Management Team

Bosak Microfinance Bank Limited was incorporated in December 2009 with the business objective of providing financial service to micro clients who were excluded from the mainstream financial system. It commenced operations in June 2010 upon obtaining a Unit Microfinance Banking License from the Central Bank of Nigeria. It later obtained a State Microfinance Banking License in 2016.

EXECUTIVE SUMMARY



Bosak Microfinance Bank Limited was incorporated in December 2009 with the business objective of providing financial service to micro clients who were excluded from the mainstream financial system. It commenced operations in June 2010 upon obtaining a Unit Microfinance Banking License from the Central Bank of Nigeria. It later obtained a State Microfinance Banking License in 2016.

Bosak Microfinance Bank Limited’s financial inclusion effort focuses on promoting savings culture, access to credit facilities for income-generation purposes and reducing vulnerability to risk through micro insurance.

The Bank’s major strategic focus employs the group lending methodology in its operations with a leaning towards women. It believes in the commitment of women folk to work hard and help their families conquer poverty. As such, more than 95% of the Bank’s lending activities focuses on women. The success of the bank’s group lending activities largely depends on group solidarity and cohesion.

The success recorded by the bank in its lending program has earned it strategic partnership with the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN) among others.

The combination of cutting-edge technology, a strong and committed Board of Directors and motivated employees has helped the Bank to create a brand widely accepted by its teeming clients in Lagos. It is now expanding its frontiers in a scaling program aimed at delivering improved value to its stakeholders.

Francis Atiri1

Francis O. Atiri, ACA
Ag. Chief Executive Officer

He is a Computer Science graduate of the University of Benin. He also holds a Master's degree (MBA) in Management from the same University. He is an Associate Member of the Institute of Chartered Accountants of Nigeria (ICAN), a Certified Information Systems Auditor and a Certified Microfinance Practitioner by the Chartered Institute of Bankers of Nigeria. He has over fifteen years experience ...

Francis O. Atiri, ACA
Ag. Chief Executive Officer



He is a Computer Science graduate of the University of Benin. He also holds a Masters degree (MBA) in Management from the same University. He is an Associate Member of the Institute of Chartered Accountants of Nigeria (ICAN), a Certified Information Systems Auditor and a Certified Microfinance Practitioner by the Chartered Institute of Bankers of Nigeria. He has over fifteen years experience in Accountancy, Auditing, Training, Research, Investigations, Business and Management Advisory and Consultancy with good understanding of information system audit processes. He is an Alumnus of the School of Africa Microfinance, Kenya.

He is a Certified Expert in Microfinance by the Frankfurt School of Finance and Management.

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Olusola Oyeyemi
Head, Internal Control/Audit/Compliance and ERM

Olusola holds a Master’s degree from the University of Ibadan and has over 20 years’ experience in the Banking Industry. He worked with Eko International Bank and Skye Bank Plc. as Head, Branch Operations. Olusola also worked for some time as Team Lead, Small Business Group during which he provided financial advisory services to Agricultural ...

Olusola Oyeyemi
Head, Internal Control/Audit/Compliance and ERM



Olusola holds a Master’s degree from the University of Ibadan and has over 20 years’ experience in the Banking Industry. He worked with Eko International Bank and Skye Bank Plc. as Head, Branch Operations. Olusola also worked for some time as Team Lead, Small Business Group during which he provided financial advisory services to Agricultural based enterprises and start-ups with tremendous success. He is a certified Customer Relationship Management expert who has attended several trainings and workshops on combating Money Laundering, Customer Service/Relationship Management amongst others.

He is a Certified Microfinance Practitioner by the Chartered Institute of Bankers of Nigeria.

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Olalekan Babalola
Head, Operations

Olalekan holds a second class degree in Business Administration and Management from the University of Ado-Ekiti. He is a Certified Microfinance Practitioner by the Chartered Institute of Bankers of Nigeria. He has over 12 years’ experience in the finance industry with core competence in operational functions, customer service and financial management. He was a volunteer for ...

Olalekan Babalola
Head, Operations



Olalekan holds a second class degree in Business Administration and Management from the University of Ado-Ekiti. He is a Certified Microfinance Practitioner by the Chartered Institute of Bankers of Nigeria.

He has over 12 years’ experience in the finance industry with core competence in operational functions, customer service and financial management.

He was a volunteer for the United Nations Millennium Development Goals initiative and also worked in the Automotive and FMCG Industries prior to joining Bosak Microfinance Bank.

He began his banking career with Bosak Microfinance Bank Limited as a Teller in 2012 where he rose through the ranks to become the Head, Operations of the Bank.

