Folasade Femi-Lawal Becomes Mastercard’s Country Manager for West Africa

Mastercard has announced the appointment of Folasade Femi-Lawal as their new Country Manager and Area Business Head for West Africa. Femi-Lawal brings a wealth of experience to the role, boasting over 25 years in finance, consulting, and technology.

Driving Digital Transformation:

Mark Elliott, Mastercard’s Division President for Sub-Saharan Africa, highlighted Femi-Lawal’s impressive track record: “Her leadership, innovation, and dedication to positive change align perfectly with our vision for the region.” He sees her experience in digital payments as a major asset in driving financial inclusion and pushing Nigeria towards a cashless society.

A Seasoned Leader:

Prior to joining Mastercard, Femi-Lawal led Mobile Financial Services and Digital Banking Strategy initiatives at First Bank Nigeria. Her diverse background also includes leadership roles in banking, consulting, and telecommunications.

Mastercard’s Global Push:

This appointment comes at a time when Mastercard is actively forging strategic partnerships to stay ahead in the rapidly evolving payments landscape. One such collaboration is with Circle, a leader in stablecoin issuance, aimed at bridging the gap between traditional and digital currencies.

What This Means:

Femi-Lawal’s appointment signals Mastercard’s commitment to expanding its reach and impact in West Africa. Her expertise and leadership will be crucial in driving digital innovation and financial inclusion across the region.

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