• Astra Polaris Building

    Safari Junction, Onikolobo

    Abeokuta, Ogun State.

  • hcm@astrapolaris.com

    TEL: 0700-ASTRA-00 (0700-2782-00)
    Office Hours: 8:00am - 4:00pm

  • Contact us

About Us

Who Are We?

Astra Polaris Microfinance Bank is a Financial Institution Licensed by the Central Bank of Nigeria in 1991 as a community Bank. It became a Microfinance Bank under the CBN revised policy of 2005 for the sub-sector.
It currently has over N147,000,000 in share holders funds.


The Bank has distinguished itself as one of the fastest growing MFBs offering a broad range of financial services, Capacity Building to Micro, Small and Medium-scale Enterprises (MSMEs), Agro Allied, High Net-worth Individuals, and investment advisory services.


Astra Polaris Microfinance Bank Nigeria is committed to its passion of helping the unbanked, supporting the development of entrepreneurship and empowerment of the economically disadvantaged to improve their business opportunities and cultivating good savings culture.


Our Mission

"TO MAKE OUR CUSTOMERS HAPPY WHILE CREATING WEALTH TO THE STAKE HOLDERS"


Our Vision

"TO BE AN INSTITUTION KNOWN FOR CHARACTER, SERVICE DELIVERY AND EFFICIENCY"


Our Core Values
  1. INTEGRITY
  2. CUSTOMERS' SATISFACTION
  3. SERVICE DELIVERY
  4. IMAGE

Our Operations

At Astra Polaris Microfinance bank our operational activities include:

  1. Customer services
  2. Teller services
  3. Clearing
  4. Funds transfer
  5. Advisory services
  6. Cash operations/management
  7. Correspondent banking relationship

As a micro finance Bank, we have tailored our banking activities to meet the needs of our customers.

  1. Opening of accounts.
  2. Micro finance services.
  3. Status enquiries.
  4. School fees collections.
  5. Standing orders/direct debits.
  6. Safe custody of items.
  7. Thrift collection services.
  8. Fund transfers.
  9. Cheque processing.
  10. Revenue collection.

Meet The Board

Toye Osungbesan, LLB, BL, LLM, MBA, ACIS, ACIPM, ACIARB, AMNIM, ACITN

Toye Osungbesan has his First and Second Degrees in Law. He also holds Masters Degree in Business Administration (MBA). He equally belongs to many reputable Professional Bodies both in Nigeria and United Kingdom, among which are Chartered Institute of Stock Brokers, Chartered Institute of Taxation and Chartered Institute of Personnel Management. Others include Chartered Institute of Secretary and Administrator (UK) and Chartered Institute of Arbitrators (UK).

Toye Osungbesan cut his teeth in Legal Practice in the Law Firm of John Kester and co. Having acquired the required skill, he moved to First Interstate Merchant Bank. At First Interstate Merchant Bank, he worked in various Departments among which are Human capital, Legal Company Secretariat, Asset Trading and Intermediation.

As a high flyer, he moved to Associated Discount House Ltd. in 2001, where he was the Company Secretary and Legal Adviser until 2006. He is bringing to the Board over twenty years experience in Banking and Law.

He is happily married with children.

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Akintunde Ogunsan (MD/CEO) LLB, B.L, PGD MGT, FCIT

Akin, the Managing Director of the Bank, is a Lawyer and a Banker. His Banking experience for over two decades has exposed him to the intricacies of Banking in the sub-sector as a Lawyer. Akin has functioned in various capacities ranging from being Secretary to various Board Committees to acting as Head, Security and Documentation in August 2001. As Head, Secretarial Department from February 2003 and August 2004 as well as Secretary to Board Committee on Finance and Credit.

Akintunde had attended several trainings both at home and abroad on National Security for Financial Transactions, Company Secretarial and Commercial Practice, Stock and FX Trading Market organised by Pacific Realms, UK, Euro Money Legal at 8TH Corporate Finance School, Windsor in 2008 among others.

As a high-flyer, Akin moved to Intercontinental Capital Market (ICML) (now Access Bank Plc) as the Company Secretary, Legal Adviser and Head, Human Capital & Admin. He was also prominent in the decisions relating to the Merger between Wema Bank Plc and National Bank Nigeria Ltd and his professional advice on matters relating to the Issuing House, Asset Management, Financial Advisory and Venture Capital Market Activities of the Companies is immeasurable.