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Sandra Nwese
Head, Business Development Strategy and Client Management

Sandra Nwese holds a B.Sc. in Economics and an MBA in Marketing. She has over 12 years' working experience in the financial sector covering Commercial Banking, Microfinance Banking and Investment Banking. She has a wide range of experience from Customer Service, Banking Operations ...

Sandra Nwese
Head, Business Development Strategy and Client Management



Sandra Nwese holds a B.Sc. in Economics and an MBA in Marketing. She has over 12 years' working experience in the financial sector covering Commercial Banking, Microfinance Banking and Investment Banking. She has a wide range of experience from Customer Service, Banking Operations, Relationship Management, Sales and Human Resources.

She is an Associate Member of Institute of Strategic Management, Nigeria.

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Olawale Oladipo
Head, Credit & Outreach

He holds a BSc. in Economics from Olabisi Onabanjo University, Ago-Iwoye. He has over 11 years' experience in Microfinance with core competence in Business Development and Outreach as well as Product Management. Olawale is certified by the CIBN as a Microfinance Practitioner and he is an Alumnus of the School of Africa Microfinance, Kenya.

Olawale Oladipo
Head, Credit & Outreach



He holds a BSc. in Economics from Olabisi Onabanjo University, Ago-Iwoye. He has over 5 years' experience in Microfinance with core competence in Business Development and Outreach as well as Product Management. Olawale is certified by the CIBN as a Microfinance Practitioner and he is an Alumnus of the School of Africa Microfinance, Kenya.

He is a Certified Expert in Microfinance by the Frankfurt School of Finance and Management.

Olusola Mosaku1

Olusola Mosaku
Head, Human Capital Management

He is a 1999 graduate of Animal Science from Obafemi Awolowo University, Ile – Ife. He was involved in volunteer missionary work before the services of Bosak Microfinance Bank Limited in the year 2010. He worked in the Credit Risk Management Unit as a Credit Analyst and Loan Monitoring Officer. He later rose to become the Head ...

Olusola Mosaku
Head, Human Capital Management



He is a 1999 graduate of Animal Science from Obafemi Awolowo University, Ile – Ife. He was involved in volunteer missionary work before the services of Bosak Microfinance Bank Limited in the year 2010. He worked in the Credit Risk Management Unit as a Credit Analyst and Loan Monitoring Officer. He later rose to become the Head, Human Capital Management Unit of the Bank. Sola is a certified Microfinance practitioner (MCIB) by the Chartered Institute of Bankers of Nigeria (CIBN) and an alumnus of the School of African Microfinance (SAM), Kenya.

He is a Certified Expert in Microfinance by the Frankfurt School of Finance and Management.

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Idowu Ogundile
Head, Credit Risk Management

Idowu holds a second class degree in Economics from the University of Uyo. He has attended the Intensive Microfinance Acceleration program with the Microfinance Association (a global body for microfinance practitioners) and Mastering Basic Credit program with Vision and Talent International Limited. He also attended the Occupational Health, Safety & Environment workshop ...

Idowu Ogundile
Head, Credit Risk Management



Idowu holds a second class degree in Economics from the University of Uyo. He has attended the Intensive Microfinance Acceleration program with the Microfinance Association (a global body for microfinance practitioners) and Mastering Basic Credit program with Vision and Talent International Limited. He also attended the Occupational Health, Safety & Environment workshop with Industrial Training Fund (ITF)
He has a rich background in People Management and Credit Risk Management.
He began his banking career with Bosak Microfinance Bank Limited as a Credit Risk Officer in 2014 where he rose through the ranks to become the Ag. Head of Credit Risk Management Unit of the Bank. He is presently pursuing a professional career in Risk Management.

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Samuel Francis
Head, Information Technology

Samuel Francis (Head, Information Technology) – is a graduate of Computer Science from Olabisi Onabanjo University, Ago-Iwoye where he graduated with a Second class honour, upper division. He has about 10 years’ experience in Microfinance with core competence in Information Technology Security and Service Management. He is a member of ...

Samuel Francis
Head, Information Technology



Samuel Francis (Head, Information Technology) – is a graduate of Computer Science from Olabisi Onabanjo University, Ago-Iwoye where he graduated with a Second class honour, upper division. He has about 10 years’ experience in Microfinance with core competence in Information Technology Security and Service Management. He is a member of Microsoft Virtual Academy and Silicon Africa. Samuel is certified Microsoft Technology Associate (MTA) and Certified Data Protection Officer (DPO). He also certified by CCNA and CCNSP.

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