Mastercard Appoints Folasade Femi-Lawal As Country Manager, West Africa


Mastercard, a global payments technology giant has appointed Folasade Femi-Lawal, a digital payment expert as its new Country Manager for West Africa.

In her new role, Folasade will be responsible for driving the company’s strategic vision, innovation, and growth in West Africa.

In a statement, the firm stated that its new country manager has over 25 years of experience spanning financial services, management consulting, telecommunications, and business advisory services.

In his remarks, the division president for Sub-Saharan Africa at Mastercard, Mark Elliot said “We warmly welcome Folasade to the Mastercard family. With extensive experience in the digital payments ecosystem, she brings valuable assets to our West Africa operations. Her arrival comes at a pivotal moment in Nigeria’s shift toward a cashless society through digital innovation. Folasade will collaborate closely with public and private sector partners to advance this transformation.”

The firm also noted that Folasade will help drive its strategic initiatives, strengthen partnerships with key stakeholders, and advance its mission of building a more connected and inclusive digital economy in West Africa.

Folasade is a trusted Senior Executive leading verifiable year-on-year success achieving revenue, profit, and business growth objectives within start-up, turnaround, and rapid-change environments. Her extensive experience with highly engineered systems, require deep understanding of critical business drives in multiple markets and industries.

she is also a sought-after International & Local Conference Speaker/Panelist on FinTech, Digital Transformation. Customer-centricity and Business Performance.

Commenting on the appointment, Folasade said, “I am honored to assume the role of Country Manager, West Africa, at Mastercard. Excited to collaborate with the exceptional Mastercard teams, customers, and partners, I aim to contribute to shaping the future of payments, driving digital transformation, and supporting the Nigerian government’s agenda for a robust, inclusive, and secure digital economy. I am Eager to enhance our presence and deliver unparalleled value.”

Prior to her new appointment, she served as the Director of The Institutes of Directors.

Folasade hold a Bachelor of Science in Accounting from Obafemi Awolowo University as well as a Master of Business Administration in Information System Management from Texila American University Consortium.

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