MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria has appointed Bode Abifarin as its new Managing Director and Chief Executive Officer subject to regulatory approval.
MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria has appointed Bode Abifarin as Managing Director and Chief Executive Officer effectively September 1, 2026.
Abifarin brings over 23 years of executive experience across financial services, consulting, digital payments, fintech, corporate strategy, operations and business transformation.
MoMo PSB, which operates under a Central Bank of Nigeria license, stated that Abifarin brings a strong blend of strategic leadership, operational expertise and deep insight into Africa’s evolving financial ecosystem.
She previously served as Chief Operating Officer at fintech unicorn Flutterwave, where she played a key role in driving its multi-market expansion.
Her career also includes a 15-year tenure at KPMG, advising organizations across Africa on strategy, business transformation, customer experience and growth initiatives.
“Joining MoMo PSB at such a pivotal time for digital financial services in Nigeria is a immense honor. Financial inclusion represents one of our greatest levers to unlock economic empowerment and prosperity for millions,” Abifarin stated.
“I look forward to partnering with our talented team, regulators, partners, and stakeholders to accelerate access to innovative, secure, customer-centric financial solutions that transform lives and build lasting value for individuals, businesses and communities nationwide” she added.
The company noted that Abifarin will steer MoMo PSB into its next growth phase, prioritizing expanded access to innovative, secure and customer-focused digital financial services.
She will also lead initiatives to broaden financial inclusion and deliver higher value to individuals, businesses and communities nationwide.
MTN Group Fintech CEO Serigne Dioum noted that Abifarin brings a rare combination of strategic vision, operational execution, and deep fintech domain knowledge backed by a proven track record of scaling high-impact financial services businesses across Africa.
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“Her extensive experience driving innovation, operational transformation, and financial inclusion uniquely equips her to guide MoMo PSB into its next phase of growth and market leadership. We are thrilled to welcome Bode and we are confident her leadership will accelerate our mission to expand digital financial access and deliver lasting value across our ecosystem” Dioum added.
MoMo PSB Board Chairman Michael Ajukwu noted that Abifarin is a proven business leader with an outstanding record of scaling high-growth fintechs, driving operational excellence and delivering tangible impact across Africa’s financial sector.
“Her deep expertise in payments, digital transformation, and stakeholder engagement coupled with her strong commitment to financial inclusion makes her uniquely suited to lead MoMo PSB into its next growth chapter,” Ajukwu added.
