GET MORESAVING | LOANS | FIXED DEPOSITS | FINANCIAL ADVISORY

COMPANY PROFILE

Start with as low as N50,000

Accommodates Monthly savings

Interest rate is 14% per annum

Interest is compounded monthly

All funds are duly insured by NDIC

CONTENT Corporate Profile 2

Board of Directors

Management Team

Products

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Core Business Values 7

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Corporate Philosophy 3

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VFD MICROFINANCE BANK is a dynamic financial services institution operating in the microfinance banking sector. The combined experience of our management team and board of directors spans more than five decades in several banking and finance organizations, internationally.

We are in the business of helping our customers achieve their desires, solve intermittent problems and create wealth, through high yield savings accounts and low interest rates on loans.

Our brand promise is to ensure the fulfillment of our customers' goals. Therefore, VFD Microfinance Bank's financial solutions are designed for real- life situations, and you can count on us to provide the assistance you need at the right time.

VFD Microfinance Bank is a limited liability company, regulated by the Central Bank of Nigeria as a Microfinance Bank. We are headquartered in Marina, Lagos.

Bankingon theGo!

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Integrity In every action, we are thorough, honest and accountable Empathy We approach everyone with dignity and empathy Innovation Employing efficiency and creativity in the delivery of our services is a high priority Team Work We engage in positive collaboration to achieve value for all our stakeholders 6

To create the best customer experience in the provision of short to long-term financial solutions

OUR MISSION

To be the number one provider of microfinance solutions to middle-class professionals and entrepreneurs across Nigeria

OUR VISION

CORE VALUES

VFD MICROFINANCEBANK

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Someone's sitting in the shade today because someone planted a tree a long time ago

-Warren Buffet

““

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FINANCIAL ADVISORY We offer a range of advisory and consulting services toindividuals and corporate organisations to optimizeyour wealth and help your finances grow.

SAVINGS ACCOUNT At VFD Microfinance Bank, we are committed to creatingopportunities for everyone to save. We provide a bouquetof savings accounts that yields competitive interest rates.Our savings products are specially tailored for corporateindividuals, growing businesses, associations and students.We offer up to 6% interest on basic savings account and upto 18% on long term savings.

CURRENT ACCOUNT Our current account is beneficial and accessible to corporatesalary earners. VFD Microfinance Bank offers customers easyaccess to loans, access to internet banking and seamlessaccess to deposited funds. With a zero minimum operatingbalance, customers' business accounts can be set up andready for operations instantly.

LOANS Our loan product is available to salary earners and businessowners. Some of the benefits of our loan products includecompetitive rates, no hidden charges, ease of repayment andaccess to top up facility.

FIXED DEPOSIT ACCOUNT We provide our customers with a solution for invertible fundsat highly competitive rates. Our fixed deposit accounts aredesigned for individuals and businesses seeking alternativeincome earnings for idle funds or for a specific purpose.

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Save money and shape up your finances.Come on board today

SAVING ACCOUNT CURRENT ACCOUNT FIXED DEPOSIT LOANS

VFD MICROFINANCEBANK

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VFD MICROFINANCEBANK

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Haruna Dalhatu Iya – CHAIRMAN Mr. Haruzna Dalhatu Iya started his career in 1981 withthe Ministry of Works and Transport where he movedup to the position of Area Engineer. He joined theCentral Bank of Nigeria in 1990 as a Project Managerand grew into to the position of Deputy Director,Projects in 2009. He also held management positionsin the Bank as Head, Cost Control Office from 2006to 2012. He was moved to Head, Support ServicesDivision from 2012 to 2013. Mr. Iya resigned afterachieving Thirty-Five years in public service on0ctober 1, 2013.

Mr. Iya holds an HND in Building Technology from Kaduna Polytechnic, KadunaState and an advanced diploma in Construction Management from the Universityof Ulster, United Kingdom. He has participated in courses, seminars andsymposiums both locally and internationally particularly in the United Kingdom,United States of America, France and Germany.

