VFD Microfinance Bank has appointed Nonso Kenneth Okoye as its Managing Director, bringing more than two decades of banking, risk management and business transformation experience to the Nigerian financial institution.
The bank announced Okoye’s appointment on Wednesday, describing his leadership experience as an important asset as it enters what it called a new phase of growth, innovation and customer-focused banking.
Okoye joins VFD Microfinance Bank after a career spanning more than 20 years at Standard Chartered Bank, where he held senior roles across corporate and investment banking, financial markets, governance, risk management and operations.
Standard Chartered Bank Experience
In his most recent role at Standard Chartered, he served as Chief Operating Officer for Corporate and Investment Banking Coverage in Central Africa from September 2020 to December 2025. Based in Cameroon, he was responsible for strategic execution, operational efficiency, risk management and client service across Cameroon, Gabon, the Democratic Republic of Congo and Equatorial Guinea.
One of his notable assignments was his role in the business combination and transition of Standard Chartered Bank Cameroon’s franchise to Access Bank Cameroon. He also led initiatives covering governance, compliance, financial crime controls, client onboarding and portfolio risk management.
Before that, Okoye was Head of Process, Risk & Governance for Standard Chartered’s Global Banking business between 2016 and December 2020. In that role, he provided executive oversight for governance, operational risk, regulatory compliance and business continuity across the franchise.
He also played a key role in managing the bank’s operations during Nigeria’s foreign exchange liquidity crisis, overseeing governance, control and portfolio risk initiatives while helping preserve asset quality.
Earlier in his Standard Chartered career, Okoye served as Head of Client Coverage Specialist for Origination & Client Coverage, Risk Manager and Strategist in Financial Markets, and Senior Credit Analyst and Business Operational Risk Manager.
Other Roles
His career also includes experience at KPMG and Arthur Andersen, where he worked in assurance, business advisory, financial analysis, due diligence, process improvement and business risk analysis.
“I am honoured to take on the leadership of VFD Microfinance Bank. My focus is clear: build on what we have started, raise the bar on customer experience and keep pushing the boundaries of what a modern Nigerian financial institution can be,” he said.
Okoye holds a Bachelor of Engineering degree in Mechanical Engineering from the University of Nigeria, Nsukka, where he graduated with Second Class Honours, Upper Division. He was also recognised as the second-best graduating student and served as a student representative for four consecutive terms. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).
