NPF Microfinance Bank gets new director for finance, administration

NPF Microfinance Bank has announced the appointment of Olamide Akin-Balogun as the new Executive Director (ED) of finance and administration, effective April 1st, 2024.

This development follows the retirement of F.C Nelson, who stepped down on March 31, 2023, after reaching the retirement age of 60, as disclosed by the bank on the Nigerian Exchange Group.

Akin-Balogun holds a diploma in accountancy, earned in 2004 from the Polytechnic of Ibadan, Oyo State.

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Additionally, she is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a graduate member of the Institute of Chartered Management Auditors.

With over 20 years of experience in finance, inventory control, warehousing, and procurement, Akin-Balogun has demonstrated considerable expertise across various sectors including banking, manufacturing, and finance. Her extensive background is expected to bring valuable insights and leadership to NPF Microfinance Bank’s operations.

However, her assumption of the new role is pending approval from the Central Bank of Nigeria, which is a standard regulatory procedure for executive appointments in the financial sector.

Chinwe Michael

Chinwe Michael is a financial inclusion advocate and economy journalist who uses compelling storytelling to drive awareness. With a background in Banking and Finance and experience across accounting, media, and education, she applies sharp analysis and attention to detail to every piece. She simplifies complex financial and economy concepts into engaging content for Africa and global audience. Chinwe also doubles as a speaker with global recognition for her expertise.