Osanta Microfinance Bank

Who We Are

front view of the bank

Osanta Microfinance Bank Limited, originally established as Osanta Community Bank in 1993, is a trusted financial institution rooted in the Igboho community. Following regulatory reforms, it transitioned to a microfinance bank to provide inclusive financial services that empower individuals, support businesses, and promote economic growth. For over 30 years, the bank has focused on delivering accessible, innovative solutions while fostering entrepreneurship, savings culture, and financial literacy. Guided by integrity and professionalism, Osanta Microfinance Bank is committed to ensuring a safe, customer-centric banking experience.

Mission

To Deliver innovative, accessible, and customer-focused financial solutions that empower individuals, support small businesses, and drive economic growth.

Vision

To be Nigeria’s leading microfinance institution, known for financial inclusion, trust, and sustainable wealth creation.

Meet Our Team

Osanta Microfinance Bank is governed by a team of seasoned professionals and community leaders dedicated to financial inclusion and economic empowerment.

Osanta Microfinance Bank is governed by a team of seasoned professionals and community leaders dedicated to financial inclusion and economic empowerment.

Chairman

Prof. Dibu Ojerinde

An Emeritus Professor and Nigeria’s first Professor of Tests and Measurement with decades of leadership in education and governance.

Non-Executive Director

Rev’d. Gbadde Alabi

Community development advocate with over 25 years of ethical leadership and strategic oversight.

Non-Executive Director

Engr. Owolabi Ganiyu

Veteran engineer with 40+ years’ experience, international exposure, and strong governance expertise.

Non-Executive Director

Joseph Adeteju Alabi

Former senior civil servant and policy strategist with extensive national and international experience.

Non-Executive Director

Alhaji Adegoke Hammed

Experienced entrepreneur and community leader focused on sustainable economic growth.

MD/CEO

Popoola Wasiu

Visionary banker with 15+ years in financial services, driving digital innovation, financial inclusion, and customer-focused growth.

The Executive Committee comprises experienced professionals committed to driving financial inclusion and operational excellence

MD/CEO

Popoola Wasiu

Provides strategic leadership, guiding the bank toward sustainable growth and innovation

Head of Operations

Owoade Adeyemi Moshood

Oversees daily operations, ensuring efficiency and compliance

Internal Auditor & Chief Compliance Officer

Balogun William Oluwabunmi

Leads audit and compliance to maintain transparency and regulatory adherence

Head of Credit

Oyewole Omolara Oluwasola

Manages credit portfolio, ensuring controlled risk and access to tailored loan solutions.

Head of Treasury

Oladoja Sadiat Olayinka

Handles treasury functions, maintaining liquidity and managing investments for financial stability

Board of Directors: Provides strategic oversight and ensures compliance with CBN and NDIC regulations

Board Committees: Audit, Credit, and Risk & Compliance Committees strengthen governance and risk management

Executive Management: Executes strategy and ensures operational efficiency with ethical standards

Compliance with CBN, NDIC, AML/CFT, and Data Protection regulations

Transparency and timely disclosures

Accountability in roles and responsibilities

Proactive risk management

Code of Corporate Governance

Board Diversity & Appointment Policy

Compliance and Risk Management Policies

Whistleblowing Policy

Business Continuity Policy

Strict limits and Board approvals for insider loans

Disclosure of related party transactions, handled at arm’s length

Compliant with Nigeria Data Protection Act (NDPA) and CBN guidelines

Collects only necessary personal and financial data for services

Ensures secure data handling, customer rights (access, correction, deletion), and lawful processing

No sale of personal data; limited sharing with regulators and trusted service providers

Strong data security, retention, and international transfer safeguards

Osanta Microfinance Bank is dedicated to responsible banking, protecting customer interests, and maintaining integrity in all operations while complying with evolving regulatory requirements.

Bank with Us

Start today — Your financial future begins with a single step.