Olalekan Balogu

Olalekan Balogu is the President of the Liberia Bankers Association (LBA) and the Chief Executive Officer of Bloom Bank Liberia. He has been a prominent advocate for addressing the challenges of non-performing loans in Liberia's banking sector, emphasizing the need for decisive action from the government and regulatory authorities to stimulate credit expansion and economic growth. Balogu has commended the Central Bank of Liberia for improvements in macroeconomic stability but has also warned that high liquidity in the banking system is not translating into increased lending, which could hinder the country's economic development.