PalmPay Group has appointed Samuel Oluyemi as Chief Operating Officer (COO) for its Nigeria operations, reinforcing the fintech’s commitment to strengthening operational excellence, financial inclusion and secure digital financial services in its founding market.
The appointment comes as PalmPay continues expanding its reach to underserved communities while enhancing the reliability, security and resilience of its digital financial services. It also aligns with Nigeria’s ongoing efforts to modernise the financial sector, deepen financial inclusion and strengthen cybersecurity and fraud prevention across the digital payments ecosystem.
As COO, Oluyemi will oversee PalmPay’s operations in Nigeria, managing the company’s delivery of digital financial services to individuals and businesses while working closely with regulators to ensure the company’s growth aligns with Nigeria’s financial inclusion and digital transformation objectives.
Oluyemi brings more than 20 years of experience from the Nigeria Inter-Bank Settlement System (NIBSS), where he played a key role in developing several national payment initiatives, including the NIBSS Instant Payment (NIP) platform, Nigeria’s first real-time interbank transfer system. He also contributed to projects such as the Electronic Dividend Mandate Management System (e-DMMS), Electronic Pensions Contribution Collection System (EPCCOS) and e-Passport Validation.
PalmPay said the appointment strengthens its leadership team as it continues building a secure, reliable and customer-focused financial services platform capable of supporting millions of users across Nigeria.
The company also reaffirmed its long-term commitment to delivering accessible financial services, including payments, savings, insurance, credit and payment acceptance solutions, while continuing to expand financial inclusion across emerging markets in Africa and Asia.
