Banking/Finance Business & Economy News

Mastercard Appoints Folasade As New Country Manager for West Africa

Mastercard, a leading company in digital payments and technology, has announced the appointment of Folasade Femi-Lawal as the new Country Manager and Area Business Head for West Africa.

With over 25 years of multifaceted experience spanning financial services, management consulting, telecommunications, and business advisory services, Folasade brings a wealth of knowledge and expertise to the role.

“As Country Manager, Folasade is responsible for further driving the company’s strategic vision, innovation and growth agenda, as well as strengthening partnerships with key stakeholders, and advancing the company’s mission of building a more connected and inclusive digital economy in West Africa, “the company said in a statement. 

Division President for Sub-Saharan Africa at Mastercard, Mark Elliott, said: “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. Folasade will work closely with various private and public sector stakeholders in the country to help further this transformation.”  

Responding, the new Country Manager, West Africa, said: “Mastercard’s unwavering commitment to excellence, cutting-edge solutions, partnerships, and initiatives have consistently set industry standards as it concerns financial inclusion, economic empowerment, digital transformation, and innovation.”

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