LAPO Microfinance Bank limited on Friday announced the appointment of Cynthia Ikponmwosa as the new managing director designate of the premium bank.
She succeeds Godwin Ehigiamusoe, founder/CEO, Lift Above Poverty Organisation and LAPO microfinance bank, who has just retired in line with the 10 years retirement policy requirement of the Central Bank of Nigeria (CBN).
Ede Osayande, chairman describes Ikponmwosa as the founding member of the LAPO story in its commitment to social and economic empowerment of the members of low-income household.
He noted that the board has absolute confidence in Ikponmwosa’s capacity to build on the accomplishments of the bank.
Hope Moses-Ashike
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks.
She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings.
Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.
