Olasupo Olusi, as the CEO and Managing Director of the Bank of Industry (BOI), has become a crucial figure in reshaping Nigeria’s development finance sector. Under his guidance, BOI has escalated its efforts to promote economic growth by assisting micro, small, and medium enterprises (MSMEs), which play a vital role in reducing poverty and addressing food insecurity. Olusi’s vision for BOI is centered on establishing a more prosperous Nigeria through strategic financial solutions that prioritize inclusive economic growth and the empowerment of businesses across all sectors.
A notable aspect of his term has been the focus on innovation and openness in delivering services. Recently, BOI introduced two significant technological tools aimed at enhancing operational efficiency and ensuring that their clients, especially MSMEs, can access support more efficiently.
The BOI Price Monitoring Dashboard and the BOI Mobile App, both revealed under Olusi’s leadership, offer users real-time data and streamlined processes, enhancing the bank’s transparency and making it simpler for businesses to access financial services. These platforms are designed to enhance the customer experience by simplifying how clients monitor prices and engage with the bank, further confirming BOI’s dedication to innovation-driven growth.
Olusi has also led BOI’s dedication to knowledge sharing and thought leadership, demonstrated by the bank’s inaugural public lecture series. The lecture, which focused on the crucial role of MSME financing in addressing poverty and food insecurity, highlights the significance of strategic financial support in propelling national development.
In addition to this event, Olusi oversaw the release of two new publications—the *BOI Journal of Development Finance* (Technical) and the *BOI Journal of Development Review* (Non-Technical). These journals serve as valuable resources for both policymakers and businesses, offering comprehensive analysis and insight into how finance can be used to support Nigeria’s sustainable development goals.
His term has been marked by a profound commitment to assisting MSMEs, with a clear understanding that these enterprises are the foundation of Nigeria’s economy. BOI, under Olusi’s leadership, has continued to provide customized financial solutions to businesses in need of capital to expand, grow, and contribute to the nation’s economic resilience. His efforts to establish a strong ecosystem for MSMEs align with the broader national goals of economic diversification, job creation, and poverty reduction.
Olasupo Olusi’s leadership at the Bank of Industry has not only reinforced the bank’s role as a catalyst for industrial and economic growth but has also solidified his legacy as a forward-thinking leader dedicated to Nigeria’s long-term prosperity. His strategic focus on MSMEs, his promotion of transparency through digital platforms, and his thought leadership through public discourse have laid a strong foundation for sustainable development in Nigeria. Through these efforts, BOI continues to drive significant progress, positioning the bank as a leader in development finance both within Nigeria and across the African continent.
