Naija business gist dey sweet my belle as LOTUS Bank don announce new Managing Director wey go take charge, Dr. Isiaka Ajani-Lawal, wey don dey involved for banking matter for over 25 years! Dis change come after the retirement of Kafilat Araoye, wey be dem founding MD/CEO, wey don do wonders for di bank since e start.

Anoda chapter don close as Araoye don guide LOTUS Bank through plenty milestones. She don shift di bank from wetin dem dey call startup level, come turn am to dem big oga for di non-interest banking sector for Naija. Ebi like say just yesterday, dem don launch di bank, but as e be now, dem don grow to 55 branches wey dey operate for di whole country!

Na 2021 wan start, Araoye don lift LOTUS Bank to di forefront, converting dem from regional to national banking license in just two years. E no stop there o, as e also bring plenty technology-driven products wey make banking easier for customers, while dem still dey promote financial literacy. Na so, dem balance sheet don rise from N30 billion in 2021 to a whopping N360 billion just this year!

Chairperson of di board, Hajara Adeola, don praise Araoye for di solid foundation wey she build. She talk say, ‘Mrs. Araoye’s leadership marked with integrity, foresight, and impact.’ Wetin dat one mean be say, she don push the bank and lay better groundwork for di future.

No be small thing o! Ajani-Lawal wen no dey take this appointment lightly, e dey plan to keep di bank rolling with di same vibes wey Araoye put in place. E say, ‘I remain committed to delivering on our mission to redefine banking through ethical, inclusive, and digitally focused services.’ Na wetin make am special be say e don work as Executive Director for Operations and Technology for di same bank, meaning say e sabi di in and out of di ‘Lotus’ life!

As e dey assume this responsibility, e go balance wetin him predecessor don start and carry dem to di next level. E no dey for am, say e go put everything wey e don learn for bank matter for dis new journey wey him don enter.

All dis bank wey dey enter and dey grow, na di way forward for Naija economy. So we dey wish dem all di best for di journey ahead! Make we dey watch as di new CEO go take di bank shine for inside Naija’s financial landscape.