Nigerian fintech company, Paga, has announced a strategic leadership restructuring designed to support its next phase of growth and international expansion.
Under the new structure, the founder, Mr. Tayo Oviosu, transitions to the role of Group Chief Executive Officer, while Mr. Ope Oyinloye assumes a dual position as Group Chief Operating Officer and Acting Chief Executive Officer of Paga Nigeria, pending regulatory approval.
Oviosu’s revised mandate will centre on driving the company’s expansion into new markets and advancing innovation through Paga Labs, with a focus on emerging technologies such as stablecoins, cryptocurrency, and artificial intelligence.
“My focus going forward shifts to driving our expansion into new geographies and bringing new technologies to market through Paga Labs,” he said.
Oyinloye, who has spent over seven years within the organisation, is expected to provide operational leadership for the company’s Nigerian business, ensuring continuity and execution at scale.
Meanwhile, co-founder, Mr. Jay Alabraba, will concentrate on special projects and market expansion initiatives, further strengthening the company’s strategic direction.
The restructuring underscores Paga’s ambition to evolve into a pan-African financial infrastructure provider, leveraging its established capabilities to penetrate new markets and harness emerging digital technologies.
