Digital payments company MDP has appointed Frank Molla as the Managing Director of MDP Africa.
- Molla has two decades of experience in the payments industry across Europe, the Middle East, and Africa.
- Prior to joining MDP, Molla was Managing Director and Head of sub-Saharan Africa at BPC Banking Technologies.
- Before that, he drove Mastercard’s business strategy in Eastern Africa.
The new MD has also worked at American Express in Spain and the United Kingdom. He begun his career at Barclays Bank of Kenya, now Absa.
“With Frank, We have a brilliant opportunity to handshake one of the foremost business leaders in financial technology with a compelling Africa macro-opportunity that we believe will create value and drive increased innovation for the continent’s payment market,” CEO of MDP Ahmed Nafie said.
MDP has been active for 30 years, providing card and payment processing solutions for banks, fintechs, and other businesses across different markets and sectors in the Middle East and North Africa.
“I am excited to work with an exceptional team to entrench MDP’s value through partnerships, build out the next level of growth that the continent presents, and radically accelerate our Africa footprint,” noted Molla on his appointment.