Flutterwave don announce say dem dey plan leadership transition inside dia executive team. Morounke Olufemi, wey be current CFO for Europe, Middle East, and Africa (EMEA), dey step into global CFO role. She don work closely with Mitesh Popat, wey step down as global CFO to co-found a new venture.
Di company tok say di transition stand for strategic continuity, organizational maturity, and strong commitment to Flutterwave continued sustainable growth. Morounke carry over 24 years of multinational, finance, strategy, and banking experience. Before she join Flutterwave, she serve as Group Chief Financial Officer at Access Holdings Plc, one of Africa biggest financial services corporations.
Her time at Access Holdings get landmark strategic achievements. Dem include raising $300 million in Additional Tier 1 capital in 2023, completing major rights issuance program for bank recapitalization in 2024 to meet CBN requirements, and leading complex M&A transactions wey create second-largest Pension Fund Administrator in Nigerian pensions industry.
Her appointment come as Flutterwave dey strengthen disciplined financial foundation wey dem build over recent years. Dat foundation include late-stage funding rounds and strategic investments like acquisition of open-banking firm Mono. Mitesh decision to co-found a media company reflect Flutterwave entrepreneurial DNA. E add to growing network of ex-Wavers wey don launch dia own ventures across cross-border payments, technology, and consulting.
Olugbenga “GB” Agboola, Flutterwave Founder and CEO, tok say Morounke extensive background and experience in banking, corporate finance, and complex M&A go dey critical as Flutterwave continues scaling operations and expanding financial services. Since she join Flutterwave in June 2025 as CFO covering more than 30 countries across EMEA, she don be integral part of executive leadership team. She work hand-in-hand with Mitesh to execute company financial strategy.
Flutterwave also appoint Morounke Olufemi as new Global Chief Financial Officer, replacing Mitesh Popat, wey dey step down after two years in di role. Popat join Flutterwave as CFO in 2024 after previously serving as Citi CFO for Middle East and Africa. For LinkedIn post, Flutterwave CEO Olugbenga “GB” Agboola tok say Popat help build “disciplined financial foundation” for di company and set am up for long-term profitability.
Popat dey leave day-to-day CFO role to pursue entrepreneurial interests as co-founder of Next Communications, company wey focus on turning telecom infrastructure into digital capabilities for brands. He go remain involved with Flutterwave as strategic adviser. Morounke, wey previously work closely with Popat as Flutterwave CFO for Europe, Middle East, and Africa (EMEA), go now take over global finance function. She join Flutterwave in 2025 after serving as Group CFO at Access Holdings, where she oversee group with businesses spanning banking, payments, consumer lending, asset management, and insurance.
She get about 24 years experience across financial services, including roles in payments, investment banking, retail and corporate banking, insurance, and asset management. Her career begin at Lehman Brothers Investment Bank Europe. Before she join Flutterwave, Morounke also hold finance leadership roles at AXA XL and Old Mutual. She hold MBA in Finance from Durham University Business School and na Fellow of Association of Chartered Certified Accountants. Di leadership change come as Flutterwave continues to position itself for growth across payments business.
