Job Description

Chief Executive Officer (CEO)

Employment Type: Full-Time | Onsite
Location: Lagos, Nigeria (with Pan-African oversight)
Industry: Banking / Fintech
Reports To: Group CEO & Board of Directors
Salary: ₦4,000,000 Net Monthly
Experience Requirement: Minimum of 20 years

ROLE PURPOSE

The Chief Executive Officer (CEO) will provide overall strategic, commercial, and operational leadership for the Client, guiding the organization through regulatory readiness, market entry, and pan-African expansion.

The CEO holds full accountability for strategic direction, regulatory engagement, financial performance, governance, risk management, operational excellence, and long-term sustainable growth. This role requires a seasoned banking executive with strong exposure to retail, SME, digital, and regulated banking environments.

KEY RESPONSIBILITIES

Strategic Leadership & Market Expansion

• Define and execute the Clients pan-African digital banking strategy

• Drive growth across customer acquisition, deposits, payments, FX, lending, and revenue

• Lead expansion into new African markets in line with regulatory approvals

• Build and manage high-impact partnerships with fintechs, telcos, banks, merchants, and institutional partners

Regulatory & Governance Leadership

• Serve as the primary executive liaison with central banks and regulatory authorities

• Lead licensing applications, approvals, and ongoing regulatory engagements

• Ensure full compliance with AML/CFT regulations, prudential guidelines, consumer protection laws, and data privacy requirements

• Establish and maintain strong governance, audit, risk management, and internal control frameworks

Core Banking Operations & Financial Management

The CEO must demonstrate hands-on leadership experience across:

• Personal / Retail Banking Operations

• Business & SME Banking

• Corporate Banking exposure (advantage)

• Capital Adequacy Management

• Liquidity and Treasury Management

• Balance Sheet Optimization

• Asset & Liability Management (ALM)

• Credit Risk Management and Loan Portfolio Oversight

• Deposit Mobilization Strategies

• Profitability, pricing, and margin management

Operations & Executive Leadership

• Recruit, develop, and lead a high-performing executive management team

• Oversee daily banking operations and digital service delivery

• Implement scalable and secure core banking and payment platforms

• Ensure system uptime, cybersecurity, data protection, and customer trust

Product Development & Innovation

• Lead the development and rollout of innovative digital banking products, including:

  • Multi-currency accounts

  • Cross-border and international payments

  • SME financing and credit solutions

  • Embedded finance products

• Drive a superior, seamless, and differentiated customer experience

Investor & Stakeholder Relations

• Represent the Client with investors, regulators, partners, and strategic stakeholders

• Support fundraising initiatives and capital strategy execution

• Build institutional credibility and strengthen market confidence

EXPERIENCE & QUALIFICATIONS

Mandatory

• Minimum of 20 years experience in banking, fintech, or financial services

• Proven senior executive leadership experience within regulated financial institutions

• Strong hands-on experience in:

  • Retail / Personal Banking

  • Business & SME Banking

  • Capital and Liquidity Management

  • Treasury Operations

  • Risk, Compliance, and Governance

  • Digital Banking Platforms

• Demonstrated regulatory engagement and licensing experience

• Proven track record of scaling financial services or digital banking businesses

Preferred

• Experience launching or scaling digital banks or fintech platforms

• Pan-African or multi-jurisdiction operational exposure

• Capital raising and investor relations experience

• Strong understanding of embedded finance ecosystems

COMPENSATION & BENEFITS

• Monthly Net Salary (After Tax): ₦4,000,000

• Executive pension scheme

• Comprehensive family HMO coverage

• Official car or car allowance

• Annual paid leave with leave allowance

• Equity Incentive: 4% share vesting over four (4) years
  (Subject to performance milestones and board approval)

PERFORMANCE BONUS (RECOMMENDED)

Annual performance bonus tied to:

• Regulatory and licensing milestones

• Customer acquisition and engagement growth

• Deposit and loan book performance

• Revenue and profitability targets

• Risk, compliance, and governance outcomes

KEY SUCCESS METRICS

• Regulatory approvals secured and maintained

• Customer growth and transaction activity levels

• Capital adequacy and liquidity ratios

• Deposit growth and credit quality

• Revenue growth and profitability

• Operational resilience, uptime, and system stability

• Progress on pan-African expansion strategy

WHY THIS ROLE IS UNIQUE

This role offers the opportunity to:

• Build a pan-African digital bank from the ground up

• Lead a scalable and future-ready financial platform

• Drive financial inclusion and innovation at scale

• Deliver measurable impact across Africa

HOW TO APPLY

Interested and qualified candidates should send their CV and a brief cover letter to:

hiring@mysigma.io
Subject Line: Chief Executive Officer (CEO) – Lagos