Managing Director / Chief Executive Officer At Antal International

Antal International is a global executive recruitment organisation with over 130 offices in more than 30 countries.


Job Title: Managing Director / Chief Executive Officer


Job description

Job Description

The MD/CEO will have overall management responsibility with direct line authority in the Bank, one of the leading Microfinance banks in Nigeria. It has an ownership group composed of a select number of Nigerian banks and international investors.

The MD/CEO will be the first representative of the organization and have the overall responsibility to plan, organize and control all of the day-to-day activities of the microfinance bank. At all times, the MD/CEO will be responsible to the Board of Directors of the Bank. He or she will be responsible for the formation and approval of the Bank’s strategy by the board of directors.

The successful candidate will have overall responsibility for the execution of the company’s strategy for expansion and delivery of all the banks financial services including digital financial services in line with the business objectives agreed by the Board.

The MD/CEO Will

Be a member of the Bank Board of Directors.
Execute the decisions of the Bank Board of Directors.
Manage the day-to-day operations of the Bank.
Participate in hiring and supervision of the senior management team.
Manage relationships with Investors, regulatory agencies, creditors and other partner institutions.
Create and implement a framework for the operation of an effective senior management team.
Foster and maintain a corporate culture within the Bank that embodies high integrity and all other Bank values.
Ensure that the organization follows best practices for internal control and risk management.
Operates in a fiscally responsible manner within agreed budget parameters.
Ensure sound financial recording /reporting.
Ensure that the Bank meets the targets set forth in the business plan and annual budget. Supervise all heads of department to achieve efficient, productive and profitable loan and deposit portfolio growth in line with corporate strategy.
Lead the identification of target market segments and develop strategies for growth.
Provide strategic input and direction for the development of performance targets, including on-going monitoring to ensure achievement of set targets.
Build the organizational structures and business teams to maximize productivity and performance.
Ensure business compliance with company’s policies, procedures and corporate governance expectations.
Participate in projects geared towards new products/ service development and or product / service enhancement by giving appropriate guidance on required checks, controls, processes and procedures in line with leading practices within the sector.
Facilitate and present periodic business performance review reports to the Board.
Participate in other Executive Management Committees and other related tasks.
Ensure and promote advocacy roles within the Microfinance Bank Associations.
Ensure the bank delivers on its short and long term strategic road map.

Qualification(s)

First degree, preferably in a numeric discipline e.g. Economics, Business Administration, Accountancy, etc. or related field with a minimum of Second Class Honors (Lower Division).
A post-graduate degree or its equivalent in any discipline. An MBA or any other related professional qualification is required.
Relevant professional qualifications/affiliations such as ICAN, CIBN, CFA, ACIB, etc.
A minimum of 15 – 20 years diverse experience (i.e. banking, insurance, microfinance, etc.) as well as experience in multi-functional roles within the industry.
Minimum of 10 years senior management experience within the financial services industry.
Prior microfinance experience is desirable, particularly within a microfinance bank with international ties.
Attendance at relevant development programs such as those listed below would be an added advantage:
Boulder Institute of Microfinance Training
Harvard Business School-Accion Program on Strategic Leadership in Inclusive Finance
School of African Microfinance
Prior board-level experience/ experience reporting to a board/ board committee.
Prior working experience in international organization such as World Bank, DFID, ILO, IFC etc. will be an added advantage
Strong communication skills.

Competency/ Skill Requirements

Knowledge and understanding of the Nigerian financial services market.
Prior experience leading functions such as:
Banking Operations
Commercial/Marketing
Finance/Risk Management
Human Resources
Information Technology
Good product development and portfolio management capabilities.
Excellent customer relationship development/management skills.
Knowledge and understanding of commercial financial products.
Ability to think strategically and holistically and to appreciate the systemic impact of various policies, issues and solutions.
Must have a high sense of responsibility, accountability, integrity and ethical standards.
Must have strong business acumen, maturity and tact, including the ability to relate with highest levels of management of financial institutions.




How to Apply


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