Omopariola Busayo: Advancing Digital Transformation at Checkoff Finance

By Rebecca Ejifoma

As Nigeria’s financial sector undergoes rapid digital evolution, Checkoff Finance continues to strengthen its position as a leader in innovative lending solutions.

A key figure in this transformation is Omopariola Busayo, CFA, FCCA, whose expertise in financial strategy, automation, and risk analytics has been instrumental in enhancing the company’s operational efficiency and digital capabilities.

As a Director, Busayo has played a strategic role in modernizing credit assessment and risk management systems at Checkoff Finance. His contributions have focused on the integration of AI-driven credit analysis models, which have improved loan decision-making and risk mitigation, ensuring a more secure and scalable lending framework.

“Leveraging technology to enhance financial decision-making is no longer an option but a necessity,” Busayo explains. “The adoption of AI and machine learning has allowed us to refine credit risk assessments, reduce default rates, and improve overall financial stability.”

His involvement in digitizing loan processing and customer due diligence has also helped streamline operations, significantly reducing turnaround time and enhancing customer experience. These innovations have positioned Checkoff Finance to better serve its growing customer base while maintaining strong regulatory compliance.

Beyond lending operations, Busayo has supported the automation of investor relations and financial reporting, ensuring that stakeholders have access to accurate, real-time data for decision-making. This has strengthened transparency, improved governance, and contributed to Checkoff Finance’s regulatory milestones, including the successful acquisition of its finance license from the Central Bank of Nigeria (CBN) in 2021.

“Digital transformation in financial services goes beyond technology—it requires a strategic approach to aligning innovation with governance and compliance,” Busayo notes. “Our focus has been on ensuring that automation supports both operational efficiency and regulatory adherence.”

Reflecting on the company’s digital transformation journey, Habila Musa-Luka, Co-Founder & CEO of Checkoff Finance, emphasizes the importance of technology in shaping the future of financial services.

“The financial sector is undergoing a fundamental shift, and institutions that embrace digital solutions will be better positioned for long-term growth,” says Musa-Luka. “At Checkoff Finance, we remain committed to leveraging technology to drive financial inclusion and operational excellence. The expertise and insights of professionals like Busayo have been invaluable in advancing this mission.”

With continued advancements in AI-driven risk assessment, automation, and data-driven financial strategies, Checkoff Finance remains focused on strengthening its position as a leading digital-first financial institution. As the industry evolves, strategic leadership and technological innovation will remain central to driving efficiency, sustainability, and financial inclusion.