Richway microfinance appoints Oni new MD

The Board and Management of Richway Microfinance Bank Limited has appointed  Mr. Adenrele Oni, as the Managing Director of the bank. Prior to this appointment, Oni was the Managing Director of FBN Mortgages Limited, a subsidiary of First Bank of Nigeria Limited. He was also at some time, the Chief Representative Officer for FirstBank’s South […]

The Board and Management of Richway Microfinance Bank Limited has appointed  Mr. Adenrele Oni, as the Managing Director of the bank.

Prior to this appointment, Oni was the Managing Director of FBN Mortgages Limited, a subsidiary of First Bank of Nigeria Limited. He was also at some time, the Chief Representative Officer for FirstBank’s South African office and President South Africa – Nigeria Chamber of Commerce and Industry

As the Managing Director of Richway Microfinance Bank, his mandate is to position the Bank as a leading microfinance institution in Nigeria, a statement from the Bank said.

“His track record typifies our bank’s value system hinged on dependability, entrepreneurship, integrity and resilience and the Board has no doubt that Adenrele will make the expected impact in developing a sound foundation for the newly established organization,’’ it said.

Mr. Oni has over 25 years’ professional practice.

He has attended various institutions in Nigeria and abroad, such as Lagos Business School, INSEAD, Chicago Booth University, The Wharton School of the Pennsylvania University, DevPar Canada as well as University of Michigan Business School, USA.