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Stjepan Udovicic joins 9mobile as Chief Commercial Officer

Mr. Udovicic has worked in the IT and telecoms sectors across different continents.



Stjepan Udovicic has been appointed as the Chief Commercial Officer of 9mobile.

The decision was made by the Board of Directors of Emerging Markets Telecommunication Services Limited (EMTS), which was disclosed in a statement obtained by Themoneymetrics on Tuesday.

Mr. Udovicic has worked in the Information and Technology and Telecoms sectors across different continents including Europe, Asia and Africa, engaging in growing development in the media and telecoms spaces.

He is expected to implement his vast experiences in product development, product design, product pricing and customer relationship management, focusing on product delivery into the physical and digital interfaces in the telecom firm.

At 9mobile, “he is expected to lead the marketing, products, sales, distribution, customer services, and digital front-ends, which would enable brand evolution and development of the company.”

He joined 9mobile directly from Axiata Group Berhad, through its Cambodian subsidiary, Smart, where Mr. Udovicic grew a successful commercial team.

Before his stint at Axiata, he served as Marketing Director at Orange Romania for three and half years, developing products and services, digital, brand, and pricing.

He also worked with Etisalat as Customer Experience Director, spending time in the Kingdom of Saudi Arabia and the UAE.

Chief Executive Officer of 9mobile, Alan Sinfield, described Udovicic as a hardworking professional and that he represents the 9mobile spirit.

“We are an adventurous brand, always pushing the limits of innovation, so Stjepan has come right into his home. I am confident he will play a significant role in further strengthening 9mobile’s market position in Nigeria’s competitive telecommunications industry,”Sinfield said.

On his part, Udovicic said he is excited to join the team at 9mobile as CCO and looking forward to using his expertise to accelerate further access to quality products and services for telecoms subscribers in Nigeria.

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FSI appoints 8 new members to its board



Financial Services Innovators has appointed eight new personalities into its Board of Trustees, as part of its efforts to make Nigeria a global leader in innovative technology-driven financial services.

This was confirmed in a statement issued and signed by the Executive Director of FSI, Aituaz Kola-Oladejo, on Saturday in Lagos.

He said, “The trustees will bring their wealth of expertise to the board to help build, support and grow a collaborative and innovative ecosystem of players in the financial services space.”

The newly appointed trustees are the representatives of the Committee of e-Business Industry Heads (CeBIH) and Head of Card and Messaging Business at First Bank of Nigeria Limited, Folasade Femi-Lawal; Co-founder/Chief Executive of Co-Creation Hub, Bosun Tijani; and Principal of Flourish Ventures, Efayomi Carr.

Others are Co-founder/Chief Operating Officer of Digital Encode Limited, Adewale Obadare; Co-founder of Domineum Blockchain Solutions, Mohammed Jega; Divisional Head of Business Services and Client Experience/Executive Committee member at Central Securities and Clearing System, Onome Komolafe; Founder/Chief Executive Officer of Capricorn Digital Limited, Dee Abudu; and Co-founder of LoftyInc Allied Partners Limited, Wole Odetayo.

According to the statement, FSI is a shared infrastructure for the financial services industry to foster innovation and support startups.

“The organisation is passionate about driving innovation in the financial services industry and in providing financial and economic development services,” Kola-Oladejo said.

What you should know

FSI is governed by a BoT, which comprises representatives from the Nigeria Inter-Bank Settlement System, a non-executive director of a foremost financial institution and the fintech community, the statement added.

A non-profit organisation, FSI aims to lower barriers to entry, promote a level playing field for innovators without undermining the safety and security of the payment system for the general public, while advocating policies that encourage innovation in the fintech community.

Femi-Lawal, a senior executive and digital payment expert, has more than 25 years’ experience spanning retail banking, business advisory services, and telecoms.

Tijani, an innovation expert, holds a masters’ degree in Information Systems and Management. He is concluding his doctoral degree programme in Innovation Systems, while Carr holds an MBA from Harvard Business School.

Obadare is a cyber-security expert, and has a portfolio of awards, and Jega has over 18 years’ experience in projects.

Komolafe, who holds an MBA, brings to bear the professional experience she garnered from leadership and service delivery in various organisations.

Abudu’s experience includes over 15 years in corporate finance, mergers and acquisitions, and project finance in the United Kingdom, United States and African capital markets.

Odetayo is passionate about birthing social change in Africa through Information Technology, innovation, research and entrepreneurship.

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Wema Bank announces the appointment of 2 new directors



Wema Bank Plc has announced the appointment of Prince Olusegun Adesegun and Mr. Adeyemi Adefarakan as Non-Executive Directors, with effect from July 19, 2021.

This disclosure is contained in a notification which was sent by Wema Bank to the Nigerian Exchange Group Limited (NGX), esteemed shareholders and other stakeholders, signed by the Company Secretary, Johnson Lebile.

According to the notice, the appointments of Prince Olusegun Adesegun and Adeyemi Adefarakun have both been approved by the Central Bank of Nigeria (CBN).


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Greenwich Merchant Bank appoints Bayo Rotimi as MD/CEO

Bayo Rotimi has been appointed the new MD/CEO of Greenwich Merchant Bank.



Greenwich Merchant Bank has announced the appointment of Mr Bayo Rotimi as its new Managing Director/ Chief Executive Officer.

This is according to a notification made available on the bank’s social media handle, seen by Themoneymetrics.

As part of his responsibilities, Mr Rotimi is expected to provide leadership and direction to the management team and take charge in optimizing the company’s overall strategic objectives and operational performance, in a bid to deliver optimal value for stakeholders, without compromising quality and standards.

About Bayo Rotimi

Mr Rotimi is an experienced investment banking professional with over 27 years’ experience. He worked for various financial institutions such as Lead Merchant Bank and FCMB Capital Markets, where he rose through the echelons to become the CEO of the latter in 2008. Prior to his recent appointment, he was the chairman of the investment committee of ARM’s Discovery, Aggressive, Growth, Ethical, Money Markets, Fixed income and Eurobond funds with over N110 billion under management.

What they are saying

Commenting on the recent development, Chairman of Greenwich Merchant Bank, Kayode Falowo said: “Bayo’s track record and pedigree speaks for itself and offers a reassuring nexus between the corporate ideals that Greenwich is reputed for and proactive dynamism required to stay on the cutting-edge of innovation, product development and stakeholder satisfaction.”

What you should know

  • Recall that Greenwich Trust Limited was officially renamed Greenwich Merchant Bank in September 2020, after obtaining regulatory approval from CBN to operate as a Merchant Bank.
  • Greenwich Merchant Bank Limited was incorporated on the 25th of February, 1992 and subsequently commenced operations in June 1994.
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