Moniepoint Microfinance Bank has announced the appointment of Bayo Olujobi as its new Chief Financial Officer reinforcing the bank’s commitment to advancing financial inclusion.
Olujobi, who joins Moniepoint from Stanbic IBTC Bank—a member of the Standard Bank Group—brings a wealth of experience in financial management.
He previously served as the CFO of Stanbic IBTC Bank and as a Non-Executive Director at Stanbic IBTC Capital.
With his deep expertise in financial and regulatory reporting, management accounting, compliance, capital management, and strategic planning, Olujobi is expected to play a key role in driving Moniepoint MFB’s growth and strategic direction.
Moniepoint Microfinance Bank (MFB) is bolstering its leadership team following the successful completion of a $110 million Series C funding round by its parent company, Moniepoint Inc. This move is aimed at strengthening the bank’s position as a key financial partner for small and medium-sized businesses in Nigeria.
A Certified Treasury Professional, Bayo has held numerous senior roles throughout his career, demonstrating significant expertise in finance, business development, strategy, and treasury management.
Olujobi’s strategic leadership has played a key role in enhancing financial performance and operational efficiency at both Stanbic IBTC and Asset and Resource Management Company, where he previously held senior roles.
His ability to drive results and optimize operations has been central to the success of these organizations.
As a Certified Treasury Professional, he holds a globally recognized credential that signifies his expertise in managing corporate liquidity, capital, and risk.
The CTP designation is regarded as the gold standard in the finance industry, underscoring his proficiency in executing critical financial functions at the highest level.