Elvis Oheneba becomes acting MD at Advans La Fayette Microfinance Bank

Advans La Fayette Microfinance Bank has announced the appointment of Elvis Oheneba as the acting managing director/CEO. The appointment marks the first time an African has assumed this leadership role within the Nigerian entity of the Advans Group, reinforcing our commitment to nurturing talent and driving excellence from within.

Elvis, a seasoned executive with over 15 years in the Advans network, brings a wealth of strategic insight, operational expertise, and visionary leadership.

He began his journey with Advans La Fayette in 2012 as a Branch Manager and has since held several pivotal positions, including Chief Business Strategy Officer and Head of Network Operations. In 2023, he was appointed Deputy CEO and has since championed transformative initiatives that have strengthened our position as a leading microfinance institution.

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“Assuming this leadership role is a great honour,” said Elvis. “I remain committed to the mission of Advans La Fayette, to deliver inclusive financial solutions that empower individuals and small businesses across the country. Together with our talented team, we will continue to drive innovation and impact.”

As Acting MD/CEO, Elvis will lead the organization into its next phase of growth, focusing on deepening financial inclusion, enhancing customer experience, and leveraging digital transformation to meet the evolving needs of our clients.

Advans La Fayette Microfinance Bank remains steadfast in its vision to be the best microfinance bank in Nigeria, with leadership that reflects its values of integrity, innovation, and inclusion.

Modestus Anaesoronye

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.