Dipo Fatokun Assumes Board Chairmanship

Flutterwave, Africa's leading fintech startup, has announced the appointment of Dipo Fatokun, a former director of the Central Bank of Nigeria (CBN), as its new chairman of the board. This strategic move underscores Flutterwave's commitment to upholding the highest standards of regulation, compliance, and governance.

Dipo Fatokun's Impressive Track Record

Dipo Fatokun brings a wealth of experience to his new role, having served on numerous boards and chaired them over the past decade. Notably, he currently chairs the audit and governance board at United Capital. During his tenure at the CBN, Fatokun spearheaded transformative initiatives such as the Cashless Nigeria Initiative, the Bank Verification Number (BVN) project, and the Treasury Single Account (TSA) for the Federal Government.

Tosin Faniro-Dada Joins as Director

In a further move to fortify its board, Flutterwave has appointed Tosin Faniro-Dada as an independent non-executive director. Faniro-Dada, a partner at Breega, a venture capital fund investing in early-stage companies in Europe and Africa, brings invaluable expertise to the table.

Unwavering Commitment to Excellence

Despite organizational changes, Flutterwave's CEO and Founder, Olugbenga Agboola, reaffirmed the company's unwavering commitment to maintaining the highest standards of regulation and operation. This steadfast dedication underscores Flutterwave's determination to lead the fintech industry with integrity and excellence.

Recent Expansion and Strategic Moves

This announcement follows Flutterwave's recent appointments of five new executives in its risk, compliance, and expansion departments, reflecting the company's continuous efforts to strengthen its operational framework. Additionally, the inclusion of renowned Nigerian architect Olajumoke Adenowo to its board underscores Flutterwave's strategic focus on international expansion.

Enthusiastic Support for Future Innovations

Expressing his enthusiasm for Flutterwave's vision, Dipo Fatokun emphasized his commitment to supporting the company in advancing payment innovations while maintaining rigorous standards of regulation and compliance. He highlighted Flutterwave's pivotal role in shaping Africa's fintech landscape and expressed confidence in the company's potential to serve as a model fintech entity.