Flutterwave names ex-CBN director Dipo Fatokun as new board chair

Flutterwave, an African paytech unicorn, has appointed Dipo Fatokun, a former director at the Central Bank of Nigeria (CBN), as its new board chair.
Founded in 2016, Flutterwave operates across 33 countries in Africa, offering payments infrastructure to banks and businesses for services like online checkout and cross-border transactions.
Fatokun brings over 30 years of experience in banking services, finance, strategy, and advisory roles, including oversight of payment-focused projects like the Cashless Nigeria Initiative and the Bank Verification Number project during his tenure at CBN.
Currently, Fatokun chairs the Board Audit and Governance Committee of United Capital and serves as managing director at Jasfolim Consulting, specializing in payment system advisory services in Nigeria.
Flutterwave aims to benefit from Fatokun’s expertise to promote best practices as it progresses on its growth journey, reinforcing a culture of transparency, integrity, and accountability.
This appointment follows Flutterwave’s strategic hires in December, including Amaresh Mohan as chief risk officer, Stephen Cheng as executive vice president of global expansion and payment partnerships, and Amanda Ortega as head of US compliance, indicating its focus on compliance, regulatory adherence, and risk management.