Femi Otenigbagbe

Mr. Olufemi Otenigbagbe was for 10 years (and until recently) the Managing Director/Chief Executive Officer of Parallex Microfinance Bank Ltd. After successfully converting Parallex MFB to a Regional Commercial Bank (this is the first MFB to convert to a commercial bank in Nigeria), he resigned from being the MD/CEO after fulfilling the mandatory CBN timeline for MDs.

He has over 22 years robust career in the banking sector having worked with International Trust Bank (Gamji Bank), Société Generale Bank (SGBN) and Intercontinental Bank. He resigned from Intercontinental Bank as the Bank’s Head of Investigation and Fraud to work on the turnaround exercise at Parallex MFB, which under him transmuted from a unit, state to a national microfinance bank status before its eventual conversion to a commercial bank.

He is a member of various institutions among which are: – • ISACA (CRISC), • Fellow of the Association of Enterprise Risk Management (FAERM), • Fellow of the Nigerian Institute of Management (FNIM), • Member of the Institute of Directors (MIOD), • Member of the Institute of Risk Management (MIRM), • Member of the Association of Certified Fraud Examiners (ACFE) and • Fellow of the Institute of Management Consultants thus he is a Certified Management Consultant. He has a B.Sc; a Masters in Business Administration (specializing in Finance) also from the University of Lagos and a Masters in Science from the Salford University in Manchester (UK).

He has been involved in various training home and abroad in various areas which cut across Operations, Credit, Risk Management, Audit, Infotech, etc. He is happily married.


Goodwill message – 9.10am-9.25am

Session Topic – “Digital Transformation in Mortgage Banking: Navigating the Future of Home Financing”

  • He will discuss the role of digital technologies in streamlining mortgage processes, improving customer experiences, and increasing operational efficiency.

Time – 3.30pm-3.50pm