Flutterwave Appoints Dipo Fatokun As Chairman

Flutterwave has appointed Dipo Fatokun, former director of the Central Bank of Nigeria, as the new chairman of Flutterwave Technologies Solutions Limited.

Fatokun brings on board a comprehensive regulatory understanding and supervisory experience to solidify Flutterwave’s dedication to upholding the highest regulatory, compliance, and governance standards. He has over 30 years of experience covering multiple competencies in banking services, finance, strategy, advisory, leadership, and management in both the public and private sectors.

During his time as the director of the Central Bank of Nigeria, Fatokun oversaw key initiatives such as the Cashless Nigeria Initiative , the Bank Verification Number project, and the Treasury Single Account (TSA) for the Federal Government and automating the foreign currency payments for the Central Bank’s internal and external customers.

Also joining the board is Tosin Faniro-Dada, a distinguished ecosystem builder and investor empowering tech founders across Africa, as an Independent Non-Executive Director. She brings more than 17 years of experience in finance, specializing in corporate banking and investment management.

Welcoming the new board chair, and the non-executive director, Olugbenga “GB” Agboola, CEO and Founder of Flutterwave, said that the company has gone through different organizational changes in its growth journey and these appointments will keep the company growing steadfast.

“As a company, we’ve gone through different organizational changes in our growth journey, but one thing remains steadfast – our commitment to maintaining the highest regulatory and operational standards. I am particularly excited to welcome Dipo Fatokun and Tosin Faniro-Dada to Flutterwave. Their combined experience and expertise will be invaluable as we continue supporting the creation of a well-regulated ecosystem and conducive environment for tech companies to thrive,” the Flutterwave CEO said.

Mr Fatokun has been a member and chairman on more than 5 boards in the last decade. Presently, he chairs the Board Audit and Governance Committee of United Capital Plc. Additionally, he serves as the managing partner at Jasfolim Consulting, contributing to transforming Nigeria’s payment system via advisory services for public and private companies.

Commenting on the appointment, Dipo Fatokun said he is pleased to join Flutterwave and looks forward to being part of the company’s growth journey.

“I am pleased to be appointed as the new Chairman of Flutterwave Technologies Solutions Limited. The company plays a vital role in the fintech ecosystem across Africa. I’m looking forward to supporting the company’s goal of being a model fintech company that advances payment innovations while upholding the highest regulatory and compliance standards,” Fatokun commented.