Managing Director at Prodigy Microfinance Bank

In the ever-evolving landscape of financial services, Prodigy Microfinance Bank emerges as a beacon of inclusivity and empowerment. Founded in 2023, the institution is driven by a mission to facilitate financial well-being for all, transcending income disparities and backgrounds. As a newly accredited Microfinance Bank with international affiliation and a subsidiary of a reputable Financial Holding company, Prodigy Microfinance Bank is actively seeking a dynamic individual to join their team as the Managing Director.

Job Opportunity: Managing Director

Location: Lagos Employment Type: Full-time

Main Responsibility:

The Managing Director role at Prodigy Microfinance Bank is pivotal, involving the strategic guidance and direction necessary to realize the company’s financial vision, mission, and long-term goals. The successful candidate will play a key role in shaping the future of the institution.


  1. Setting Strategic Direction:
    • Collaborate with the board to establish the overall strategic direction of the company.
    • Develop and implement a comprehensive 5-year plan, overseeing its execution with fellow board members.
  2. Sales Strategy and Business Development:
    • Work closely with the Sales team to refine sales strategy and approaches for acquiring new business.
    • Conduct regular SWOT analyses to identify and mitigate potential risks arising from industry and market changes.
  3. Performance Measurement:
    • Establish company-wide Key Performance Indicators (KPIs) to assess performance across all areas.
    • Monitor progress against corporate and annual business plans to ensure cost-effective and efficient attainment of objectives.
  4. Stakeholder Management:
    • Maintain effective communication between shareholders and the board.
    • Report quarterly and annual results to shareholders.
  5. Financial Planning:
    • Collaborate with the finance department to set company budgets and forecasts.
    • Demonstrate a high level of commercial awareness and understanding of financial management principles.

Qualifications / Skills Required:

  • Degree in Social Sciences or related field (Professional qualification is an added advantage).
  • 10+ years of senior-level management experience.
  • Proven success in general or commercial management, preferably in the financial industry.
  • Membership of the Chartered Institute of Bankers Nigeria.
  • Strong analytical, presentational, and problem-solving skills.
  • Leadership, organizational, and excellent communication skills.

Application Details:

  • Salary: Competitive
  • Application Closing Date: 15th January, 2024
  • How to Apply: Interested and qualified candidates should send their CV to, clearly indicating the Job Title as the subject of the email.


Prodigy Microfinance Bank stands as a catalyst for financial transformation, offering an exciting opportunity for a seasoned professional to shape the future of financial inclusivity. Join the journey towards a brighter financial future with Prodigy Microfinance Bank. Apply now!

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