Flutterwave has appointed Emmanuel Efenure, Mastercard’s former Director of Buyer Engagement and Efficiency, as its Head of Danger for Africa.
On this function, he’ll oversee the continued growth and execution of Flutterwave’s danger, safety and scheme compliance technique for Africa together with the supply of wholesome progress of Flutterwave enterprise and ecosystem in a altering danger panorama like Africa.
He would be the main level of contact for all risk-related initiatives, processes and operations and lead the chance administration efforts for Flutterwave in Africa. Emmanuel brings over 22 years of Banking and Danger administration expertise to bear in his new function at Flutterwave.
A Chartered Accountant and graduate of Accounting from the College of Benin, Emmanuel has expertise in danger and enterprise operations having held related positions at United Financial institution for Africa, Commonplace Chartered Financial institution and Mastercard.
At Mastercard, he developed and executed Mastercard’s security and safety technique for Sub-Saharan Africa, supplied strategic steerage on danger & compliance issues to the enterprise, key companions and Mastercard prospects in sub-Saharan Africa.
The Danger Group is a brand new unit carved out of the Flutterwave Compliance Workforce to allow sooner growth and implementation of Danger initiatives. Emmanuel joins Flutterwave to guide this Group for Africa.
This appointment follows Flutterwave’s latest senior administration hires, together with Gurbhej Dhillon, former Goldman Sachs Managing Director, as CTO; Oneal Bhambani, former Vice President of American Specific, as CFO; and Mansi Babyloni, former Senior Supervisor at EY and PwC, as CPO. Collectively these hires characterize a significant stepping-stone within the progress of Flutterwave because it gears up and prepares for its subsequent step on its journey in the direction of IPO.
Commenting on the information, Olugbenga GB Agboola, CEO and Founding father of Flutterwave mentioned, “The size of our enterprise and the pace of our progress signifies that we should be extraordinarily cautious about these we let on our platform. Emmanuel comes with over 22 years of danger and compliance to enhance our processes and guarantee we maintain the dangerous actors away. Emmanuel shouldn’t be solely an professional within the discipline, he additionally understands the chance panorama within the trade and the continent. We’re excited that he has joined us and stay up for all the good processes and techniques he’ll carry to Flutterwave to enhance our danger profile.”
Emmanuel Efenure mentioned, “I’m thrilled to hitch Africa’s main funds know-how firm to enhance the chance processes for Flutterwave Africa operations. What we do is essential to maintain prospects, companions, firm and the cost ecosystem protected. It excites me to work with this group of gifted individuals constructing options for companies in Africa and connecting them to the worldwide funds system. I can’t wait to get began.”