NIBSS’ AfriGo Appoints Former Mastercard’s VP As New MD, Ugo Obasi As COO

0
NIBSS' AfriGo Appoints Former Mastercard's VP As New MD, Ugo Obasi As COO
NIBSS' AfriGo Appoints Former Mastercard's VP As New MD, Ugo Obasi As COO

Ebehijie Juliet Momoh, a former Senior Vice President of Mastercard, has been appointed as Managing Director and CEO of AfriGOPay Financial Services Limited (AFSL), a subsidiary of the Nigeria Inter-Bank Settlement System (NIBSS).

Ugo Obasi was not left out as he was named the Card Company’s Chief Operating Officer (COO) by NIBSS.

In the objective to change the payment environment and enhance the financial experience for businesses and consumers throughout Nigeria, Africa, and beyond, the appointments, according to a statement from NIBSS, represent a major step forward.

NIBSS, reveals that Mrs Momoh has over 30 years of significant experience in the financial services sector, which she brings to her crucial position as MD/CEO.

Based on their profiles, as disclosed by NIBSS, Momoh started her career at Guaranty Trust Bank (GTB), and most recently, she was Senior Vice President and Country Head, West Africa at Mastercard. She has also held strategic leadership positions at First City Monument Bank, Standard Chartered Bank, Diamond Bank Plc (now Access Bank Plc), and GTB.

It stated, “In her new role, Mrs. Momoh will lead the development, operations, and acceptance of the AfriGO Card.”

Continuing, to satisfy the wide range of demands of the public, the card scheme is intended to provide a smooth, safe, and effective payment method. With the help of the AfriGO Card Scheme, Nigeria will be able to lead the digital payment revolution by expediting transactions, cutting expenses, and improving the user experience overall.

While Obasi, brings more than two decades of outstanding leadership expertise in banking, IT, and payments throughout West Africa to his new role as COO of AfriGOPay Financial Services Limited.

He had important positions in Unity Bank Plc, Ingenico, and other card schemes before to joining AFSL. He was the Director of Business Development and Bank Partnerships at Ceviant Payments. Installing revolutionary payment systems across the region has made his profession stand out.

It further reveals, “As COO, Obasi will drive operational excellence and innovation, overseeing the development and implementation of strategic initiatives to enhance the efficiency, security, and user experience of the AfriGO Card.”

Pivotal Information

AfriGo, Nigeria’s first national payment card, was introduced by the Central Bank of Nigeria (CBN) and NIBSS in January of last year.

They claim that by obtaining an AfriGO card, Nigeria joined nations that already have local cards, such as China, Russia, Turkey, and India.

Although they would provide Nigerians more options, they pointed out that the functioning of the local cards would not prevent the usage of the current international cards.

AfriGo was recently designated by the National Identity Management Commission (NIMC) as the supplier of the new General Multipurpose Card (GMPC), which will be given to Nigerian citizens.

Since AfriGo’s founding more than a year ago, the NIMC payment card is the company’s first significant undertaking.