Flutterwave, Africa’s payments technology company in Africa, has appointed Dipo Fatokun as the new Chairman of Flutterwave Technologies Solutions Limited, reinforcing its commitment to the highest regulatory, compliance, and governance standards.
Mr. Fatokun brings over 30 years of extensive experience across various domains including banking services, finance, strategy, advisory, leadership, and management in both public and private sectors. Notably, during his tenure as a Director at CBN, he spearheaded key initiatives such as the Cashless Nigeria Initiative, the Bank Verification Number project, and the Treasury Single Account (TSA) for the Federal Government, along with automating foreign currency payments for the Central Bank’s internal and external customers. His expertise will further strengthen Flutterwave’s adherence to industry best practices as it progresses on its growth trajectory.
Also joining the board is Tosin Faniro-Dada, a distinguished ecosystem builder and investor known for empowering tech founders across Africa, as an Independent Non-Executive Director. With over 17 years of experience in finance, specializing in corporate banking and investment management, Tosin’s career commenced with auditing mutual and private equity funds at PwC in Boston. Now a Partner at Breega, a rapidly growing early-stage VC fund in Europe and Africa, she actively supports founders in addressing significant economic and social challenges. Her wealth of knowledge, solid expertise, and passion for the ecosystem will enhance Flutterwave’s role as a catalyst for tech startups across Nigeria.
Welcoming the new appointments, Olugbenga “GB” Agboola, CEO, and Founder of Flutterwave, emphasized the company’s unwavering commitment to maintaining the highest regulatory and operational standards. He expressed excitement about the invaluable combined experience and expertise that Dipo Fatokun and Tosin Faniro-Dada bring to Flutterwave, highlighting their pivotal role in fostering a well-regulated ecosystem conducive for tech companies to thrive.
Mr. Fatokun, who has served on more than five boards in the last decade, currently chairs the Board Audit and Governance Committee of United Capital Plc and serves as the managing partner at Jasfolim Consulting, where he contributes to transforming Nigeria’s payment system through advisory services for public and private companies.
Commenting on his appointment, Dipo Fatokun expressed his pleasure and commitment to supporting Flutterwave’s goal of being a model fintech company that advances payment innovations while upholding the highest regulatory and compliance standards.
“I am thrilled to join the team at Flutterwave Technologies Solution Ltd as a member of the Board of Directors,” says Tosin Faniro-Dada. “The company’s commitment to innovation and its dedication to transforming the financial landscape aligns perfectly with my own passion for driving positive change in Africa. I look forward to contributing to the company’s strategic initiatives and playing a role in shaping its future success, she added.
This appointment follows Flutterwave’s recent recruitment of top-tier compliance, regulatory, and risk-focused executives, including Amanda Ortega as Head of Compliance, US, further reinforcing its culture of transparency, integrity, and accountability.
