MoMo Payment Service Bank
MoMo Payment Service Bank has appointed Bode Abifarin as its new Managing Director and Chief Executive Officer, effective September 1, 2026.
Why it matters for sellers
New leadership = vendor stack re-evaluation
Signal details
- Event date
- September 1, 2026
- Reported
- August 29, 2026
- Source
- pmexpressng.com
From the coverage · pmexpressng.com
MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria licensed by the Central Bank of Nigeria to provide digital financial services, money transfers and bill payments via mobile devices, has announced the appointment of Bode Abifarin as its Managing Director and Chief Executive Officer, effective 1 September 2026. Bode joins MoMo PSB with more than 23 years of experience spanning financial services, consulting, digital payments, fintech, strategy, operations and business transformation. She is widely recognised for her role in scaling some of Africa’s most impactful financial services and technology institutions, bringing deep expertise in driving growth, innovation, operational excellence and financial inclusion across the continent.
Commenting on her appointment, Bode Abifarin said: “I am honoured to join MoMo PSB at a defining moment for digital financial services in Nigeria. Financial inclusion remains one of the greatest opportunities to unlock economic empowerment and prosperity for millions of people. ” Prior to joining MoMo PSB, Bode served as Chief Operating Officer of Flutterwave, where she played a pivotal role in the company’s growth into one of Africa’s leading fintech businesses. During her tenure, she led strategic expansion initiatives across multiple markets, established scalable operating models, strengthened regulatory engagement and supported the development of innovative payment solutions that expanded access to financial services for millions of customers.
Bode also spent 15 years at KPMG, rising to the position of Associate Director in Management Consulting, where she advised leading financial institutions and organisations across Africa on strategy, transformation, customer experience and business growth. Most recently, she founded Strata Advisory, a technology-focused advisory firm that helps businesses scale and achieve sustainable growth. “Bode brings an exceptional blend of strategic leadership, execution excellence and deep fintech expertise, underpinned by a proven track record of building and scaling some of Africa’s most impactful financial services businesses.
Her extensive experience in driving innovation, operational transformation and financial inclusion uniquely positions her to lead MoMo PSB into its next stage of growth and market leadership. We are delighted to welcome Bode and are confident that her leadership will accelerate our mission of expanding access to digital financial services and creating lasting value across our ecosystem,” said Serigne Dioum, MTN Group Fintech CEO. As Chief Executive Officer, Bode will lead MoMo PSB’s next phase of growth, focusing on expanding digital financial services, deepening financial inclusion, driving innovation and enhancing customer value in support of MTN Nigeria’s ambition to deliver a leading digital ecosystem for Nigerians.
“We are delighted to welcome Bode to MoMo PSB.
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