Our mission is ‘To contribute to Economic Development by effectively and efficiently empowering our customers’. Our customers are mainly the active poor, the micro/small entrepreneurs, the hidden talented youths and adults who have been denied access to financial services and support for their viable business.



To Maximize Stakeholders Welfare, While Delivering Excellent Financial Services with our well-built service structure and increasing product-line, and providing quality services to our numerous customers with the aim of spreading across Nigeria a day at a time.




Our amazing board members.


Dr. Azeez, Asif Olatubosun is a Muslim Nigerian, male and Principal Lecturer in the department of Islamic Studies, Tai Solarin College of Education, Omu – Ijebu, Ogun State, Nigeria. He is a Ph.D holder in Islamic Studies with special interest in Da`wah and Islamic Economic System. He has a good number of articles in both international and local journals. He has also attended many local and international conferences and workshops. Dr. Azeez A. O. has acquired teaching experience in tertiary institutions (College and University) for a period of fifteen years. He is currently the head of Islamic Studies department, Tai Solarin College of Education, Omu – Ijebu. Dr. Azeez has also been recognized for his tremendous contributions towards peaceful co-existence and welfare of the people in his community.

He is a co-founder of Al-Hayat Relief Foundation, served as Treasurer for fifteen years and Chairman of many branches of the foundation. He is a Certified Microfinance Banker of Chartered Institute of Bankers of Nigeria (Microfinance Certification Programmed) MCIB.


A retired and experienced banker, he started his banking career from Standard Bank Nigeria Limited in 1969, now First Bank of Nigeria Plc in 1975 and retired voluntarily on the 20th April, 1998 as Senior Manager. He worked in various capacities as Credit Manager, Audit Manager, and Branch Accountant etc. As an Islamic scholar, he has served his immediate community and several Islamic organizations among which are: Muslim Bankers Association of Nigeria, The Muslim Stars Association (TMSA), and Mahdiyah Congregation (Worldwide).


Dr. Salako Taofiki Ajani is professional teacher. He is lecturer 1 grade at Tai Solarin University of Education, Ijagun, Ijebu Ode. He holds B.A (Ed) in Islamic Studies, M.Ed in Curriculum Studies and Ph.D in Islamic Studies Education at the University Sains Islam Malaysia. He has served in various capacities at Tai Solarin University of Education. He is the Chairman, Board of Trustee of Al-Hayat Relief Foundation and immediate past President of the foundation.


Mr. Hassan is a graduate of Accounting from Ogun State University now (Olabisi Onabanjo University), he holds his second degree in Finance and Accounting from Obafemi Awolowo University, Ile-Ife. He is also an associate member of the prestigious Institute of Chartered Accountant of Nigeria (ICAN) and currently undergoing some International Professional qualifications. An accountant by training and banker by profession He started his banking career with Equatorial Trust Bank(ETB) as a Risk Management Personnel before joining Sterling Bank Plc. in same capacity. Mr. Hassan sits on bound of other companies. He currently runs a trading outfit.


He is a businessman, politician and a banker. He started his banking career from defunct National Bank of Nigeria as a clerical officer between 1984 to 1995, moved Ilugun-Ijebu Community Bank, Ijebu North-East Local Government, in 1996 and Ososa Community Bank Limited between 1996 and 1997.


Barrister Shittu is currently the Principal Partner of the law firm of Y.M. Shittu & Co., Legal Practitioners. He holds Bachelor of Law Degree (LL.B) in Islamic and Common Law from Usman Danfodiyo University Sokoto in 2007 and was called to Bar in 2008. He is an erudite Islamic scholar and administrator per excellence.


Our amazing management team.

Mr. Raheem Musa Abiodun

Mr. Raheem Musa Abiodun is the Managing Director/CEO of Al-Hayat Microfinance Bank Ltd. He has HND in Accounting and BSc in Economics from the Polytechnic and University of Ibadan respectively. He is an Associate of Institute of Chartered Accountants of Nigeria as well as a Certified Microfinance Bankers of Chartered Institute of Bankers of Nigeria. He also has a professional  certificate in Islamic Microfinance Banking

                Mr. Raheem has over 10 years experience in Banking and Non-Banking Institutions with cognate expertise in Financial Management, Financial Planning and Reporting. He also has a thorough understanding of operational risk of Microfinance Institution. He has served as the Head, Finance and Administration before his appointment as MD/CEO. He has also worked as Head, Sales and Finance of Al-Khair Foods Plc and had stint audit training in Haffix Edu & Co. (Chartered Accountants) before joining Microfinance Banking Industry. He has attended several courses and seminars including Enterprise Risk Management, Quality Credit Administration, Corporate Governance, Islamic Banking and Finance among others.

                Mr. Raheem was appointed as the acting Managing Director/CEO on the 10th December, 2017 and confirmed as Substantive Managing Director/CEO on 1st July 2018.

Mrs. Hassan Fausat Teniola
Head, Credit and Marketing

Hassan Fausat Teniola has 5years of banking experience with 4years spent with Al-Hayat Microfinance Bank. She is a graduate of the Polytechnic Ibadan Oyo state where she studied banking and Finance. Some of the certificates she holds include Nigeria Institute of management (NIM), She is a Certified Microfinance Banker of Chartered Institute of Bankers of Nigeria (Microfinance Certification Programmed) MCIB 2018.

Mr. Lawal Taofik Olasile
Head of Operations

Lawal Taofik Olasile is a professional banker and administrator. He started his banking career from First City Monument Bank Plc as Direct Sales Agent in 2011, he was one of the Pioneer staff of Al-Hayat Microfinance bank as a Teller and till date, He had worked in all departments in the bank, He holds Bachelor of Science (B.Sc) in Business Administration from Olabisi Onabanjo University, Ago-Iwoye in (2008), He rose to the level of Head of department in 2015. He is a Certified Professional Islamic Microfinance Banker (PCIMF) 2016 and Certified Professional Islamic Banking and Finance (PCIBF) 2017 and also Chartered Institute of Bankers of Nigeria (Microfinance Certification Programmed) MCIB in 2017. He was the Head of Credit/Marketing before his redeployment as the Head, Management Information System.

Mr. Olaniyan Ambali Oladele
Head, Internal Audit and Control

A Certified micro finance banking expert, MBA graduate with  over twenty years experience in banking and finance. Married with four children.

Mr. Koiki Hammed Kolawole
Head, Management and Information System

A seasoned banker and Scientist, He studied Computer Science and graduated from the Premier University of Education, Tai Solarin University of Education, Ijebu-Ode, Ogun State. Based on his wealth of experience in the Banking and Technology Sector for several years, he is a Certified Microfinance Banker of Chartered Institute of Bankers of Nigeria (Microfinance Certification Programmed) MCIB 2018. He presently holds the post of Head, Credit and Marketing Department.

Miss Sanni Ayisat Oluwakemi

Miss. Sanni Ayisat Oluwakemi is the Ag. Head, Finance and Administration of Al-Hayat Microfinance Bank Ltd. She has BSc. in Accounting from Olabisi Onabanjo University Ago-Iwoye. Miss Ayisat has over 5 years experience in Banking, She is a Certified Microfinance Banker of Chartered Institute of Bankers of Nigeria (Microfinance Certification Programmed) MCIB 2018.