Stanbic IBTC Holdings has appointed fintech executive Kemi Okusanya as the new chief executive officer of its payments subsidiary, Zest Payments Limited, in a strategic leadership move aimed at strengthening its position in Nigeria’s increasingly competitive digital payments market.

Okusanya, who previously led Hydrogen, the fintech subsidiary of Access Holdings, succeeds Stanley Jacobs, the former CEO of Zest Payments, who is now serving as Group Chief Innovation and Technology Officer at Meristem.

Her appointment comes at a critical period for Zest Payments as the company seeks to scale operations, improve profitability, and compete more aggressively with established players in Nigeria’s fintech ecosystem.

Announcing her departure from Hydrogen in a LinkedIn post, Okusanya reflected on her tenure at the company and expressed confidence in the team she leaves behind.

“I will truly miss the Hydrogen team. It has been a privilege building the company to this stage,” she said.