{
  "id": 3770794,
  "title": "MoMo PSB appoints former Flutterwave COO Bode Abifarin as CEO",
  "url": "https://urgent.news/2026/08/27/momo-psb-appoints-former-flutterwave-coo-bode-abifarin-as-ceo",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T16:11:45.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/08/27/momo-psb-appoints-former-flutterwave-coo-bode-abifarin-as-ceo/"
  },
  "original_language": "en",
  "account": "MTN Nigeria's fintech arm, MoMo Payment Service Bank (MoMo PSB), has announced the appointment of Bode Abifarin as its new Chief Executive Officer and Managing Director, set to begin on September 1, 2026. Abifarin brings over two decades of experience in financial services, consulting, digital payments, fintech, strategy, operations, and business transformation.\n\nPrior to joining MoMo PSB, Abifarin served as Chief Operating Officer at Flutterwave, where she oversaw strategic expansion, built scalable operating models, improved regulatory engagement, and developed payment solutions to increase access to financial services. Her expertise in fintech, financial services, and business transformation is expected to guide MoMo PSB through its next phase of growth.\n\nMTN Group Fintech CEO, Serigne Dioum, praised Abifarin's \"exceptional blend of strategic leadership, execution excellence, and deep fintech expertise.\" MoMo PSB Board Chairman, Michael Ajukwu, highlighted her experience in payments, digital transformation, stakeholder engagement, and commitment to financial inclusion, making her well-suited for the role.\n\nAbifarin expressed her enthusiasm for expanding access to digital financial services and advancing financial inclusion in Nigeria. She plans to collaborate with MoMo PSB's team, regulators, partners, and stakeholders to accelerate access to secure, customer-centric financial solutions that benefit individuals, businesses, and communities nationwide.\n\nAbifarin's career includes 15 years at KPMG, where she rose to Associate Director in Management Consulting, advising financial institutions and organizations across Africa on strategy, transformation, customer experience, and business growth. She also founded Strata Advisory, a technology-focused advisory firm, and has received recognition as one of the Top 100 Women in Global Fintech, among other accolades.\n\nAbifarin assumes her new position at a time when MTN Nigeria is evolving its fintech business and expanding its range of financial services through digital platforms. In April 2026, MTN Nigeria announced plans to sell a 60% stake in MoMo PSB and Y'ello Digital Financial Services (YDF) to MTN Group for N152.06 billion, retaining a 40% stake. Additionally, MTN Group is exploring banking licenses in certain markets, considering expanding its lending operations and identifying credit as a significant growth opportunity for its fintech business.",
  "summary": "MoMo Payment Service Bank (MoMo PSB), the fintech subsidiary of MTN Nigeria, has appointed Bode Abifarin as its Managing Director and Chief Executive Officer, effective September 1, 2026. The post MoMo PSB appoints former Flutterwave COO Bode Abifarin as CEO appeared first on Nairametrics .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}