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Mastercard has announced the appointment of Folasade Femi-Lawal as the new Country Manager and Area Business Head for West Africa. Femi-Lawal replaces Ebehijie Momoh who held the position since 2019.
She brings a wealth of experience as a trusted senior executive, having displayed her ability to consistently achieve business growth objectives in start-up, turnaround, and rapidly changing environments. Over the past decade, she has successfully led initiatives in Mobile Financial Services and Digital Banking Strategy at First Bank, Nigeria, and significantly grew the card subscriber base and market share as the Head of Cards & Messaging Business.
“We are delighted to welcome Folasade to the Mastercard family. Folasade’s vast experience across the digital payments ecosystem will be a huge asset to the Mastercard business in West Africa. She arrives at a pivotal time when digital innovation is transforming the country’s payments landscape, moving Nigeria toward a cashless society,” said Mark Elliott, division president for Sub-Saharan Africa at Mastercard.
Femi-Lawal has an enormous task ahead of her as she leads Mastercard to increase access to formal financial services and improve economic participation among the Nigerian and West African populations.
Source: BenjaminDada