Flutterwave appoints ex-CBN Director Fatokun as Board Chair, Faniro-Dada as Non-Executive Director

Flutterwave, Africa’s leading funds technology company, has launched the appointment of Dipo Fatokun because the new Chairman of Flutterwave Applied sciences Solutions Restricted. He brings a complete regulatory knowing and supervisory abilities to solidify Flutterwave’s dedication to upholding the absolute best regulatory, compliance, and governance standards.

Mr Fatokun’s over 30 years of abilities covers a couple of competencies in banking products and services, finance, procedure, advisory, leadership, and administration in every the personal and non-personal sectors.

As a Director at CBN, he oversaw key initiatives such because the Cashless Nigeria Initiative, the Financial institution Verification Quantity mission, and the Treasury Single Yarn (TSA) for the Federal Executive and automating the international currencies funds for the Central Financial institution’s interior and external customers. His abilities will improve Flutterwave’s commitment to the ecosystem’s most efficient practices because the corporate strikes forward on its next order chase.

Additionally joining the board is Tosin Faniro-Dada, a distinguished ecosystem builder and investor empowering tech founders across Africa, as an Neutral Non-Executive Director. With more than 17 years of abilities in finance, specializing in corporate banking and investment administration, Tosin’s profession began with auditing mutual and personal equity funds at PwC in Boston.

Now a Accomplice at Breega, one amongst the fastest-rising early-stage VC funds in Europe and Africa, she helps founders in fixing indispensable economic and social challenges. Her wealth of knowledge, salvage abilities, and fervour for the ecosystem will contribute to Flutterwave’s unmatched role as an enabler for tech startups across Nigeria.

Welcoming the new board chair, and the non-executive director, Olugbenga “GB” Agboola, CEO and Founding father of Flutterwave, said: “As a company, we’ve long past thru varied organizational modifications in our order chase, nonetheless one element remains steadfast – our commitment to affirming the absolute best regulatory and operational standards.

“I am particularly excited to welcome Dipo Fatokun and Tosin Faniro-Dada to Flutterwave. Their combined abilities and abilities will seemingly be actually helpful as we continue supporting the appearance of a smartly-regulated ecosystem and conducive ambiance for tech companies to thrive.”

Fatokun said: “I am chuffed to be appointed because the new Chairman of Flutterwave Applied sciences Solutions Restricted. The corporate performs a truly noteworthy role in the fintech ecosystem across Africa. I’m expecting supporting the corporate’s purpose of being a mannequin fintech company that advances price enhancements whereas upholding the absolute best regulatory and compliance standards.”

Mr Fatokun has been a member and chairman on more than 5 boards in the final decade. At the moment, he chairs the Board Audit and Governance Committee of United Capital Plc. Additionally, he serves because the managing director at Jasfolim Consulting, contributing to remodeling Nigeria’s price system by activity of advisory products and services for personal and non-personal companies.

“I am thrilled to affix the group of workers at Flutterwave Applied sciences Resolution Ltd as a member of the Board of Directors,” said Faniro-Dada. “The corporate’s commitment to innovation and its dedication to remodeling the financial panorama aligns completely with my relish passion for riding sure commerce in Africa. I reside up for contributing to the corporate’s strategic initiatives and playing a job in shaping its future success,” she added.

This appointment follows Flutterwave’s fresh compliance, regulatory, and likelihood-focused hires. In December 2023, the corporate launched many world-class executives, including Amanda Ortega, a dilapidated regulator with the Order of Wyoming’s Division of Banking, as Head of Compliance, US.

Flutterwave will maximize Mr Fatokun’s board leadership and wealth of abilities, alongside the abilities of these fresh hires, to enhance its custom of transparency, integrity, and accountability.