21st December, 2021
Jumia Nigeria has announced the appointment of Damola Giwa as the head of JumiaPay Nigeria, the digital payment and fintech platform of the company.
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.”