The Founder of LAPO, Godwin Ehigiamusoe, has said microfinance institutions seeking to transition from small-scale operations into resilient financial giants must undergo a major structural shift.
Speaking at the 2nd Annual Microfinance Leadership Roundtable hosted by the LAPO Institute for Microfinance and Management Studies in Lagos, he challenged managing directors, chief executive officers, board members, and senior executives from across Nigeria’s microfinance sector to move beyond mere incremental growth.
He emphasised that achieving scale requires deliberate action and visionary leadership, noting that “small is beautiful, but big creates greater value.” Throughout the session, he reminded attendees that microfinance banks become truly great not by chance, but through deliberate strategy, sound governance, and disciplined execution.
“The business owner is the prime mover of the scaling up process, and could also be the factor in keeping the business small,” Ehigiamusoe warned, identifying leadership mindset and legacy operational structures as the primary hurdles
This post was originally published on this site.
