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Renmoney CEO, Tobi Resigns As Chairman Also Relinquishes Position

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Renmoney CEO, Tobi Resigns As Chairman Also Relinquishes Position

Tobi Boshoro resigns as Renmoney MFB CEO barely a year of appointment

Official statement from Nigeria’s top non-banking lender, RenMoney Microfinance Bank has confirmed the resignation of its Managing Director and Chief Executive Officer, Mrs Tobi Boshoro.

It was learnt that Mrs Boshoro, who has held several top positions in top ranking companies resigned from the bank barely after a year of been hired to attend to personal matters.

In same development, the Chairman of the Board of Directors of the company, Kieran Donnelly also announced he will be stepping down from the position in order to lead the company as Acting CEO until a substantial CEO is appointed.

While at Renmoney, Mrs Boshoro successfully transformed the company to become the alternative lender in the Nigerian economy and became the first non-banking lender as it grew it’s books by over 200%. The company also made huge profit for the first time in history of it’s existence during her reigns.

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