Managing Director/Chief Executive at FUTO Microfinance Bank Nigeria Limited

FUTO Microfinance Bank Nigeria Limited is one of the Community Banks that were approved for Conversion to a Unit Microfinance Bank by the Central Bank of Nigeria (CBN) in December 2007. The Bank is situated on the Campus of the Federal University of Technology, Owerri and draws its customers from the University, Staff, Students, and Contractors of the University and from the surrounding communities. The Bank has vacancy for the position below;

 

Position:     Managing Director/Chief Executive

The Managing Director shall be the Chief Executive Officer of the Bank and shall be responsible to the Board for the overall administration of the Bank.

 

Key Responsibilities:

  • He shall co-ordinate the activities of the various Unit Heads towards attaining the set objectives of the bank.
  • He shall direct the development of the bank and provide strategic direction implement plans and prepare budgets
  • He shall coordinate the bank’s activities to ensure optimal returns to shareholders.
  • To represent the bank before the external environment.
  • To monitor compliance with statutory and regulatory requirements, Board, Policies, and Guidelines.
  • To exercise direction, supervise, control over the bank’s activities and personnel in the provision of financial services
  • To monitor the bank’s plans, policies, strategies and control its functions and activities through effective delegation and supervision of financial services

Job Requirements:

The ideal candidate for the position should posses the following:

  • SSCE/GCE O’Level Credit passes in five (5) subjects which must include English Language and Mathematics
  • At least a First University degree or a Higher National Diploma (HND)
  • AIB or equivalent professional qualification
  • A minimum of 10 (ten) years post qualification cognate experience with at least 1(one) year at a senior management level
  • Good IT skills.

Note: The right candidates must be highly motivated and dynamic individuals with excellent organizational and planning skills.

Remuneration:

The remuneration package for the position is attractive and consistent with what obtains in the industry.

 

Method of Application

To apply, Please sent ten (10) copies of type written application with detailed current resume and credentials addressed to the undersigned

 

Note:

Applications must reach the undersigned on or before 18th Friday, March 2011

 

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