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Mike Ogbalu III

Mike Ogbalu III

Chief Executive Officer, Pan African Payment and Settlement System (PAPSS)

Mike Ogbalu III is an Electrical/Electronic Engineer and a Fellow of The International Academy of Cards and Payments with an MBA from the prestigious Lagos Business School. He has more than eight years of sound IT industry experience in planning, deployment and management of enterprise-wide infrastructure, as well as more than 15 years’ banking experience in Retail Banking, Commercial Banking and E-Business. He spent the last six years in Payments and Technology. His roles ranged from team membership to group leadership to Chief Executive. Mike managed the E-Business Group of Afribank (now Polaris Bank) and represented Afribank on the boards of Valucard Nigeria (now UPSL) and ATMC. Mike was recognised with the award of Card Personality of Year 2012 for his work at Ecobank. Mike joined Interswitch Group initially as Divisional CEO – Interswitch Financial Inclusion Services where he was responsible for driving a mandate to create the largest agent network and thereby becoming a prime facilitator of financial inclusion in Nigeria. Later, as Chief Executive Officer of Verve International, he was responsible for making Africa’s most successful card scheme truly pan-African and expanding its footprint globally. Today, as CEO of PAPSS, he is overseeing the building of a continent-wide payment infrastructure that will help to accelerate trade on the continent. He is currently a board member of the CBN mobile payments scheme board, an advisory board member of the Bridge International Academies and a Grand Patron of IAMCP-WIT Nigeria (International Association of Microsoft Channel Partners – Women In Technology).