Boshoro Quits as Renmoney Microfinance Bank CEO

July 30, 2019
Boshoro Quits as Renmoney Microfinance Bank CEO

By Dipo Olowookere

Managing Director/Chief Executive Officer of Renmoney Microfinance Bank Limited, Mrs Oluwatobi Boshoro, has resigned from the position.

A statement issued by the lender and signed by its Secretary, Ighiwi Erhahon, confirmed this information on Tuesday in Lagos.

According to the press release obtained by Business Post, Mrs Boshoro exited the company to attend to some personal issues that may not allow combine both responsibilities.

“Renmoney Microfinance Bank Limited hereby announces the resignation of its Managing Director/CEO, Mrs Oluwatobi Boshoro.

“Mrs Boshoro has resigned to attend to personal matters,” the statement said.

The firm further said, “In the meantime, Mr Kieran Donnelly, will relinquish his position as Chairman of the board of directors and lead the company as Acting CEO, until a permanent CEO is appointed.”

Formerly called RenCredit, RenMoney MFB Limited is a consumer finance organization founded in 2012. The fintech lending company in Nigeria is known to assist self-employed individuals with loan solutions.

In November 2018, Renmoney announced the appointment of Mrs Boshoro as its new CEO. Prior to her appointment, she served as the Head, Digital Strategy, Issuing and Service Management at Stanbic IBTC.

Mrs Boshoro is an innovative leader with broad-based expertise in business strategy, digital payments/strategy, marketing, brand management and business development with over 15 years of experience.

She is an alumnus of the prestigious Harvard Business School, having completed multiple Executive Management programmes, including the General Management Programme in 2013.

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

Leave a Reply

Amosun Heads Senate Committee on Capital Market
Previous Story

Amosun Heads Senate Committee on Capital Market

Entries Open for Union Bank’s edTech Challenge
Next Story

Entries Open for Union Bank’s edTech Challenge

Latest from Jobs/Appointments