The Chairman, Baobab Microfinance Bank, Mr. Bernardus Zwinkels, has thrown his weight behind moves by the Central Bank of Nigeria to recapitalisation other finance institutions, particularly the microfinance banks in the country.
This, he believes will enthrone stronger microfinance banks. James Emejo presents the excerpts:

How long have you been in the microfinance business?
Since 1975, I have been very active in Africa and in the finance sector. I am now board member of AfrikInvest Group, a Pan – African Finance Sector group which is also investing in private equity and I am very active in operations in 25 countries. I also worked 30 years for FMO. I was much involved in creating banking institutions in Africa. I did at least 30 investments in Africa from Senegal to Madagascar. So in the period of all my career, I have learned how the financial sector operates and what can be done to improve the financial sector and for four years, I am also happy to be the chairman of Baobab Microfinance Bank in Nigeria.

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