Opeyemi Oyinloy Appointed New CEO of Paga Nigeria

Paga Group announced the appointment of Opeyemi Oyinloy as the new Group COO and CEO of Paga Nigeria, signaling a new era for the company. Oyinloy, who has been with Paga for a decade, joins Tayo Oviosu and Jai Alabraba, the founders of the company, in leadership.

Notably, Oyinloy is neither a co-founder nor a family member of the founders, which is a departure from typical leadership structures in startups. His extensive background in customer experience, including multiple roles at Etisalat Nigeria, positions him well to lead Paga's operational strategies.

Oyinloy will focus on enhancing customer experience and scaling the company's core infrastructure. The article emphasizes the importance of building a robust organizational structure beyond the founder's vision, citing research that suggests external hires often perform lower than internal candidates in their initial years.

This leadership change at Paga reflects a broader trend in the industry towards developing internal talent and ensuring operational discipline.