NEWS
Folasade Femi-Lawal moves from First Bank Nigeria to Mastercard as Country Manager , West Africa
Mastercard , a company in digital payments and technology , is announced the appointment of Folasade Femi-Lawal as the new Country Manager and Area Business Head for West Africa . With over 25 years of multifaceted experience spanning financial services , management consulting , telecommunications , and business advisory services , Folasade brings a wealth of knowledge and expertise to the role .
As Country Manager , Folasade is responsible for further driving the company ’ s strategic vision , innovation and growth agenda , as well as strengthening partnerships with key stakeholders , and advancing the company ’ s mission of building a more connected and inclusive digital economy in West Africa .
Folasade brings a wealth of experience as a trusted senior executive , having displayed her ability to consistently achieve business growth objectives in start-up , turnaround , and rapidly changing environments .
She has successfully led initiatives in Mobile Financial Services and Digital Banking Strategy at First Bank , Nigeria , over the past
Folasade Femi-Lawal decade , and significantly grew the card subscriber base and market share as the Head of Cards and Messaging Business .
Prior to her tenure at First Bank , Folasade served as the Head of the Loan Monitoring Unit at the United Bank of Africa , overseeing critical aspects of credit risk management . With a robust background in digital payments , she has played instrumental roles in driving innovation and enhancing customer experiences across the banking sector .
Before her banking roles , she also excelled as a consultant at PwC and played a pivotal role at Airtel , managing the Regional Balanced Scorecard for eight regions .
Folasade is renowned for her commitment to fostering inclusive growth and empowerment , particularly for women and children , as evident through her extensive philanthropic endeavours and mentorship roles with organisations like Women in Management , Business and Public Service , WimBiz , the United States , White House Initiative – Academy for Women Entrepreneurs , AWE and FirstBank Women Network .
LogRhythm expands partnership with e-finance , subsidiary of Egypt based e-finance Investment Group
LogRhythm has expanded its partnership with e-finance , a subsidiary of e-finance Investment Group to deliver secure digital transformation in Egypt . The strategic expansion of the partnership sees the integration of LogRhythm into e-finance ’ s cloud computing platform . e-finance ’ s customers across critical industries including fintech , government , and healthcare gain access to LogRhythm SIEM to uncover threats , mitigate attacks , and scale their business with confidence .
The integration of LogRhythm into its platform enables e-finance to strengthen its support for Egypt ’ s Vision 2030 initiative to achieve digital transformation and improve operational efficiency within the country . Organisations across public and private sectors benefit from LogRhythm ’ s intuitive , high-performance analytics , automated threat detection , and seamless incident response .
The e-finance integrated cloud computing platform is the first of its kind in Egypt and provides 200 diverse services . It is equipped with the latest secure computing technologies and multiple digital services including the latest software , cloud platforms , cybersecurity applications , artificial intelligence , AI , big data processing , and more .
In 2023 , LogRhythm partnered with e-finance to mitigate threats in Egypt ’ s digital payment security ecosystem with LogRhythm SIEM . The recent expansion of this partnership means both e-finance and its customers now benefit from LogRhythm ’ s scalable , accessible , and easy-to-integrate cybersecurity solutions .
e-finance for digital operations is e-finance Investment Group ’ s flagship subsidiary which utilizes a fully integrated system of end-to-end payment infrastructures to develop and operate financial networks and to provide government , businesses , and consumers with a broad and innovative suite of digital products .
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