Jobs/Appointments
Digital Finance Practitioners Elect Leaders for Lagos Chapter
By Modupe Gbadeyanka
The Lagos State Chapter of the Association of Digital Finance Practitioners (ADFP) in Nigeria has been launched, with leaders elected to steer the ship for the next year.
The new executives emerged after a keenly contested election that took place virtually from November 27 to 28, 2021, producing Abubakar Shehu, Director VAS, Gateway and Broadband Sales at Globacom as President.
Other elected members of the committee included Adedoyin Samo, Group Head, HR & Admin., Zedcrest Capital Limited, elected as Vice President; ‘Nifemi Oluboyede, Product Manager – credit, Kuda Digital Bank elected as Secretary; Lukmon Oloyede, Head, Product Marketing & Brand Communication, Zedvance Finance Limited emerged as Publicity Secretary; Yemi Kehinde, Group Head, Zedcrest Capital Limited as Legal Officer and Amarachi Wogu, Head, Channel Delivery, Inclusive Banking at Heritage Bank Plc as Welfare Officer.
In his acceptance speech, Mr Shehu commended the electoral committee for a free and fair election and the event organizing committees for hosting a successful historic event.
“As we consult with the board of trustees to fulfil the objectives of the ADFP, we promise to do our best to make the association a force to reckon with in the industry as we promote financial inclusion and advocate for more stakeholders’ policies and regulations that would deepen the DFS ecosystem in Nigeria,” he said.
Before the inauguration of the new executives, an interactive panel session was held on The Role of Country Association in Capacity Building for DFS Design and Delivery.
The panelislts – Folasade Femi-Lawal, AGM, Card & Messaging Business, FirstBank Nigeria; Stanley Jacob, Director, Country Business Development, MasterCard Nigeria; Kayode Olubiyi, Head, Physical Digital Bank, UBA; Kayode Kalejaiye, Head, Digital Products & Innovation, International Digital Financial Services at Essex, UK emphasized the importance of having a community of practice for exchange of knowledge, collaboration and networking in the DFS ecosystem.
According to Kayode Olubiyi, investing in capacity building should be encouraged by all institutions and regulators as the financial sector continues to evolve.
“The entire world is struck by digital transformation and is becoming more interconnected by the day using digital technologies. Digital finance has brought together people from different fields.
“To build sustainable financial products, design policies and provide appropriate regulation, we need stakeholders’ engagement – and this includes capacity building and knowledge sharing,” he said.
Folasade Femi-Lawal, in the same vein, stated that one of the major ways to bridge the talent gap in the industry is to upskill employees.
She said “export of talent is happening all over the world especially and it is important to we build a pool of talent that would quickly fill the industry gap. Despite the export of talent in Africa, many organizations across the world are still looking forward to extending their footprint in Africa.
“So, we need the ADFP to be at the forefront of talent development for the future. Undertaking the Certificate in Digital Money (CIDM) and the Leading Digital Money Markets (LDMM), and other Digital Frontiers Institute (DFI) qualifications certified by the Fletcher School at Tufts University, USA should be encouraged by all institutions especially for those in the financial sector and other related job roles.”
According to Stanley Jacob, ADFP is already producing leaders that are passionate about financial innovation. He charged the newly elected executives of ADFP Lagos to be a major driver of DFS innovation and to collaborate with innovation hubs, banking and finance institutions and other key stakeholders in Nigeria to bridge the talent gap.
Formulated by the Alumni of the Digital Frontiers Institute (DFI) Community of Practice (COP) members, the ADFP Lagos was created to catalyse the capacity of Nigerian Digital Finance Service (DFS) practitioners towards ensuring a greater level of financial inclusion and digital inclusiveness for all. It also seeks to promote digital transformation, ethical work culture within the DFS ecosystem, and contribute to sustainable development.
While delivering the keynote address at the event held on Saturday, December 11, the Chief Executive Officer, Alliance of Digital Finance Associations (The Alliance), Sarah Corley, stated that the inauguration of the Lagos Chapter of ADFP would, no doubt, deepen the DFS ecosystem in Nigeria through the exchange of knowledge, information and promotion of industry best practices.
“ADFP Nigeria is one of the founding members of the Alliance and I am personally happy that we are coming together globally to share a mutual passion about digital finance and to talk about change.
“It’s not just about learning but about how we can use that knowledge to improve digital financial services and better the lives of many people that are financially excluded by enabling them to have access to credit, insurance, loans and other financial services.”
