Damola Giwa, has over 17 years of
experience in business leadership, strategy and innovation across leading
pan-African banking and fintech groups.
“I am overly excited with this appointment
and cannot wait to work with the team as we take JumiaPay to greater heights in
Nigeria. My priority is to focus on the realisation of the company’s objectives
by providing innovative financial solutions to everyone .” said Damola
Prior to joining Jumia, Damola Giwa has
held various roles in the banking and fintech sectors of the economy. He was
the Group Head, Verve Digital and New Business at Interswitch group with
responsibility for Verve digitalization, innovation, and new business strategy
across Africa. He also led the pan-Africa expansion of Verve as the Group Head
of Verve International Issuing and Acquiring Business.
Earlier in his career, he worked in the
Digital Banking group of Stanbic IBTC Bank (a member of the Standard Bank
Group) as the Head of Acquiring and Head, eBusiness Service Management. He also
led various project management, service management and business operations
teams across the Retail Banking, Stockbroking and Investment Banking divisions
of the Bank.
Giwa is a graduate of Economics and holds a
Master’s in Business Administration (MBA) from the University of ILorin and
Obafemi Awolowo University in Nigeria. He is a Fellow of the Institute of
Chartered Accountants of Nigeria as well as a Fellow of the Chartered Institute
of Bankers of Nigeria. He also has various certifications in Business Agility,
IT Service Management, Lean Six Sigma and Project Management.
Massimiliano Spalazzi, Jumia Nigeria’s CEO,
is optimistic that Damola will bring his wide experience and training to carry
out the company’s quest to serve its customers better.
“The fintech industry is one that thrives
on innovation – both in processes and security. Since JumiaPay plays heavily in
this sector, it is important that we remain relevant and innovative in the
digital payment space to make our consumers feel satisfied and secure. Damola
Giwa is widely exposed, both academically and experientially, an attribute that
we need to drive JumiaPay in Nigeria.”