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EFInA appoints Esaie Diei as CEO

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Enhancing Financial Innovation and Access, (EFInA), has announced the appointment of Esaie Diei as its Chief Executive Officer.

EFInA, funded by the UK Government’s Department for International Development (DFID), and the Bill & Melinda Gates Foundation, said Diei would be responsible for leading the organisation and ensuring that it continues to advance on its mission of facilitating the emergence of an all-inclusive and growth-promoting financial system in Nigeria.

In a statement, the firm disclosed that Diei brings a deep experience of working at senior level in financial inclusion and in financial markets; strong relationship management experience with the ability to effectively engage with diverse stakeholders; and a strong understanding of the operation, challenges, technical and political context of the Nigerian financial system.

Diei has over 30 years professional experience in management, product development, marketing and digital innovation. He is an alumnus of ESCA (Ecole Superieure de commerce d’Abidjan), a highly rated Business School in Cote d’Ivoire in partnership with the University of Brighton (United Kingdom).

He began his career at IBM in 1998 as a sales manager before moving to United Bank of Africa (UBA) in 1999, as Head, Card & Payments. In 2009, he was appointed Group Head, Prepaid Card Business and in this capacity he played an important role in UBA’s digital banking transformation.

Esaie took up an appointment with Globacom in 2014 as Group Head, Mobile Financial Business and led the company’s digital transformation in mobile payments. In 2017, he was appointed the CEO, MoneyMaster Limited, a Globacom subsidiary focused on digital financial business.

“Esaie Diei has made substantial contributions to the development of financial inclusion in Nigeria particularly through his work on the Central Bank’s Committee set up to develop the regulatory framework for licensing Super-Agents where he served as Vice Chairman”

“He was one of 40 Digital innovation experts from Africa selected by the Consultative Group to Assist the Poor (CGAP) in 2011 to participate at a gathering in Washington DC called to examine the challenges and opportunities which existed in promoting financial inclusion through innovation”, the statement read.
According to EFInA’s Board Chairman, Mr Segun Akerele, said the new CEO has the right mix of experience in leadership, digital innovation and management needed to lead the next phase of the company’s growth.
In response, Diei said, “I am excited to join this wonderful team of highly driven individuals who are investing their skills and efforts in advancing access to financial services and opportunities for the poor in Nigeria. I am confident that working together with our stakeholders we will be able to achieve our goals and meet Nigeria’s Financial Inclusion targets by 2020”.


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