Flutterwave Fortifies Its Board of Directors, Appoints EX CBN Director Dipo Fatokun And Tosin Faniro Dada

Flutterwave, Africa’s foremost payments technology company, has fortified its board of directors with the appointment of former CBN Director Dipo Fatokun as the new Chairman of Flutterwave Technologies Solutions Limited.

With his extensive regulatory knowledge and supervisory expertise, Fatokun will reinforce Flutterwave’s commitment to maintaining the highest standards of regulatory compliance and governance.

Bringing over 30 years of experience spanning banking services, finance, strategy, advisory, leadership, and management across public and private sectors, Mr. Fatokun is well-positioned to drive Flutterwave’s growth strategy forward.

During his tenure as a Director at CBN, Mr. Fatokun spearheaded pivotal initiatives such as the Cashless Nigeria Initiative, the Bank Verification Number project, and the implementation of the Treasury Single Account (TSA) for the Federal Government. He also played a crucial role in automating foreign currency payments for the Central Bank’s internal and external customers.

His wealth of expertise is poised to elevate Flutterwave’s adherence to industry best practices as it embarks on its next phase of expansion.

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.

With more than 17 years of experience in finance, specializing in corporate banking and investment management, Tosin’s career started with auditing mutual and private equity funds at PwC in Boston.

Now a Partner at Breega, one of the fastest-growing early-stage VC funds in Europe and Africa, she supports founders in solving significant economic and social challenges.

Her wealth of knowledge, solid expertise, and passion 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 Founder of Flutterwave, said:

“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.”