“We are all part of a big ecosystem that include researchers, bankers, product managers etc. We all know that the banking and finance industry will not remain the same in the next 20 years. So, if we are saying Digital Finance is a profession, then we need a professional association to belong with. We should have associations that practitioners can be part of to make an impact and that is the role ADFP would fill,” Corley said.
Since 2016, Nigeria has had over 300 professionals trained in different aspects of digital financial services design and delivery across the domains of operations, technology, and regulation. Such knowledge and skillset cannot guarantee the anticipated impact if not well harnessed.
To achieve this, the country-level Community of Practice was set up to coordinate professional knowledge discourse and practice among DFS enthusiasts undertaking the CIDM, LDMM and other courses.
Graduates of these courses alongside other specialized courses have today become members of alumni networks in over 21 countries across the globe. These alumni networks which have grown into legally registered country associations, continue to play a significant role in deepening the DFS ecosystem through expansive and inclusive professional membership development opportunities, while also contributing to the growth of financial inclusion and the digital economy.
Nigeria has the rare privilege of having two chapters of the alumni network (Lagos and Abuja) under the Association of Digital Finance Practitioners (ADFP), Nigeria. It is the vision of ADFP to be a world-class professional association that will contribute to the evolution and development of the DFS ecosystem.
ADFP in Nigeria is a founding member of the Global Alliance of Digital Finance Associations (ADFA) and registered under the provisions of the Companies and Allied Matters Act CAP C20 LFN 2004.
As a professional association of certified and experienced industry practitioners and academia, AFDP is guided by a constitution under an advisory oversight of a board of trustees. ADFP is run by an executive team with years of experience in both industry and academia.
By Aduragbemi Omiyale
The conclusion of the 2025 Performance Appraisal Exercise of Abuja Electricity Distribution Company (AEDC) has resulted in the promotion and step increments of about 1,126 employees of the organisation.
The reward for performance involved the promotion of 547 employees and 579 step increments, reaffirming the company’s unwavering commitment to recognising excellence, rewarding performance and building one of Africa’s most admired workplaces.
AEDC disclosed that these actions reflect its deliberate investment in its people as the energy firm accelerates its transformation into a customer-centric, high-performing electricity distribution company with global standards and Pan-African aspirations.
The promotions and step increments, approved by the management, recognise employees who have demonstrated exceptional commitment, professionalism and outstanding performance in advancing AEDC’s strategic objectives.
However, employees who were not successful in the current appraisal cycle have been urged to remain committed, emphasising that the performance management process is designed to support continuous growth, capability development and future advancement opportunities.
“Our people remain our greatest asset and the foundation upon which AEDC’s future will be built. Today’s announcement is more than a reward for performance; it is a reaffirmation of our belief that excellence should always be recognised, talent should be nurtured and hard work should create opportunities for growth.
“As we continue our transformation journey, we are building an organisation where our employees can develop rewarding careers, realise their full potential and proudly contribute to creating one of Africa’s leading electricity distribution companies,” the chief executive of AEDC, Mr Chijioke Okwuokenye, stated.
He added that AEDC is intentionally creating a workplace where merit, continuous learning, innovation and collaboration drive career progression, while employee wellbeing remains central to its long-term strategy.
By Adedapo Adesanya
Nigerian international lawyer and anti-corruption specialist, Mr Ibrahim James Pam, has been appointed Acting Director-General of the World Bank Group’s Compliance Advisor Ombudsman (CAO), a key independent accountability body within the institution.
The appointment, approved by the boards of the World Bank Group, will take effect on August 2, 2026.
Mr Pam, who currently serves as Chair of the World Bank Inspection Panel, will oversee the CAO on an interim basis pending the appointment of a substantive Director-General and Vice President of the World Bank Group Independent Accountability Mechanism.
The development was announced in a statement issued by the Head of Communications of the Compliance Advisor Ombudsman, Emily Horgan, who said the arrangement was designed to ensure continuity during the organisation’s leadership transition.
“In view of the forthcoming leadership transition at the Compliance Advisor Ombudsman (CAO), the World Bank Group Boards have designated Ibrahim Pam, Chair of the Inspection Panel, to concurrently serve as acting CAO Director General, effective August 2, 2026,” the statement said.
“Mr Pam will serve in this role until the new World Bank Group Independent Accountability Mechanism Director General/Vice President is appointed.”
The Compliance Advisor Ombudsman is the independent accountability mechanism for projects financed by the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA), both members of the World Bank Group.
Created in 1999, the CAO reports directly to the boards of IFC and MIGA and handles complaints from individuals and communities affected by projects supported by the two institutions, while promoting environmental and social accountability.
Mr Pam, who is married with children and grandchildren, brings extensive experience in international law, anti-corruption, compliance, human rights and criminal investigations to the role.
