Renmoney appoints new CEO


Renmoney CEO, Oluwatobi Boshoro

Renmoney CEO, Oluwatobi Boshoro

Renmoney has announced the appointment of Oluwatobi Boshoro as its new Chief Executive Officer.

Prior to her appointment, Tobi served as the Head, Digital Strategy, Issuing and Service Management at Stanbic IBTC. The new Renmoney CEO had also headed Stanbic IBTC’s Electronic Banking and Digital Strategy units at various times, where she was responsible for the digital transformation of the bank.

Between 2008 and 2014, Tobi held senior positions at the Interswitch Group, including Group Head, Issuer Management. She is an alumnus of the prestigious Harvard Business School, having completed multiple Executive Management programmes, including the General Management Programme in 2013. Tobi also holds an M.Sc. Strategic Marketing from Cranfield University’s School of Management and a BSc. in Economics from Ogun State University.

Tobi has been described as an innovative and transformational leader with proven abilities to develop strategies to deliver customer-focused solutions and drive bottom line growth in highly competitive markets.

The Renmoney’s new CEO is excited by the opportunity to significantly empower under-banked individuals.

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She said: “I am thrilled to be part of an organization which is passionate about leveraging data and technology to enable individuals achieve their dreams. There is a synergy between the values I espouse and what Renmoney represents as an organization. Our customers will continue to be the core of our focus as we work hard to build even more convenient solutions to help them achieve their goals.”

Speaking on Tobi’s appointment, Kieran Donnelly, Chairman, Renmoney Board of Directors said: “We are very excited to have Tobi on board. As a fintech company, her experience in driving innovation and excellent service delivery, will be critical to our success. Under Tobi’s leadership, I am more confident than ever that we will deliver outstanding digital service experiences to even more customers in Nigeria.”

The new Renmoney CEO is a member of the Chartered Institute of Marketing (CIM) and The Market Research Society (MRS), both in the United Kingdom.

Renmoney is a fintech lending company operating under a Microfinance Banking license in Lagos, Nigeria. The company provides loans to individuals and small businesses via its website (, contact centre, agent network and branches. Renmoney also offers market leading rates on Fixed Deposits and Savings accounts and is regulated by the CBN and insured by the NDIC.

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