VFD Microfinance Bank Appoints Nonso Okoye as MD

VFD Microfinance Bank has appointed Nonso Kenneth Okoye as its new managing director, succeeding Theodore Asamoah, who served as acting managing director. Okoye's appointment is part of the bank's strategy to expand its digital financial services, moving beyond its microfinance origins.

He has over two decades of experience in banking, risk management, governance, and financial services, having previously worked at Standard Chartered in Nigeria and Central Africa. Most recently, he was the chief operating officer for corporate and investment banking coverage at Standard Chartered in Cameroon from September 2020 to December 2025, where he coordinated business execution across multiple countries.

Okoye has held various roles at Standard Chartered, including Head of Process, Risk and Governance, and Chief Operating Officer for Global Banking. He has received awards for his contributions, including a Group CEO Recognition Award.

At VFD Microfinance Bank, he will focus on scaling the bank's digital services and strengthening its operational systems.