LAPO Microfinance Bank has announced the appointment of Edward Osayomwanbor Aghimien as a Non-Executive Director, as it expands its corporate governance and financial inclusion strategies.
Cynthia Ikponmwosa, managing director, LAPO Microfinance Bank, spoke highly of the appointment. “Aghimien would bring valuable perspective to the bank’s Board given his exposure to diverse industries and corporate environments,” she said.
Cynthia explained that the appointment aligns with the bank’s long-term corporate governance and growth strategy. According to him, LAPO MfB “remains focused on strengthening its institutional capacity, deepening financial inclusion and expanding access to responsible financial services for low-income households and micro-enterprises across the country.”
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Aghimien is an economist and marketing professional who has more than four decades in the fast-moving consumer goods (FCMG) sector, retail operations, and business development. He earned his Bachelor of Science degree in Economics from the University of Benin and a Diploma in Marketing from the Chartered Institute of Marketing, United Kingdom.
Aghimien’s first steps took the administrative roles route before joining UACN Limited in 1984 where he rose to management positions, including store manager and acting regional manager. He joined Lever Brothers Nigeria (now Unilever Nigeria Plc), where he served as brand manager for Vaseline and managed multimillion-naira marketing and advertising portfolios for the brand.
As the current managing director/CEO of Esosa Investment Limited, an FMCG-focused enterprise, he oversees strategic planning, business development, and corporate performance. He is also a member of the Chartered Institute of Marketing (UK) and the Nigerian Marketing Association.