NIBSS appoints Ebehijie Momoh as CEO of AfriGOPay to drive domestic card scheme

The Nigeria Inter-Bank Settlement System (NIBSS) has announced the appointment of Ebehijie Momoh as managing director and chief executive officer (CEO) of AfriGOPay Financial Services Limited (AFSL).

AfriGOPay is a subsidiary of NIBSS.

In a statement dated June 22, the NIBBS also announced the appointment of Ugo Obasi as chief operating officer (COO).

The organisation said the appointments mark a significant step forward in its mission to transform the payment landscape and improve the financial experience for businesses and consumers throughout Nigeria, Africa, and beyond.

“Mrs. Momoh brings an impressive breadth of experience and a forward-thinking vision to her pivotal role as MD/CEO,” the statement reads.

“With over 30 years of extensive experience in the financial services industry; she began her career at Guaranty Trust Bank (GTB) and has held strategic leadership positions at Diamond Bank Plc (now Access Bank Plc), First City Monument Bank, Standard Chartered Bank and most recently, as Senior Vice President and Country Head, West Africa at Mastercard.

“Her extensive background is marked by a proven ability to drive growth, foster innovation and implement strategic initiatives that align with the nation’s financial objectives and values.”

NIBSS said Momoh holds a bachelor’s degree in chemistry from the University of Lagos, and an MBA from the University of Benin and Bangor University.

In addition, she is a member of many financial bodies including the Chartered Institute of Bankers of Nigeria, Chartered Banker Scotland and Wales, Chartered Institute of Directors, and a Fellow of the Institute of Credit Administration.

In her new role, Momoh is expected to lead the development, operations and acceptance of the AfriGOPay Card.

“The card scheme is designed to deliver a seamless, secure and efficient payment system that meets the diverse needs of our populace,” NIBSS stated.

“By facilitating faster transactions, reducing costs and enhancing the overall user experience, AfriGOPay card scheme aims to position Nigeria at the forefront of the digital payment revolution.”

On his part as the COO of AfriGOPay, Obasi will also be instrumental in driving operational excellence and innovation, NIBSS said.

According to the firm, he will also oversee the development and implementation of strategic initiatives that aim to enhance the efficiency, security and user experience of AfriGOPay card.

Commenting on the appointment, Premier Oiwoh the managing director and CEO of NIBSS said the extensive experience of the appointees are required for the initiative.

“Their proven leadership, innovative mindset and extensive experience in the financial and payment industry are exactly what we need for this transformative initiative, which is proudly Nigerian,” he said.

“We are confident that under their leadership, we will reach new heights in delivering cutting-edge card and payment solutions to our citizens.”

AfriGO is in partnership with the federal government, through the National Identity Management Commission (NIMC), the Central Bank of Nigeria (CBN) and NIBSS, to launch the multipurpose identity solution with payment functionality.