About Us

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About us

A Few Words about us

Nexton Microfinance Bank (MFB), a Tier-II Unit Microfinance Bank was formerly known as Interland Microfinance Bank Limited. The bank was incorporated in Nigeria as a limited liability company on 23rd April, 1992 under the companies and allied matter act Cap C20 LFN 2004 with registration number RC 195256. The bank thereafter commenced operation as a microfinance bank on 19th August, 2009 after it obtained approval from Central Bank of Nigeria (CBN) to transform from a community bank to a Microfinance Bank

Overview of Location
The bank is located in Atan, the head-quarter of Ijebu North East Local Government via Ijebu-Ode. The bank is the only bank in the local government head-quarters comprising of about 250 towns and villages. Atan enjoyed proximity with Ijebu Ode and Ijebu Igbo.
Business
The principal business of the bank is provision of wide range of microfinance banking services.
Products and Services
Nextonmfb operates microfinance banking with full range of products covering a wide range of the market. Some of these products include:

People Behind Our Success

Meet Our Team

The general policy of the bank is determined by the Board of 7 directors, who are highly experienced professionals, with unwavering commitment to the highest ideals of service delivery. The Board of directors’ members are:

Mr. Abiodun Mansur Kazeem HCIB, M.IoD,

Chairman Board of Directors

He holds a B.Sc. (Hons) in Sociology from Olabisi Onabanjo University (2004), a Diploma in Public Relations from the same institution (1999). He’s the MD/CEO of Fastlink Telecoms Ltd and its subsidiaries (Fastlink Phones & Gadgets and Fastlink Electro Mall). He developed the company from scratch to modern chain store conglomerate. He has almost two decades experience in business management. He has attended various trainings and conferences on business management and management of microfinance institutions. He’s an honorary senior member of the Chartered Institute of Bankers of Nigeria and member of Institute of Directors Nigeria.

Mr. Adebisi Osungbesan HCIB, M.IoD,

Managing Director/CEO

He holds a B.Sc. degree in Economics from Olabisi Onabanjo University, an Associate Member of Nigerian Economic Society (AMNES), honorary senior member of the Chartered Institute of Bankers of Nigeria (HCIB) and member of Institute of Directors Nigeria. A seasoned banker, he comes on the Board with over 15 quality years of banking experience and exposure. He began his banking career in United Bank for Africa Plc. He also worked with Oceanic Bank International Plc (now Ecobank). His banking experience cuts across relationship management, microfinance, export financing, agro-allied financing, SME financing, personal and commercial banking and branch management. He has attended many courses and trainings on banking, leadership effectiveness and value creation including Harvard University’s “Exercising Leadership: Foundational Principles”.

Mr. Adekunle Kazeem Adefuwa FCIB,

Non-executive Director

He holds a B.Sc. degree in Banking & Finance from Olabisi Onabanjo University (2001), an advance Diploma in Computer Science from Lagos City Computer College, Ijebu Ode (2001). He is a fellow of the Chartered Institute of Bankers of Nigeria; an associate member of Nigerian Institute of Management; a member of Institute of Professional Managers and Administrators of Nigeria (IPMA); student member Institute of Chartered Accountants of Nigeria (ICAN); Student Member Chartered Institute of Stockbrokers (CIS). He is the Branch Controller of the Chartered Institute of Bankers of Nigeria Lagos State branch. He has work experiences in various high profile organizations namely: Supply Chain Manager, Glassforce Limited, Osusu Umueme, Abia State; Marketing Manager, Novo Car Rentals Limited ( Subsidiary of Cashlink Leasing Plc), Lagos; Procurement/Project Manager, 9ja Travels & Tours Limited (Fly4cheaper.com); Head, Business Development, First Choice Leasing Limited, Lagos; Head, Marketing/Credit, Oceanic Bank International Plc, Ijebu Ode Branch; Investment Analyst/Marketing Manager, Aquila Capital Limited, Lagos; Research/Marketing Executive, Magnartis Finance & Investment Limited, (Member of the Nigerian Stock Exchange), Lagos. He has attended various trainings and conferences related to banking, finance and leadership skills.

