Few days after raising $110 million through partnership with various companies, Moniepoint Microfinance Bank, one of the largest Fintech banks, announced the appointment of Bayo Olujobi, former member of Standard Bank Group, as its Chief Financial Officer to strengthen the bank’s financial operations and support their long-term goals.
According to the company, Bayo brings a wealth of experience and a proven track record in financial management, including financial and regulatory reporting, management accounting, compliance and capital management, and budgeting and strategy formulation as well as strategic leadership to the bank’s executive team.
Bayo, who is a Certified Treasury Professional (CTP) has held various senior roles, demonstrating exceptional expertise in finance, business development & strategy and treasury management.
The Group CEO of Moniepont Inc., Tosin Eniolorunda, while commenting on the appointment said that Bayo’s leadership skills would help to consolidate the bank’s market leadership and support their long-term goal.
“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,” he said.
Bayo Olujobi while reacting to his appointment said that the bank is at the forefront of delivering an easy platform to manage the financial life of customers.
“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,” Bayo said.