He is the son of the late Lt. Col. James Pam, a former Adjutant General of the Nigerian Army, and Mrs Ngo Elizabeth Pam, a human rights advocate who served on the Human Rights Violations Investigation Commission, popularly known as the Oputa Panel, as well as the Plateau Peace Conference.
Over the years, Mr Pam has built a distinguished international career investigating human rights violations, financial crimes, fraud, institutional misconduct and mass atrocities across several jurisdictions.
He has served as a member of the World Bank Inspection Panel since January 2023. Prior to that, he was Head ad interim of the Independent Redress Mechanism of the Green Climate Fund in Songdo, South Korea, between August 2022 and March 2023, after leading the Fund’s Independent Integrity Unit from November 2016 to November 2022.
His professional experience also includes roles with the United Nations Office of Internal Oversight Services (OIOS), where he served as Resident Investigator with the UN Mission in South Sudan, the African Development Bank’s Integrity and Anti-Corruption Department, and the Office of the Prosecutor at the International Criminal Court in The Hague.
Earlier in his career, he provided legal support to Nigeria’s Human Rights Violations Investigation Commission (Oputa Panel) between 2000 and 2002.
A graduate of the University of Jos, Mr Pam began his legal career at J.Y. Pam & Co. before working in private legal practice, the banking sector and later the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
While at the ICPC, he received the prestigious Chevening Scholarship, which enabled him to earn a Master’s degree in International Law and Justice Policy from the London School of Economics in 2005
His appointment is expected to strengthen the World Bank Group’s accountability and oversight framework, given his extensive background in governance, integrity, compliance and international justice.
Jobs/Appointments
UNIZIK Appoints Nicholas Okoye Visiting Senior Lecturer, to Strengthen Digital Assets Education
Nnamdi Azikiwe University (UNIZIK) has appointed veteran investment banker and capital markets expert, Nicholas “Nicky” Okoye, as a Visiting Senior Lecturer in a move aimed at strengthening its capital markets and digital assets curriculum amid the growing global adoption of virtual assets and blockchain-based finance.
The appointment, which takes immediate effect, is expected to deepen the university’s capacity to train enterprise executives, entrepreneurs and policymakers in emerging areas such as cryptocurrencies, stablecoins, Central Bank Digital Currencies (CBDCs), tokenisation of real-world assets and other digital financial innovations.
UNIZIK, which hosts one of Africa’s few dedicated Capital Markets faculties, said the appointment aligns with its strategy of equipping students and professionals with the knowledge and practical skills required to navigate the rapidly evolving financial ecosystem.
The university, in its statement, described the appointment as a significant milestone for the institution.
“Securing someone of Nicky Okoye’s calibre is a game-changer. As global finance evolves, we must equip enterprise executives, entrepreneurs and policymakers with the technical knowledge required to build long-term capital formation strategies. His real-world experience is invaluable.”
Okoye brings decades of experience across global and Nigerian financial institutions. His career includes serving as a Financial Consultant at Merrill Lynch in the United States, Chief Strategy Officer at the Nigerian Exchange Group, and Founding Group Executive Director of Operations and Strategy at Transcorp Group Plc, where he led fundraising initiatives that collectively exceeded $1 billion.
He currently leads the Global Investment Advisory Community (GIAC), a coalition of local and international banks, asset managers and fintech firms working to develop a digital assets ecosystem across Africa and the Caribbean.
Beyond the private sector, Okoye has contributed to public policy, providing advisory support to the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) on capital market regulatory frameworks.
Stakeholders in the financial services sector have welcomed the appointment, expressing optimism that his academic engagement would help build capacity among investors and professionals as Nigeria expands its digital finance ecosystem.
Okoye also holds an honorary Doctor of Business Administration from Enugu State University of Technology, awarded in recognition of his contributions to enterprise development and business excellence.
He previously served on the Presidential Jobs Board and the National Council of Small and Medium Scale Enterprises, where he provided strategic advice on economic development. Between 2014 and 2018, he advised the Nigeria Content Development and Monitoring Board (NCDMB) on Project Triple E, an initiative designed to strengthen indigenous participation in the upstream oil and gas value chain by integrating community-based contractors.
The appointment comes as Nigeria intensifies efforts to establish a robust regulatory framework for digital assets. The Federal Government recently inaugurated a National Virtual Assets Council to coordinate the oversight and regulation of virtual and digital assets in the country.
The council is chaired by the Central Bank of Nigeria, with support from the Securities and Exchange Commission and the Nigeria Revenue Service, as part of broader efforts to promote innovation while ensuring investor protection and financial system stability.