Mrs. Julianah Oshobajo

Non-executive Director

She holds a B.Ed. in Educational Management/Economics from Tai Solarin University of Education, an affiliated institution to University of Ibadan in 2005. She was a Business Studies teacher in the secondary school before she moved to Centre for Grassroot Economic Empowerment (CGEE) as Credit officer. She got required microfinancing experience from CGEE and rose to the rank of Area Manager. In 2016, she was appointed Director of Logistics of Crown Plus Global & Haulage Ventures, Ijebu-Ode which provides transportation and haulage services for many multinational companies. She has attended various trainings on microfinance, management and leadership skills.

Mr. Yusuf Amuda Salau

Non-executive Director

He holds a Bachelor of Science degree in Business Administration from Olabisi Onabanjo University in 2001 and also an Ordinary National Diploma holder in Business Administration from Moshood Abiola Polytechnic in 1999. He was the Managing Director of MYS Funcity Abuja, and later appointed as Managing Director of YS Vital and Major Construction Services Ltd, Abuja. He has over 15 years’ experience on Board of various organizations. He has attended various trainings and courses on Corporate Governance and Leadership both local and internationally.

Mrs. Florence Adedayo Ogunnupebi

Non-executive Director

She holds a B.Sc. in Accounting from Ogun State University (now Olabisi Onabanjo University) in 1994. She subsequently received MBA in 2005 from same institution. She is an associate member of Nigerian Institute of Management. She is the Coordinator of Centre for Grassroots Economic Empowerment (CGEE). She has attended several seminars both local and internationally on microfinancing, corporate governance and leadership.

Our Management Team

The day to day activities of bank are fronted by A Team of seasoned, experienced and professional Bankers, with unwavering commitment to the highest ideals of service delivery. They are as follows:

Mr. Sangobiyi Stephen A. MCIB.

Head, Operations

He holds Master degree in Business Administration (MBA) from Adekunle Ajasin University in 2004 and Higher National Diploma (HND) from Osun State College of Technology, Esa Oke in 1996. A Certified Microfinance Banker of the Chartered Institute of Bankers of Nigeria, 2016 (MCIB), Member, Financial Reporting Council of Nigeria, 2018. He had worked with defunct Cooperative bank which has metamorphosed into Polaris Bank from 1987 to 2009. Later he worked as Branch Coordinator of Integrated Microfinance Bank, Sagamu Branch. He then joined Arocom Global Investment Company Limited, Abeokuta as Business Development Manager. He has also worked as lecturer at Gateway Polytechnic Saapade. He joined Nextonmfb in 2014 as Head of Operation and Faculty Head, Nextonmfb Academy. He has attended many courses on banking and finance.

Mrs. Durojaiye Toyin Seun MCIB,

Head, Credit and Sales

She holds Higher National Diploma in Accountancy from Osun State Polytechnic Iree in 2008, a certified Microfinance Banker from the Chartered Institute of Bankers of Nigeria (MCIB) and member of Financial Reporting Council of Nigeria. She joined Interlandmfb in September, 2010 as Head of Account and Finance and later appointed as the Chief Financial Officer. She is presently Head of Marketing and Sales and faculty member of Interlandmfb Academy.

Mr. Odukoya Oluwafemi A. MCIB,

Head, Technology

He holds a Bachelor of Science degree in Computer Science from Olabisi Onabanjo University in 2010. A certified Microfinance Banker from the Chartered Institute of Bankers (MCIB) and member of Financial Reporting Council of Nigeria, He has worked as Computer studies lecturer and school administrator. He joined Interlandmfb in April, 2013 as Information Technology officer. He has been recently elevated to the post of Head, Technology and faculty member of Interlandmfb Academy. He has attended many courses and trainings on information technology and banking applications, microfinance banking, brand communication and leadership skills.

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