• Friday, April 26, 2024
businessday logo

BusinessDay

LAPO MFB appoints Cynthia Ikponmwosa as new CEO as Ehigiamusoe retires

LAPO

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.