms.
- Represent the organization in high-level stakeholder meetings, key strategic partnerships, and public industry forums.
- Oversee day-to-day operations across all branches and functional units, ensuring seamless execution and service delivery.
- Ensure the health and quality of the loan portfolio by maintaining robust credit risk assessments and efficient collection strategies.
- Supervise the deployment of digital banking infrastructure to streamline operations and enhance the customer experience.
- Maintain ultimate accountability for financial health, profit and loss (P&L), capital adequacy, and liquidity management.
- Establish robust internal control, governance, and risk management frameworks to mitigate operational and credit risks.
- Ensure total compliance with Central Bank of Nigeria (CBN) regulations and Nigeria Deposit Insurance Corporation (NDIC) guidelines.
- Lead, mentor, and inspire an executive leadership team to achieve high performance and foster an ethical organizational culture.
- Bachelor's degree in Banking, Finance, Economics, Accounting, or Business Administration; a Master's degree or MBA is highly preferred.
- Mandatory Microfinance Certified Banker (MCB) certification issued by the Chartered Institute of Bankers of Nigeria (CIBN).
- Minimum of 15 years of progressive experience in the banking sector, with at least 5 to 7 years in a senior executive leadership role.
- Must meet all regulatory Fit and Proper person requirements set by the Central Bank of Nigeria (CBN).
- Proven track record of portfolio growth, successful digital transformation, and profitability in the financial services sector.
- Deep understanding of microfinance operations, credit management, financial technology, and board-level reporting.
- Competitive executive compensation package with performance-based bonuses.
- Comprehensive health insurance coverage for self and family.
- Opportunity to shape the strategic direction of a growing financial institution.
- Professional development and executive coaching opportunities.