ASA Microfinance (Myanmar) Co.,Ltd

About ASA Microfinance (Myanmar) Co.,Ltd

Employer Details

  • Type: Direct Employer
  • Industry: Banking/ Insurance/ Microfinance
  • No. Employees: 501 to 1000


No.321, Corner of Sayar San & Baho Street, 2/B Ward, Mingalardon Township, Yangon, Myanmar,Yangon, Myanmar

What we do

ASA Microfinance Myanmar Limited is a subsidiary of ASA International Group plc (‘ASA International’). ASA International is one of the world’s largest international microfinance institutions offering socially responsible financial services to low-income, primarily female entrepreneurs across Asia and Africa.

ASA International owns and operates microfinance institutions, including deposit-taking microfinance banks, in India, Pakistan, The Philippines, Sri Lanka, Nigeria, Ghana, Tanzania, Uganda, Kenya, Rwanda, Myanmar, Zambia, and Sierra Leone and has its head offices in Amsterdam and Dhaka.

ASA International is listed on the London Stock Exchange as a premium listed company.

Increasing financial inclusion and promoting the social and economic development of our clients and their communities is at the heart of ASA International’s mission. As of 31 December 2022, the Company has over 2,000 branch offices and a gross loan portfolio of over USD 350 million. ASA International employs 13,600 plus staff worldwide to serve 2.3 million clients.

ASA Myanmar has branches in 5 regions (Yangon, Bago, Mon, Magway and Sagaing) with the largest number of branches in Yangon. ASA Myanmar is indirectly wholly owned by ASA International.

We offer four types of loans:

1. Microfinance loan
2. Small enterprise loan
3. Individual loan

Our loans provide an alternative to low income entrepreneurs without access to credit from traditional banks. We provide these loans using the ASA Model.


Donated to Ministry of Social Welfare, Relief & Resettlement for Flood disaster at Bago Region.
Medical Health Camp: Opening temporary medical health camp for 210 to Magway division/Magway township.
Educational materials donation program: Donated educational materials, school bags, Milks, Bread, Chocolate, for 410 beneficiaries to Bago division / Thanatpin high school.
Food relief distribution (15 August 2019): Donated rice, cooking oil, noodle, cake, canned Fish for 1175 beneficiaries to (seven townships in Mon state)

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All ASA Microfinance (Myanmar) Co.,Ltd Jobs
We are seeking a Chief Executive Officer (CEO) for ASA Microfinance Myanmar Limited. The CEO will be responsible for providing leadership to the management team, setting goals, driving growth, and ensuring the overall success and sustainability of the organization. The successful candidate should possess excellent financial acumen, proven leadership abilities, and a deep understanding of the microfinance and financial industry in Myanmar. ASA International has adopted a road map for digital transformation. As part hereof, the company will launch its operations app as well as implement a core banking system. KEY RESPONSIBILITIES Boost performance growth from high touch ‘ASA Model’ and oversee financial performance, ensure profitability, sustainability, and compliance with regulations. Drive adoption of the Digital Strategy of the company. Harness the opportunity of the DFS channel. Grow revenues from payments and deposits with appropriate central bank licensing Pursue value-added services to grow clients’ businesses. Manage people and financial resources effectively. Support the Board of Directors to ensure effective governance. Integrate ESG strategy as the core part of the operation. Foster DEI strategy for an inclusive, diverse, and global work culture. Keen appetite for organizational risk management and compliance. Drive organizational values of professionalism, teamwork, and integrity to create an agile work environment. Effective relationship management with local and international lenders and investors. The CEO shall report to the group Chief of Operations (CoO) with a dotted line reporting to the Group CEO.
Manage the team of field auditors Organize a quarterly risk assessment exercise Design the Monthly audit plan and ensure its proper implementation Conduct audits in line with Group Internal Audit Manual and methodologies Work independently and guide field auditors in entity regarding regular tasks Work closely with HOA and help to deliver the risk based annual audit plan while ensuring quality and within stated timelines Maintain high quality standards as guided by HOA while delivering and executing the internal audit plan Re audit some Branches to verify the field auditor’s performance and efficiency of team members. Or any irregularity done by FA (If any), required by MD & HIA. Track the issue and action management process and ensure timely closure Compliance checks for external regulations as well as internal policies of the company Conduct the internal audit for the departments with sensitive information Regular follow-up and quarterly reporting on outstanding findings and the status of the implementation of the recommendations Review internal auditor’s draft mission audit reports before restitution; ensure that they are timely, well structured, have relevant audit findings and have constructive recommendations Organize and participate in restitution meetings with the auditees and Management to discuss the findings and the responses Regular follow-up and Monthly reporting on outstanding findings and the status of the implementation of the recommendations Organize and attend Audit Committee meetings and ensure they are properly minuted. Maintain good relationship and work in collaborative approach with all key stakeholders across entities Identify and focus on emerging risk areas of entities, map with auditable entities / functions and help HOA to include in risk based Group annual audit plan Monitor the administrative issues and help HOA to increase efficiency within the team Have sound knowledge on standards of internal auditing, risk based approach, process audits etc
ASA Microfinance (Myanmar) Co.,Ltd Awards