Managing Director (MD) / Chief Executive Officer (CEO) at SavingsBox

Job Title: Managing Director (MD) / Chief Executive Officer (CEO)

The Opportunity

• We are seeking a visionary and dynamic MD/CEO to lead SavingsBox Multipurpose Cooperative Society into its next phase of growth and impact.
• The ideal candidate will be a strategic leader with a deep understanding of financial services, cooperative principles, digital transformation, and the Nigerian financial landscape.
• You will be responsible for driving our strategic vision, ensuring operational excellence, expanding our member base, and fostering a culture of innovation and integrity.

Key Responsibilities

• Provide overall strategic leadership and direction, ensuring alignment with the Cooperative’s mission, vision, and values.
• Drive the cooperative’s growth trajectory in membership, savings deposits, investment funds, and loan portfolio.
• Oversee all operational aspects, ensuring efficiency, compliance with regulatory requirements (including CBN and cooperative laws), and risk management.
• Develop and implement innovative financial products and services tailored to member needs.
• Cultivate strong relationships with members, regulators, partners, and other key stakeholders.
• Lead, mentor, and develop a high-performing management team and staff.
• Ensure the financial health and sustainability of the cooperative, optimizing revenue generation through our lending and investment activities.
• Represent SavingsBox Cooperative externally, enhancing its reputation and brand presence.

Qualifications

• Minimum of a Bachelor’s degree in Finance, Economics, Business Administration, or a related field. MBA or relevant professional certification (e.g., CFA, ICAN, MCIB ACIB ) is highly preferred.
• 10-15 years of progressive experience in the financial services sector, with at least 5 years in a senior leadership/executive role.
• Proven track record in driving growth, profitability, and operational excellence in a financial institution. Experience with cooperatives is highly advantageous.
• Strong understanding of digital financial services, lending, savings, and investment products.
• In-depth knowledge of the Nigerian financial regulatory environment (CBN etc.).
• Exceptional strategic thinking, business acumen, and problem-solving skills.
• Outstanding communication, interpersonal, and leadership abilities.

Application Instructions:

The application deadline is Not Specified. Therefore, qualified and interested candidates should send their resume and a cover letter outlining their experience and why they are a great fit for SavingsBox to: [email protected] using the Job Title as the subject of the email.

 It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.