Bank Profile
Palmcoast Microfinance Bank Limited (PMFB) was incorporated on October 13, 2009 to carry on the business of microfinance banking in Uyo, Akwa Ibom State. The Corporate Head Office is at No. 13, Nwaniba Road, Uyo, Akwa Ibom State.
PMFB is a privately owned financial institution committed to providing diversified, affordable and dependable financial services to the active low income individuals and group, in a timely and competitive manner that would enable customers undertake, grow and prosper in their businesses and personal finances.
VISION: To be the leading Microfinance Banking Services provider in our communities and one of the best globally.
MISSION: To deliver quality, innovative and digital-driven microfinance banking services to teeming customers in a profitable and socially responsible manner, thereby optimizing valve for our stakeholders.
Corporate Governance
The general policy of the Bank is determined by the Board of Directors comprising five industrious and experienced professionals committed to the highest standard of service excellence and best practice. The Bank’s vision and strategic objectives are delivered by the executive management team, led by the Managing Director/Chief Executive Officer.
Board Of Directors
The Bank’s Board of Directors comprises 6 experienced individuals of high integrity, impeccable character and values. They have acquired and demonstrated vast experience and competences in professional practices and business administration. Their combined experience in banking and business management which adds up to over 90 years is one of the major strengths of the Bank. This will support the rapid attainment of the Bank’s business objectives. The members of the Board of Directors are as follows:
Chairman
Dr. Saviour Ibok
Dr. Ibok is an accomplished banking and business transformation executive with over 30 years of experience in retail, commercial, and investment banking, corporate strategy, business development, and operational excellence. He has proven track record of driving business growth, leading large cross-functional teams, improving profitability, and implementing strategic initiatives across regional and national markets. Dr. Ibok has experienced in customer relationship management, enterprise risk management, business optimization, and post-merger integration. He is recognized for delivering sustainable business results, enhancing service delivery, and building high-performing teams. A strategic leader with strong analytical, negotiation, and stakeholder management skills, committed to achieving organizational goals through innovation, operational efficiency, and exceptional leadership.
Dr. Saviour Ibok
Dr. Ibok is an accomplished banking and business transformation executive with over 30 years of experience in retail, commercial, and investment banking, corporate strategy, business development, and operational excellence.
He has proven track record of driving business growth, leading large cross-functional teams, improving profitability, and implementing strategic initiatives across regional and national markets.
Dr. Ibok has experienced in customer relationship management, enterprise risk management, business optimization, and post-merger integration. He is recognized for delivering sustainable business results, enhancing service delivery, and building high-performing teams.
A strategic leader with strong analytical, negotiation, and stakeholder management skills, committed to achieving organizational goals through innovation, operational efficiency, and exceptional leadership.
Mr. Emmanuel Etim
Mr. Etim a distinguished healthcare and financial services professional with over 35 years of experience spanning radiography, diagnostics, management, marketing, microfinance banking and corporate governance. He holds a Bachelor of Science degree in Radiography and a Post Graduate Diploma in Management from the University of Calabar.
He is a registered member of the Radiographers Registration Board of Nigeria, an Associate Member of the International Society of Radiographers and Radiological Technologists, and a Member of the Nigerian Institute of Management.
He is also a Chartered Manager and Mediator, bringing a broad combination of professional, managerial and governance expertise to his roles.
Mr. Etim has served as a Board Member of Palmcoast Microfinance Limited since 2014 and currently functions as Chairman of the Finance and General Purpose Committee, where he contributes to institutional strategy while overseeing regulatory, legal and fiscal compliance.
He also monitors management performance against agreed targets and promotes the achievement of value for customers and stakeholders.
His healthcare career includes progression from Higher Radiographer to Principal Radiographer, with extensive experience in diagnostic and imaging services.
He served at the University of Calabar Teaching Hospital as a Principal Radiographer, where he managed the department, coordinated staff training and provided routine and specialized radiological services.
He also provided leadership in diagnostic and imaging services at NNPC Medical Services and the Nigerian National Petroleum Company Limited.
In addition to his clinical and management experience, he has significant commercial and marketing expertise. As a Marketing Team Lead, he secured blue-chip partnerships and SIGNIFICANTLY CONTRIBUTED TO THE annual revenue GROWTH.
