MD Advans MfB

Recapitalisation’ll enhance corporate governance in MfBs — MD Advans MfB

Recapitalisation’ll enhance corporate governance in MfBs — MD Advans MfB

Obinna Ukachukwu is the Managing Director, Advans La Fayette, Microfinance Bank, MfB, which recently opened its first branch in Lagos. In this interview, he spoke on the necessity for recapitalisation in the MfB sub-sector and why it took Advans La Fayette MfB, seven years before it opened its first Lagos branch. He also shares his thoughts on the role of the NIRSAL MfB sponsored by the Bankers Committee.