• Kingsley Moghalu
Bluecode Africa, the European payments infrastructure operator backed by leading US and European institutional investors, has named Prof. Kingsley Chiedu Moghalu as Chairman of the Advisory Board of its Nigerian subsidiary, Bluecode Payments Nigeria Limited as the company formally enters the Nigerian market.
The appointment was jointly announced by Chris Pirkner, Founder of Bluecode, and Odin Krismayr, Managing Director of Bluecode Africa, who described it as a foundational governance decision for the company’s Nigerian and continental operations.
Moghalu served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, heading the Financial System Stability and Operations Directorates at different periods.
He led the team that introduced the unique-identifier Bank Verification Number (BVN), enrolling 50 million banking users, simplifying Know Your Customer (KYC) procedures, and doubled Nigeria’s financial inclusion rate from 33 to 60 percent.
“His return to the Nigerian payments space signals that Bluecode is entering not as a disruptor of Nigeria’s banking system but infrastructure partner,” said Davidson Regha, Chief Executive, Bluecode Payments Nigeria Limited.
