Moniepoint Appoints Bayo Olujobi as Chief Financial Officer
Moniepoint Microfinance Bank has strengthened its executive team with the appointment of Bayo Olujobi as its new Chief Financial Officer (CFO). Olujobi, a seasoned financial expert with a proven track record, brings a wealth of experience to the role.
Prior to joining Moniepoint MFB, Olujobi served as the Chief Financial Officer at Stanbic IBTC Bank, where he played a pivotal role in driving financial performance and operational efficiency. He also held a position as a Non-Executive Director at Stanbic IBTC Capital.
With nearly two decades of experience in the financial sector, Olujobi has a deep understanding of financial management, regulatory compliance, and strategic planning. His expertise in treasury management, business development, and strategy formulation will be invaluable to Moniepoint MFB as it continues to grow and innovate.
Both Tosin Eniolorunda, Group CEO of Moniepoint Inc., and Bayo Olujobi expressed their enthusiasm about the appointment, highlighting the positive impact it will have on the company’s future.
Olujobi emphasized his excitement about joining Moniepoint MFB at this pivotal moment and contributing to its mission of empowering individuals and businesses through innovative financial solutions.
“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,” Olujobi said in a press release seen by Financial Inclusion Africa.
Olujobi’s appointment comes on the heels of Moniepoint Inc.’s successful Series C funding round, which raised $110 million. His appointment will further fuel the company’s growth and enable it to solidify its position as a leading financial services provider for small and medium-sized businesses in Nigeria.