His extensive experience across healthcare, business development, financial services and corporate governance has made him a versatile, results-driven professional and a valuable contributor to the strategic growth and affairs of Palmcoast Microfinance Limited.
Anietie Sunday Ekpo
Mr. Ekpo is a experienced Insurance and Management professional with over 30 years of progressive experience in the insurance industry, with strong expertise in underwriting, claims and reinsurance, marketing, branch administration, business development, and regional operations management.
He has demonstrated a consistent record of leadership, operational oversight, customer relationship management, and effective administration across various insurance branches and territories.
Mr. Ekpo began his professional career with Anchor Insurance Co. Ltd., where he served in various capacities, including Assistant Superintendent in Underwriting, Claims/Reinsurance, and Marketing.
He subsequently rose to the position of Branch Head/Senior Superintendent at the Ikot Abasi Branch, where he managed branch operations for several years.
He later served as Branch Manager at the Port Harcourt Branch and subsequently at the Uyo Branch, where he provided strategic and administrative leadership while overseeing day-to-day business operations.
He was thereafter appointed Senior Manager/Regional Manager for the South-East Region, with responsibility for overseeing the operations of the company across five states.
Mr. Ekpo possesses a strong academic and professional background, having obtained an Ordinary National Diploma in Accounting, Higher National Diploma in Management, and a University Post Graduate Diploma in Management.
He also holds a Master's Degree in Business Management, with membership of relevant professional bodies, including the Chartered Insurance Institute of Nigeria and the Chartered Institute of Public Diplomacy and Management.
With extensive experience in insurance operations, management, and regional administration, he brings strong leadership, organizational, analytical, and decision-making abilities.
His wealth of experience in managing people, branches, and business operations has positioned him as a valuable contributor to organizational growth and effective management.
Imaobong Esema
Mrs. Esema is a seasoned Chartered Accountant, Tax Consultant, and Business Development Strategist with over two and a half decades of post-qualification experience in taxation, financial management, business development, investment management, and forensic accounting.
She has proven expertise in driving organizational transformation, optimizing financial performance, strengthening governance, and delivering sustainable business growth across the public and private sectors.
She is recognized for providing strategic advisory services, leading high-performing teams, and developing innovative solutions that enhance operational efficiency, ensure regulatory compliance, and create lasting value.
Mrs Esema is committed to excellence, integrity, innovation, and delivering measurable impact in every engagement.
Mr. Mike Etefia
Mr. Etefia is a highly experienced business development, investment, and marketing professional with over 20 years of progressive experience in banking, finance, business management, and strategic planning.
He has proven ability to drive business growth, build and maintain strong client relationships, develop marketing strategies, and lead high-performing teams.
Mr Etefia is skilled in project coordination, customer relationship management, business development, and operational leadership.
Recognized for excellent communication, negotiation, and leadership skills, with a strong commitment to achieving organizational goals and delivering outstanding results.
Pastor Godwin Eton
Pastor Eton is results-driven accounting and finance professional with extensive experience in financial management, budgeting, cost control, contract administration, account reconciliation, and business process improvement.
He has proven ability to strengthen financial controls, minimize losses, optimize operational efficiency, and ensure compliance with financial regulations and organizational policies.
Pastor Eton is skilled in financial reporting, analysis, stakeholder engagement, and the delivery of strategic insights that support informed decision-making.
He is recognized for strong analytical, problem-solving, and leadership abilities, with a commitment to integrity, accuracy, continuous improvement, and driving sustainable organizational growth.
Our Team
Executve Management
Our Executive Management team, led by the Managing Director, Kufre Gibson Lawson, comprises a number of dynamic, experienced and well tested professionals who have made their marks in the banking industry. With a combined industry experience of over 50 years, they are well positioned to provide leadership that keeps the focus on customer satisfaction.
Our Technology
Information Technology
To deliver a seamless, consistent level of service excellence and customer satisfaction, the bank’s operation is powered by top of the pack information technology system, compliant to regulatory requirements but also capable of facilitating swift, accurate and timely customer service delivery for the short and long term. The system, Appsolute, is robust, flexible, and reliable and is one of the most suitable for microfinance operations.