BOARD OF DIRECTORS

He is a member of the Chartered Institute of Building,United Kingdom and the Nigerian Institute of Building.

Azubike Emodi – MANAGING DIRECTOR Azubike Emodi is the Managing Director of VFDMicrofinance Bank. He is a resourceful financial servicespecialist with experience in retail and commercialbanking. He worked with Zenith Bank before joining MaxxonPro Service Inc. in Canada where he worked as anInvestment Advisor/Financial Planner. Until his appointmentat VFD Microfinance Bank, he was a Client Advisor(Personal and Commercial Banking) with the Royal Bank

in Management and an M.Sc. Banking and Finance all from the University of Nigeria.

Azubike is also an Executive Director of VFD Group Plc and oversees the Commercial Directorate.

He is a member of IFIC (Investment Fund in Canada) andan Associate member of the Chartered Institute of Bankersof Nigeria. He holds a B.Sc. in Banking and Finance, an MBA

of Canada.

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Temitope Borishade - NON-EXECUTIVE DIRECTOR Temitope Borishade is a finance and accountingprofessional with extensive business experience, including serving as the Deputy Managing Director atEnugu Electricity Distribution Plc. He worked as anAssociate at Zenith Capital Limited in Lagos and as aSenior at the Chicago 11 office of Deloitte. He alsoworked at the Chrome Group, where he led thecorporate finance team on energy industry transactions,managed the petroleum and petroleum productstrading subsidiary and managed the petroleum andpetroleum products inspection subsidiary, at varioustimes.

Temitope is currently the Chairman of Kaduna Inland Dry Port Limited and Inland Containers Nigeria Limited.

Adeniyi Adenubi – NON-EXECUTIVE DIRECTOR Niyi Adenubi is the Executive Director of InstitutionalBusiness & Investor Relations, VFD Group Plc and he overseesthe Institutional Businesses within the Group.

He holds a degree in Sociology from the University ofIbadan. Niyi has vast experience in the financial sectorworking in Private equity, Venture Capital, and FinancialAdvisory.

Niyi is the Chairman of Anchoria Asset Management andserves on the board of Dynasty Real Estate as a Non-Excecutive Director.

He is passionate about Corporate Governance and brings this to bear on all theBoards that he serves on. He has certifications in Finance and Business Managementfrom the Tanaka Business School.

Temitope holds a B.Sc. in Accounting from ObafemiAwolowo University in Nigeria and an MBA from DePaul University in the UnitedStates of America. He is a Fellow of the Institute of Chartered Accountants ofNigeria and Member of Chartered Institute of Stockbrokers, Institute of Directors,American Institute of Certified Public Accountants and the Chartered Institute forSecurities and Investment, U.K. He has participated in courses at London BusinessSchool and Harvard Business School. He enjoys networking and businessdevelopment.

He has also played Financial Advisory roles to numerous firms in Nigeria and in theUnited Kingdom, most notably with the Royal Bank of Scotland and ATOS Consulting. Niyi is a member of The Institute of Directors

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Chioma Nkechika - NON-EXECUTIVE DIRECTOR Chioma Nkechika is currently the Managing Directorand Chief Executive Officer of Coralpay TechnologiesLimited. Coralpay Technologies Limited was founded inJanuary 2017. Prior to starting Coralpay, He was theGroup Head, Card Services and E-payment Processing,Retail Banking Group, Zenith Bank Plc from 2007 to2016. 12 Chioma Nkechika is a graduate of University of Beninwhere he obtained a bachelor's degree in AgriculturalEconomics and a master's degree in Banking andFinance respectively.

Gbenga Omolokun - NON-EXECUTIVE DIRECTOR Gbenga holds a degree in mathematics from ObafemiAwolowo University (OAU) Ife and has developedspecific skills in business process and technologymanagement on various client projects across severalindustries. He has over eight years' experience in theadvisory division of KPMG. Notably, Gbenga acted as the program manager on asystems implementation project for a largemanufacturing company across 8 countries in Africaand 10 project locations.