Akintunde Ogunsan is happily married with children.

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Taofeek Ogunjimi, C.O.O., B.Sc., FCILRM

Taofeek Ogunjimi is currently the Chief Operating Officer of the Bank. Taofeek is a Microfinance expert having undergone the rudiments of Microfinance Operations in Nigeria. He is a Fellow of Chartered Institute of Loan and Risk Management of Nigeria.

He has attended many training programmes which had sharpened his Managerial acumen. Notable among these were workshops and seminars organised by Central Bank Of Nigeria (CBN) and Nigerian Deposit Insurance Corporation (NDIC).

Taofeek Ogunjimi is a seasoned Banker who has a versed knowledge of Operations, Control and Marketing in Microfinance Operations.

He is happily married with children.

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Dr. Oluseni Ogunsan, B.Sc, M.Sc, Ph.D

Dr. Ogunsan is versed and well experienced in all facets of Process Control, Commissioning, Start-up, Automation Project Design and Implementation. He is equally a guru in the provision of Documentation Support Services for Instrumentation and Control for Refineries, Petrochemicals and other Chemical Plants. He is currently the main Consultant to Warri Refinery and Kaduna Petrochemical Plant.

Dr. Ogunsan, the quiet and unassuming personality, with the support of other Directors, has been instrumental to the giant stride the Bank has attained since he came on Board as a Director.

Chief Soji Faluade

Chief Faluade is a Director/Vice Chairman of Cooperative Societies in Ogun State, and a pioneer Director of Bank.

His passion to assist the community, especially the peasants and the economically challenged has endeared him to many, which in essence has impacted positively on the reputation of the Bank.

He is happily married with children.

Rev. Solomon Olawale Olabode

A fulfilled businessman with a wealth of experience in business practice. Rev. Olabode has over 36 years experience in business and he has been captain of many companies.

Reverend Olabode Solomon is happily married with children.

Hon. Ajanaku Samuel Olusegun, B.Ed, M.Sc, MINSM,PLI.

Hon. Ajanaku Samuel Olusegun is an intellectual in the world of Political Science. He had his First and Second Degrees in Political Science from the prestigious University of Ibadan. He is a member of numerous Professional Bodies both in Nigeria and abroad, among which are the Institutes of Sales Management of Nigeria and Pointman Leadership International.

Honourable Ajanaku is a knowledgeable Teacher and Lecturer to be reckoned within the academic cycle. He was with Oyo State Education Board for four years after which he joined Glorylanders Consortium Limited as a Personnel Officer. He had a brief stint with Ibadan South-West Local Government before moving to Forestry Research Institute of Nigeria (FIRN), Ibadan as an Admin and Personnel Officer. His passion to impact knowledge and to develop people made him to take up lecturing appointment at Uyo City Polytechnic. In his quest to contribute his quota to the development of the society brought him into the Political arena in 2011 as a Legislator in the Oyo state House of Assembly.

Honourable Ajanaku Samuel Olusegun’s brilliance has won him many laurels in Nigeria and beyond.

Mr. Emmanuel Nabo BS, MS.

Mr. Nabo has twenty-three years of Management, Engineering, Construction and Operations experience in the oil and gas, and currently the Project Manager NSI System Inc.

He worked as a Senior and Principal Project Engineer at Exxon Company and Arco Chemical Company in the United State of America (USA). Thereafter, he became the Lead Country Manager and Project Director for Albert-Garaudy and Associates Engineering Company.

Mr. Nabo’s quest for knowledge and excellence has exposed him to diverse experience in areas of business management and supervisory functions, project management, design engineering, construction engineering and management, facilities engineering, surveillance engineering, production operations and production system optimizations. He also has proven expertise in project management and business tools for the successful execution of varied projects in achieving organization efficiencies, process improvements, capacity enhancements, equipment optimization and quality, budget and schedule objectives. He has worked on a wide variety of projects worldwide including USA, Nigeria, Angola, Equatorial Guinea, Indonesia and Middle East.


Meet Our Management Team

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Adedeji Abimbola A, FINANCIAL CONTROLLER

A graduate of Accounting and Associate Member of the Institute of Chartered Accountants of Nigeria (ICAN). Adedeji Abimbola had his professional training at Ayo Akinyelure & co (Chartered Accontants) where he was tutored in the areas of Financial Analysis, Internal Audit and Financial control as well as Taxation.

