Mike Ogbalu, CEO, Pan African Payment and Settlement System (PAPSS), Afreximbank

Mike Ogbalu III as he is known in professional circles is an Electrical/Electronic Engineer and a Fellow of The International Academy of Cards and Payments with an MBA from the prestigious Lagos Business School. He has over 8 years of sound IT industry experience in planning, deployment and management of enterprise-wide infrastructure. Over 8 years banking experience in, Retail Banking, Commercial Banking and E-Business. He spent the last 6 years in Payments and Technology. His roles ranged from team membership to group leadership to Chief Executive.

Mike Joined Interswitch Group initially as Divisional CEO – Interswitch Financial Inclusion Services where he was responsible for driving a mandate to create the largest agent network and thereby becoming a prime facilitator of financial inclusion in Nigeria. As Chief Executive Officer of Verve International he was responsible for making Africa’s most successful card scheme truly Pan African and expanding its footprints globally. Today as CEO of PAPSS he is overseeing the building of a continent-wide payment infrastructure that will help to accelerate trade on the continent.

Significant achievement includes, managing the implementation of a range of card products, leadership role in UBA’s e-banking infrastructure consolidation, impressive management of a small business group profit center and the repositioning of UBA Group’s Remittances portfolio to achieve industry leadership! Mike managed the E-Business Group of Afribank (Now Polaris Bank) and represented Afribank on the boards of Valucard Nigeria (Now UPSL) and ATMC. Mike was recognized with the award of Card Personality of Year 2012 for his work at Ecobank. He is currently a board member of the mobile payments scheme board, an advisory board member of the Bridge International Academies and a Grand Patron of IAMCP-WIT (International Association of Microsoft Channel Partners – Women In Technology).