He has worked on various business process/technologyissues with numerous clients across a few industries

Yinka Olajuwon - NON-EXECUTIVE DIRECTOR Yinka Olajuwon is a Legal Practitioner with a bias forcommercial and corporate practice. With over 20 yearsextensive and broad experience in civil and commerciallitigation, real estate advisory, company secretarial/legaladvisory services, consulting and general legalconsultancy services particularly in Lagos, Nigeria with acarefully cultivated extensive network throughout Nigeria.

He is currently the Principal Partner, Olayinka Olajuwon &Co. where he provides direction, vision, mission andmanagement for the firm. Yinka Olajuwon is a graduateof Obafemi Awolowo University, Ile-Ife, Osun State. Hehas a BL from The Nigerian Law School, Victoria IslandLagos.

including the Public Sector, Pharmaceuticals, Manufacturing and Financial Services. Gbenga is an Executive Director and Chief Operating Officer of VFD Group Plc.

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Kanayo Eni-Ikeh - GENERAL MANAGER, BUSINESSDEVELOPMENT Kanayo Eni-Ikeh is the General Manager, Businessdevelopment at VFD Microfinance Bank. Kanayo holdsa BSc in Geological Sciences from Nnamdi AzikiweUniversity, Awka. He began his career as the Head ofBusiness Development at Process Flow OutsourcingLimited. Kanayo has over twelve years' experience in theFinancial Services Industry which spans across bankingoperations, retail, business and commercial banking.Prior to joining VFD Microfinance Bank, he was Head ofBusiness Banking Diamond Bank, Sango-Otta branch and

Kanayo has attended various executive programs at The Lagos Business School(with specialization in Management and Strategy). He is an alumnus of The IndianSchool of Business (with special focus in Global Growth Entrepreneurship).

later became Head Commercial Banking at Fidelity Bank, Ogba branch. He initiallyjoined VFD Group Plc as the Head of Institutional Sales and successfully promotedthe organization's products and services to institutional clients.

Management PROFILE

Muyiwa Oyedokun - HEAD, INTERNAL CONTROL Muyiwa Oyedokun is the Head of Internal Control at VFDMicrofinance Bank. He holds a BSc in Accounting fromLagos State University, Ojo. He started his career with Intercontinental Bank plc in 2005 and has over 10 yearsaccumulated practical experience in core banking,accounting and control. Prior to his appointment as theHead of Internal Control unit at VFD Microfinance bank,he worked with the Internal Control and Audit unit atFortis/SMC MFB and Internal Control Officer at PrimeraMFB. As the Head of Internal Control at VFD Microfinance BankMuyiwa has an oversight function over budget, accounts compliance reporting, revenue and cost assurance, asset and liability management,and internal audit. He is currently undergoing a Microfinance Certification Programwith the chattered Institute of Bankers of Nigeria (CIBN).

Seun Ogunmodede - HEAD OF OPERATIONS

Seun Ogunmodede is the Head of Operations at VFDMicrofinance Bank. She holds a degree in MassCommunication from the University of Lagos and has aworking knowledge of data analysis and performance/operation metrics. Seun has worked in roles involvingmanagerial and operational duties at VFD Bridge Limited. She is currently undergoing a Microfinance CertificationProgram with the Chartered Institute of Bankers ofNigeria (CIBN).

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www.vfdbank.com

@VFD Microfinance Bank

@VFD Microfinance Bank

@VFD_MFB

@vfd_mfb

info@vfd-mfb.com

+234 908 752 2472+234 908 748 2188

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VFD MICROFINANCEBANK

5th Floor, Elephant House, 214 Broad Street, Marina, Lagos.

Tel: +234 (0) 908 752 2472

| www.vfdbank.cominfo@vfd-mfb.com