The Board and Management of Richway Microfinance Bank Limited has announced the appointment of Adenrele Oni, as the Managing Director of the Bank.
Richway Microfinance Bank is a newly licensed financial institution with focus on providing financial empowerment to those at the base of the economic pyramid and supporting SMEs.
Prior to this appointment, Oni was the Managing Director of FBN Mortgages Limited, a subsidiary of First Bank of Nigeria Limited. He was also at some time, the Chief Representative Officer for FirstBank’s South African office and President South Africa – Nigeria Chamber of Commerce and Industry.
He currently serves on the Board of Nigerians in Diaspora Organization in South Africa (NIDO SA).
As the Managing Director of Richway Microfinance Bank, his mandate is to position the Bank as a leading microfinance institution in Nigeria.
According to a statement from the Bank, “His track record typifies our bank’s value system hinged on dependability, entrepreneurship, integrity and resilience and the Board has no doubt that Adenrele will make the expected impact in developing a sound foundation for the newly established organization.
A Fellow of the Chartered Institute of Taxation of Nigeria (FCTI), Oni is an experienced banker with over 25 years’ professional practice. He is an Honorary Senior Member of the Chartered Institute of Bankers of Nigeria (CIBN) and an alumnus of the Lagos Business School Senior Management Programme.
He has attended various leadership, management development, executive, banking and finance programmes in various institutions in Nigeria and abroad, such as Lagos Business School, INSEAD, Chicago Booth University, The Wharton School of the Pennsylvania University, DevPar Canada as well as University of Michigan Business School, USA.
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