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Ajay Banga, MasterCard President and CEO Makes Stops in Nigeria, Kenya and South Africa

On Monday, January 14th, Ajay Banga addressed Central Bank of Nigeria (CBN) officials and other business leaders in Abuja, Nigeria. In his address, Mr. Banga highlighted the rapid evolution of the Nigerian payments landscape as a global success story, acknowledging CBN’s Cashless Policy as the driving force behind the reform in the country’s electronic payments sector over the past two years. The following day, January 15th, Mr. Banga attended a signing ceremony in Nairobi, Kenya to announce an agreement between MasterCard and Equity Bank of Kenya to issue five million MasterCard-branded debit and prepaid cards.

Mr. Banga’s trip continued in South Africa Wednesday, January 16th  as he participated in a tour of the iconic Hector Pieterson Memorial in Soweto. There, he met with Antoinette Sithole, Pieterson’s sister, who led Mr. Banga around the facility, providing a unique and personal insight into South Africa’s history and the 1976 Uprising. Following the tour, Mr. Banga met with Hilda Nkantini, one of the six million South Africans who now receive their social grant payments by using the Debit MasterCard. They discussed the benefits of the South African Social Security (SASSA) Debit MasterCard that will help bring 10 million South Africans into the country’s formal banking sector.

Ajay Banga, President and CEO of MasterCard met and addressed guests from the South African financial services sector and other stakeholders at a MasterCard thought leadership session hosted in Abuja on Thursday, Jan. 17th, 2013. Banga met and interacted with Christabel Onyejekwe, Executive Director, Business Development, Nigeria Inter-Bank Settlement System, Chioma Nkechicka, Assistant General Manager/ Head Card Service, Zenith Bank Plc, Omokehinde Ojomuyide, country manager, MasterCard and Oluwatoyin Jokosemimi , Head, Financial System Strategy 2020 among many other notable business leaders.

 

Follow @MasterCardNews and #MAinAfrica on Twitter to receive updates of Mr. Banga’s time in Africa.