TymeBank Appoints New CEO to Lead Rebranding and Growth Efforts in 2026

Leadership Transition: TymeBank will appoint Cheslyn Jacobs as the new CEO starting January 1, 2026, succeeding Karl Westvig, who will remain in an advisory role. This change is part of the bank's strategy for growth and innovation.

Rebranding Initiative: The bank plans to rebrand from TymeBank to GoTyme in the first half of 2026, aiming to unify its identity across global operations and strengthen its market position.

Growth and Achievements: Since its launch in 2019, TymeBank has rapidly grown to over 11 million customers and became Africa's first digital bank to achieve profitability within its first year, recently reaching a valuation of $1.5 billion.

Strategic Focus: Jacobs' appointment is seen as crucial for TymeBank's transition from a startup to a mature financial brand, with plans to enhance digital services and expand regionally while maintaining a commitment to financial inclusion.