Advans La Fayette Microfinance Bank has appointed Mrs. Elizabeth Odetayo as its new Deputy Chief Executive Officer (DCEO), effective February 1, 2025.
In a statement, the bank described the appointment as a strategic move to strengthen its leadership team and drive continued growth and innovation.
A Proven Leader with Extensive Experience
Odetayo brings over 20 years of experience in the financial services sector, demonstrating exceptional leadership, strategic vision, and a deep understanding of the microfinance industry. Prior to her new role, she served as the Chief Financial Officer (CFO) of Advans La Fayette Microfinance Bank, where she played a pivotal role in shaping financial strategies, ensuring robust fiscal management, and supporting the bank’s mission to provide inclusive financial services to underserved communities.
Her expertise in financial management, risk assessment, and operational efficiency has been instrumental in advancing the bank’s objectives and enhancing its impact on clients and stakeholders.
Strengthening the Bank’s Strategic Direction
As Deputy CEO, Odetayo will work closely with the Chief Executive Officer, Gaetan Debuchy, and the executive team to drive key strategic initiatives, optimize operations, and expand the bank’s reach, empowering more individuals and businesses with tailored financial solutions.
Debuchy praised Odetayo’s leadership, stating:
“Odetayo’s appointment as Deputy CEO is a testament to her dedication, expertise, and outstanding contributions to our bank. Her deep understanding of our operations and her commitment to our mission position her to help steer the bank toward achieving its strategic goals.
We are confident that her leadership will further strengthen our ability to deliver impactful financial services to our clients.”
Odetayo’s Vision for the Future
Expressing her excitement about the new role, Odetayo affirmed her commitment to driving innovation and enhancing customer experience:
“I am honoured to take on this new responsibility and to continue contributing to the growth and success of the bank.
I look forward to collaborating with our talented team to drive innovation, enhance customer experience, and expand our reach to create lasting value for the communities we serve.”
Commitment to Financial Inclusion and Employee Growth
Advans La Fayette Microfinance Bank reiterated its commitment to financial inclusion, empowering individuals and businesses through accessible and sustainable financial solutions. The bank also highlighted its dedication to employee development, noting that Mrs. Odetayo’s promotion is part of a broader initiative that saw over 130 staff members promoted in 2024.
“The promotion of Mrs. Odetayo and over 130 staff in 2024 is a demonstration of the bank’s commitment to empowering its employees, fostering a culture of excellence, and driving productivity against all odds,” the statement added.