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Management Team

The bank is licensed and regulated by Central Bank of Nigeria (CBN) and insured by the Nigerian Deposit Insurance Corporation (NDIC)

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Management Team

Managing Director

Abimbola Adewale

Head, Internal Audit

Aniegbunem Ndubuisi Benedict O.

Head, Operations

Ngozi Obiorah

Group Head, Credit & Marketing

Okonofua Christie

Group Head, FINCON & Information Technology

Bakare Adeola

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    Abimbola Adewale

    Managing Director

    Mr. Abimbola Adewale possesses over 2 decades of banking experience spanning business strategy, banking operations, foreign exchange, relationship management, product development, non interest banking, credit risk management, retail banking, public sector marketing, microfinance, training and SME /Small business segment management. Mr. Abimbola holds a Degree in Accounting, Post Graduate Diploma in Financial Management and Master’s Degree in Business Administration from Obafemi Awolowo University, Ile- Ife.

    He has also attended various courses both locally and abroad, notable among which are Micro, SME & Housing Finance Summer Academy at the Frankfurt School of Finance and Management, Frankfurt Germany, Advanced Microfinance Training at the School of African Microfinance Kenya, Deutsche Bank Training in Alternative Finance, Trade Finance and LC Course for Managers, Facility Rating Model Workshop for SMEs, Advance Credit Course for Officers , Leasing and SME's Financing Course for Managers, Branch Banking Course for Managers and Risk Management training for Microfinance Banks, Team Building and Leadership Course, Principles of Microfinance and Corporate Governance for Directors of Microfinance Banks and High Performance Training for Executives. Mr. Abimbola is a certified Microfinance Practitioner and a finalist at the 2018/2019 Hubert Humphrey Fellowship.

    He is also certified as an International Certified Expert in Microfinance from Frankfurt School of Finance and Management. Mr. Abimbola is a member of the Microfinance Association of UK, Chartered Institute of Bankers of Nigeria, the SME Club of the Enterprise Development Center, the Chartered Institute of Loan and Risk Management of Nigeria and the 2013 CBN post examination monitoring team. Prior to joining CEMCS Microfinance Bank Limited, Mr. Abimbola had worked at various banks in Nigeria including Habib Nigeria Bank, Oceanic Bank International, Unity Bank and UNAAB Microfinance Bank Limited. He is currently the Vice President of Aquarians Club International and President, Onward Club of Igbogila.

    Aniegbunem Ndubuisi Benedict. O.

    Head of Internal Audit, Control and Compliance

    Aniegbunem Ndubuisi Benedict. O. is the Head of Internal Audit, Control and Compliance. He was formerly the Head of Operation. He has over Nine years of experience in Microfinance with appreciable number of years in the Audit/Operation Department, He Holds a HIGHER NATIONAL DIPLOMA (HND) in Business Administration, and Management. From the LAGOS STATE POLYTECHNIC, LAGOS.

    Aniegbunem Ndubuisi O.B. is a member of the INSTITUTE OF CHARTERED MAMANAGEMENT AUDITOR, LAGOS (AICMA), and a certified microfinance practitioner (MCP 1, MCP 2 CIBN Certified).

    Ndubuisi, joined the CEMCS MFB, Family in 2013, as a Team Lead.in the Operation Department of the Bank, and has moved from operation Department and Audit Department respectively. He has also attended various in-house Training within the Chevron Environment and external professional training in the south western part of Nigeria, Lagos, Ogun state and Ibadan respectively.

    Ngozi Obiorah

    Head, Operations

    Ngozi is the Head of Operations of the Bank. She is in charge of monitoring and ensuring that all aspects of operations in the bank are appropriately managed across all business processes and units.

    Ngozi joined CEMCS MFB with over nine (9) years' work experience across various sectors of bank. She worked at United Bank of Africa Plc at different capacities and sectors as follows: Consumer Banking, Human Resources, Domestic Operations and Foreign Operations.

    Ngozi joined CEMCS MFB as the pioneer Head of Operations in 2012. Three years later, she was redeployed to Business Development department where she assumed the role of Head of Business Development. She also worked as Head Credit and Appraisal department from there to Business Banking before returning back to Operations. Ngozi is presently the Head, Operations. Ngozi holds B.Sc. in Banking & Finance (UNIZIK) and MBA in Business Administration in the same university. She is a Fellow of Certified Microfinance Professional (MCP). Ngozi has attended various professional trainings, business development seminars/workshops and lectures.

    Okonofua Christie

    Group Head, Credit & Marketing

    Mrs. Christie Okonofua is the Group Head, Credit & Marketing Department of CEMCS Microfinance Bank Limited.

    She joined CEMCS MFB in 2012 as a Management staff and currently supervises Credit Risk and Marketing Departments as the Group Head. She has supervised works in different departments of the bank; Operations department, HR and Corporate Services Department.

    Christie is a highly experienced and has a technical-know-how of banking with over 22 years' experience in Banking Industry. She started her banking career in United Bank for African (UBA) in 1998 and later worked in various commercial banks, joined New ACB in 2001, moved to Spring Bank in 2006 and moved to Oceanic bank in 2009.

    She came to CEMCS Microfinance Bank 2012 as a pioneer staff to start the bank, took part in all aspect of business development in the new markets and generated Deposit Liability and Risk Assets for the bank to start off.

    She has attended various trainings & workshops locally and internationally including training at the prestigious Frankfurt School of Finance & Management in Germany. She holds an HND in Marketing, PGDM in Management, MBA in Business Administration and a Certified Microfinance Banker (MCIB). She is a member of Chartered Institution of Bankers of Nigeria (CIBN).

    Bakare Adeola

    Group Head, FINCON & Information Technology

    Bakare Adeola is a finance expert. He has vast knowledge and experiences in Accounting and financial management in various sectors of the nations’ economy.

    He is a certified Microfinance banker (MCIB) of the Chartered Institute of Bankers of Nigeria. He holds a Higher National Diploma in Accounting from Yaba College Of Technology, Yaba and Master in business administration (MBA) degree from Lagos State University Ojo, Lagos State.

    He possesses robust institutional memories and background honed from the bank's foundation as the pioneer Head of Banking Operations and Financial Control where he rose to become Group Head, Finance and Information Technology.