Africa's largest fee expertise firm? Flutterwave has introduced the appointment of Dipo Fatokun as the brand new Chairman of Flutterwave Applied sciences Options Restricted.
Fatokun brings in depth regulatory perception and supervisory expertise to strengthen Flutterwave's dedication to sustaining the best requirements in regulation, compliance and governance.
Fatokun's greater than 30 years of expertise consists of a number of competencies in banking companies, finance, technique, consulting, management and administration in each the private and non-private sectors. As a Director at CBN, he oversaw key initiatives such because the Cashless Nigeria Initiative, the Financial institution Verification Quantity challenge and the Treasury Single Account (TSA) for the Federal Authorities and the automation of overseas forex funds for the interior and exterior clients of the Central Financial institution. His experience will improve Flutterwave's dedication to ecosystem greatest practices as the corporate continues its subsequent development trajectory.
Additionally becoming a member of the board is Tosin Faniro-Dada, a number one ecosystem builder and investor backing tech founders throughout Africa, as an impartial non-executive director. With greater than 17 years of expertise within the monetary world, specializing in company banking and funding administration, Tosin's profession started auditing mutual and personal fairness funds at PwC in Boston. Now one
As a associate at Breega, one of many quickest rising enterprise capital funds in Europe and Africa, she helps founders in fixing vital financial and social challenges. Her wealth of information, stable experience and keenness for the ecosystem will contribute to Flutterwave's unparalleled function as an enabler for tech startups throughout Nigeria.
Welcoming the brand new Chairman, Flutterwave Non-Govt Director, CEO and Founder, Olugbenga Agboola, mentioned: “As an organization, we’ve got undergone a number of organizational modifications throughout our development journey, however one factor stays steadfast: our dedication to sustaining the best regulatory and operational requirements to keep up. I’m significantly excited to welcome Dipo Fatokun and Tosin
Faniro-Dada to Flutterwave. Their mixed expertise and experience will probably be invaluable as we proceed to help the creation of a well-regulated ecosystem and enabling atmosphere for expertise corporations.”
Commenting on the appointment, Fatokun mentioned: “I’m happy to have been appointed as the brand new Chairman of Flutterwave Applied sciences Options Restricted. The corporate performs an important function within the fintech ecosystem throughout Africa. I sit up for supporting the corporate's objective of being a mannequin fintech firm that drives fee improvements whereas sustaining the best regulatory and compliance requirements.”
Fatokun has served as a member and chairman of greater than 5 boards over the previous ten years. He presently chairs the Board Audit and Governance Committee of United Capital Plc. As well as, he’s a managing director at Jasfolim Consulting and contributes to the transformation of the Nigerian funds system by way of consultancy companies for private and non-private corporations.
“I’m happy to affix the Flutterwave Applied sciences Answer Ltd group as a member of the Board of Administrators,” says Tosin Faniro-Dada. “The corporate's dedication to innovation and its dedication to remodeling the monetary panorama align completely with my very own ardour for driving constructive change in Africa. I sit up for contributing to the corporate's strategic initiatives and enjoying a task in shaping its future success, she added.
This appointment intently aligns with Flutterwave's latest compliance, regulatory and risk-focused hires. In December 2023, the corporate introduced many world-class executives, together with Amanda Ortega, a former supervisor on the State of Wyoming's Division of Banking, as Head of Compliance, US.
B Flutterwave will maximize Fatokun's management and wealth of expertise on the board, along with the experience of the latest hires, to strengthen the tradition of transparency, integrity and accountability.