Usman Onoja Named Chairman of Lovonus Microfinance Bank

Usman Onoja has been appointed as the Chairman of Lovonus Microfinance Bank (MFB), following the retirement of Alfr Okoigun, who served as a pioneer leader for a decade. Okoigun's tenure marked significant milestones for the bank, including the expansion of its customer base and strengthening its balance sheet.

During a send-off ceremony in Lagos, stakeholders paid tribute to Okoigun's contributions to the institution's stable growth. In his statement, Onoja acknowledged the transformative strides made under Okoigun's leadership and emphasized the importance of bolstering the bank's capital base, enhancing governance structures, and broadening service offerings.

He committed to deepening financial inclusion and ensuring that Lovonus MFB remains a pillar of financial empowerment. As he formally assumes office, Onoja expressed a deep sense of responsibility to continue the work laid down by his predecessor and drive innovation while strengthening customer confidence.