BARR. EFIOITA OKON EPHRAIM Executive Director – Business Development
January 7, 2026Professional Summary
A dedicated and detail-oriented professional with over 11 years of experience working at the Central Bank of Nigeria (CBN). Proven expertise in compliance, regulatory affairs, licensing, loan appraisal, and monitoring. Adept at managing and enforcing financial regulations, protecting consumer rights, and contributing to national development goals through effective loan management. Strong analytical and problem-solving skills with a keen ability to navigate the complexities of the financial sector.
Education
Master of Business Administration (MBA) Nigerian Defence Academy, Kaduna
Bachelor of Science (BSc) in Political Science
Bayero University, Kano
Professional Experience
Central Bank of Nigeria (CBN)
Compliance Officer – Consumer Protection Department
Ensured compliance with national financial regulations and CBN policies to safeguard consumer rights.
Investigated consumer complaints and collaborated with stakeholders to resolve disputes.
Educated consumers on their rights and responsibilities within the financial sector.
Monitored financial institutions to ensure adherence to regulatory requirements.
Licensing Officer – Financial Policy and Regulation Department
Handled the processing of licenses for financial institutions and ensured compliance with licensing requirements.
Reviewed applications for new financial institutions and recommended approvals or denials based on merit.
Assisted in drafting and updating licensing policies in line with regulatory changes.
Conducted periodic reviews to ensure licensed institutions maintained compliance with CBN regulations.
Loan Appraisal and Monitoring Officer – Development Finance Department
Appraised loan applications, ensuring alignment with development finance goals and risk management protocols.
Monitored the disbursement and usage of loans to ensure compliance with terms and conditions.
Provided periodic reports on loan performance and offered recommendations for improving the process.
Liaised with beneficiaries to ensure proper utilization of funds and repayment in line with CBN directives.
Skills and Competencies
Financial Compliance and Regulation
Consumer Protection
Loan Appraisal and Monitoring
Licensing and Registration of Financial Institutions
Financial Policy Development
Strong Analytical and Problem-Solving Skills
Excellent Communication and Interpersonal Skills
Proficient in Microsoft Office Suite and Financial Management Software
Certifications