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Jayeola Adeshina Ebenezer, HEAD OF TREASURY

Jayeola Adeshina is a graduate of Accounting as well as Banking and Finance. A full member of the Chartered Institute of Loan and Risk management of Nigeria, he is a thorough-bred professional who discharges his duty in an efficient manner and was the brain behind the organic growth of erstwhile Integrated Microfinance Bank. Jayeola Adeshina has extensive knowledge of Information Technology and has brought over ten years of banking experience to Astra Polaris Microfinance Bank Ltd.
Jayeola Adeshina has attended many training programmes.

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Ali Ibraheem Arisekola, HEAD, INTERNAL AUDIT & CONTROL

A graduate of accounting and a member Chartered Institute of Accountants of Nigeria (ICAN), Associate member Chartered Institute of Loan and Risk Management of Nigeria (ACILRM), Chartered Institute of Economics of Nigeria (AICEM).
He has over 10 years’ experience in Audit, share registration and banking before joining Astra Polaris Microfinance Bank Ltd.
He has attended several training programmes in Nigeria.

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Idowu Oluwole Olamide, HEAD, RISK MANAGEMENT

Idowu Oluwole is a graduate of Town Planning and an Associate of Chartered Institute of Loan and Risk Management of Nigeria.
Idowu Oluwole is a distinguished professional who has carved a niche for himself in the field of Risk Management. He has brought over seven years banking experience from Wema Bank Plc where he has unrivalled achievement and this has been brought to bear in his professional calling. He is full member of the Chartered Institute of Loan and Risk management of Nigeria.

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Falade Idowu Imoleayo HEAD, INFORMATION TECHNOLOGY

Falade Idowu is a graduate of Business Administration, member of Chartered Institute of Management of Nigeria and Associate Member of the Chartered Institute of Loan and Risk Management of Nigeria.
He has attended several training programmes in Nigeria . He has more than seven years of cognate experience in many branches of Banking and Finance and these have been brought to bear in the discharge of his responsibilities.

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Adejo Olubunmi Olaide, HEAD, HR & ADMINISTRATION

An exceptional human resources manager, well-groomed in area of administration and management. A product of University of Ibadan with Masters degree in Philosophy.
Bunmi has worked in multinational companies as human resources manager with noticeable impacts before joining Astra Polaris MFB and as hence being productive and impactful.
She is an objective and proactive fellow. Bunmi is indeed a talent.

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Onifade Abimbola Ajike, HEAD, MARKETING & PRODUCT DEVELOPMENT.

Abimbola holds a degree in Banking and Finance as well as Masters degree in Business Administration. Abimbola is a banker of note with proven track record in Commercial, Mortgage and Microfinance Banking activities. She has over seven years of unblemished banking experience to her credit. She is a member of reputable Professional Bodies in Nigeria. Notable among these are NIM, CIBN, ICEN & CILRM.
Abimbola has attended many training programmes in Nigeria.

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Opeola Rukayat Olatundun, HEAD, OPERATIONS

Opeola Rukayat Olatundun is a graduate of marketing, a member of Chartered Institute of Marketing of Nigeria and full member of the Chartered Institute of Loan and Risk management of Nigeria.
She also holds Masters in Business Administration (MBA). She has brought over seven years banking experience from Wema Bank Plc to Astra Polaris Microfinance Bank Ltd.

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Ogunsanya Ebenezer

Ogunsanya Ebenezer is a graduate of Accounting and an Associate of Chartered Institute of Management of Nigeria.
Ogunsanya Ebenezer has several years of Banking experience in Operations and Control.

Omolade Thomas Mayowa, HEAD OF CREDIT

A resourceful Banking Executive and seasoned Microfinance practitioner; an Accounting graduate from Osun State Polytechnic and Member of Chartered Institute of Management of Nigeria.
He has worked in many organisations before he joined SUSU Microfinance Bank where he worked and attained ample Microfinance practices. He rose to management level before he left Susu Microfinance Bank.
He brings his wealth of experience to bear in his current position as Head, Credits Department of Astra Polaris Microfinance Bank Ltd.
He has over 10 years post-graduation work experience including over 7 years in microfinance industry and worked in marketing and Credit/Risk departments of the Astra Polaris MFB Ltd and Susu MFB. Thomas has a broad (Local and International) training/exposures on credit and especially Group Lending System and Credit Risk Management.
Thomas joined Astra Polaris MFB in year 2015 as the Head of Credits.


Our Correspondent Banks