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.

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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.

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Olusola Mosaku
Ag. Managing Director

He is a 1999 graduate of Animal Science from Obafemi Awolowo University, Ile–Ife. He joined Bosak Microfinance Bank Limited in 2010 and 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, a position he held until 2023, when he ...

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Olusola Mosaku
Ag. Managing Director


He is a 1999 graduate of Animal Science from Obafemi Awolowo University, Ile–Ife. He joined Bosak Microfinance Bank Limited in 2010 and 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, a position he held until 2023, when he became the Group Head, General Services. 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 an Associate Member of Chartered Institute of Personal Management of Nigeria (CIPM). He is also a Certified Expert in Microfinance and in Financial Inclusion Policy by the Frankfurt School of Finance and Management, Germany. Sola’s over 15 years experience in the industry cuts across Credit Analysis and Risk Management, Human Capital Development, Administration, and Strategic Leadership. He has attended several trainings, both home and abroad that have broadened his understanding of the microfinance subsector.
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Olawale Oladipo
Head, Business Development & Strategy

He holds a BSc. in Economics from Olabisi Onabanjo University, Ago-Iwoye. He has over 14 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 ...

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Olawale Oladipo
Head, Business Development & Strategy


He holds a BSc. in Economics from Olabisi Onabanjo University, Ago-Iwoye. He has over 14 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.
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Olusola Oyeyemi
Head, Internal Control, Audit & Compliance

Olusola holds a Masters degree from the University of Ibadan and has over 20 years experience in the Banking Industry. He worked with Eko International Bank, which later became Skye Bank Plc (now Polaris Bank). as Head, Branch Operations in various branches. Olusola also worked for some time as a Team Lead while with the bank, during ...

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Olusola Oyeyemi
Head, Internal Control, Audit & Compliance


Olusola holds a Masters degree from the University of Ibadan and has over 20 years experience in the Banking Industry. He worked with Eko International Bank, which later became Skye Bank Plc (now Polaris Bank). as Head, Branch Operations in various branches. Olusola also worked for some time as a Team Lead while with the bank, 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, Environmental and Social Risk Management, amongst others. He is a Certified Microfinance Practitioner by the Chartered Institute of Bankers of Nigeria and a Certified Data Protection Officer.
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Abdulazeez Olayemi
Head, Information Technology

Abdulazeez Olayemi A. holds a First Class Bachelor's degree in Information Technology from Al-Madinah International University, Selangor, Malaysia. He has a strong professional background in Information Technology with over 10 years progressive experience in banking, seven of which he has spent as a member of management teams. He has built ...

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Abdulazeez Olayemi A.
Head, Information Technology


Abdulazeez Olayemi A. holds a First Class Bachelor's degree in Information Technology from Al-Madinah International University, Selangor, Malaysia. He has a strong professional background in Information Technology with over 10 years progressive experience in banking, seven of which he has spent as a member of management teams. He has built a solid reputation for driving technology initiatives that enhance operational efficiency, strengthen security, and support strategic business growth within the microfinance sector. With strong competence in IT infrastructure management, digital banking solutions, cybersecurity, and process automation; Abdulazeez has played a pivotal role in modernizing Bosak Microfinance Bank’s technology environment. His leadership in designing and implementing robust systems continues to contribute significantly to service delivery, innovation, and organizational resilience. He is committed to continuous professional development and excellence, leveraging his technical expertise and managerial experience to support a technology-driven and customer-focused microfinance institution.
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Taiwo Oluwaseyi
Head, Financial Control

He holds a BSc Second Class Upper Division in Banking and Finance from Redeemers University, Ede, Osun State. He has over 8 years of experience as Finance Manager in the Fintech and Microfinance Bank Industries.
His core competencies include Financial Statements Preparation, Regulatory Returns Rendition, Treasury Management, Budgeting and Forecasting, Audit & Assurance ...

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Taiwo Oluwaseyi
HEAD, Financial Control


He holds a BSc Second Class Upper Division in Banking and Finance from Redeemers University, Ede, Osun State. He has over 8 years of experience as Finance Manager in the Fintech and Microfinance Bank Industries. His core competencies include Financial Statements Preparation, Regulatory Returns Rendition, Treasury Management, Budgeting and Forecasting, Audit & Assurance, Business Research and Analysis. He is an Associate Member of the Institute of Chartered Accountants of Nigeria (ICAN).
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Ogundile Olawale Idowu
Head, Credit Risk Management

Ogundile Olawale Idowu holds a Second-Class Bachelor’s degree in Economics from the University of Uyo and a Diploma in Advanced Excel. He is a certified Microfinance Practitioner (MCIB) by CIBN.

He has gone through several trainings, including the Intensive Microfinance Acceleration Program with the Microfinance Association ...

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Ogundile Olawale Idowu
Head, Credit Risk Management


Ogundile Olawale Idowu holds a Second-Class Bachelor’s degree in Economics from the University of Uyo and a Diploma in Advanced Excel. He is a certified Microfinance Practitioner (MCIB) by CIBN. He has gone through several trainings, including the Intensive Microfinance Acceleration Program with the Microfinance Association an international body for microfinance professionals, and the Mastering Basic Credit Program with Vision and Talent International Limited. He has also undergone training in Credit Risk Management and AML/CTF/CPF compliance. Olawale possesses a strong background in People Management, Environmental & Social Risk Management, and Credit Risk Management. He began his banking career with Bosak Microfinance Bank Limited as a Credit Risk Officer and rose through the ranks to become the Head of the Credit Risk Management Unit. He is currently advancing his professional career in Risk Management.
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Olalekan Babalola
Head, Operations

Olalekan holds a Second-Class Upper in Business Administration and Management from the University of Ado-Ekiti (now Ekiti State University). He is a Certified Microfinance Banking Practitioner by the Chartered Institute of Bankers of Nigeria. He is also a Certified Data Protection Practitioner.

With over 13 years experience in the financial services sector, Olalekan has built ...

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Olalekan Babalola
Head, Operations


Olalekan holds a Second-Class Upper in Business Administration and Management from the University of Ado-Ekiti (now Ekiti State University). He is a Certified Microfinance Banking Practitioner by the Chartered Institute of Bankers of Nigeria. He is also a Certified Data Protection Practitioner. With over 13 years experience in the financial services sector, Olalekan has built strong competence in banking operations, customer service, and financial management. His professional background includes relevant exposure in the Automotive and FMCG industries. Before joining BosakMFB, he volunteered with the United Nations Millennium Development Goals (MDGs) initiative and has developed extensive knowledge in mitigating due diligence exposures relating to ML/FT/PF risks.
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