As Chams Plc prepares for the retirement of outgoing CEO Mr Olufemi Williams, a successor has been announced in his stead, Mr Gavin Young.
Before his executive appointment, Young had worked for Chams since 2009. He has served the leading information services management company in key roles. He was the Managing Director of ChamSwitch and Deputy Managing Director of Chams Mobile amongst other roles.
Young previously worked with the United Bank of Africa (UBA) as the Senior General Manager; Cards. During his work with UBA, his team increased the number of Visa payment cards issued to customers to over 5 million within 12 months of his working with the bank.
Prior to his appointment with UBA, Young worked with Visa during which he made a pivotal decision to relocate to Nigeria. This move became necessary because his job included working with all payment entities to implement Visa cards and payments across all banks in Nigeria.
He stayed on at Visa as Country Manager for sub-Saharan Africa (South Africa, UK and Nigeria) for a total of 7 years. During his stay at Visa, he developed and implemented the CEMEA strategy for Nigeria.
Gavin also garnered a host of fintech experiences during his work with First National Bank of South Africa. He worked there for a period of twenty years, and handled the implementation of electronic banking, card systems and infrastructure.
Young will resume his new position November 1, but is currently the acting CEO while Olufemi Wiliams proceeds on his terminal leave. Olufemi worked with Chams for a period of 28 years before his retirement.
According to Williams, he is very confident in Young’s capacity to lead Chams to the next level and assures all Chams’ stakeholders of a smooth transition as his successor has a hands on understanding of the system.
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