MasterCard announced on Tuesday its appointment of Ezediashi Ofili as the company’s sub-Saharan Africa prepaid vice president and business leader.
Ofili has over 20 years of experience in the banking, energy, information technology and credit sectors in Africa and Europe and joins the company from Access Bank, where he served as the head of business engagement for northern Nigeria.
“We are happy to welcome Mr. Ofili to the MasterCard team,” Daniel Monehin, the division president of sub-Saharan Africa at MasterCard, said. “As we work towards realising our vision of a world beyond cash we acknowledge that Africa’s position as an emerging market provides increasing opportunities for the growth of prepaid card payments, especially as the market begins to witness a shift from cash to cashless transactions. We believe that investing in the kind of talent that will make our vision a reality is central to our success, and we are glad to bring on board someone with the experience and passion required to drive our growth in this region.”
Ofili, a qualified petroleum engineer from the University of Ibadan and a Microsoft certified engineer and project management professional with PRINCE2 certification, holds a master’s degree in business administration from Cass Business School.
“The potential for Africa to become as technologically advanced as its counterparts in the developed world in the area of payments is enormous, and I look forward to contributing to this growth,” Ofili said. “With the African market poised to grow significantly in the coming years as the middle class expands and use of electronic payments gains traction, now is the time to ingrain prepaid card usage in our consumers’ daily transactions.”