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Flutterwave Reshapes Leadership, Signaling New Era for African FinTech

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Flutterwave Fortifies Leadership with Strategic Appointments in Risk and Compliance

Flutterwave, Africa’s leading payments technology company, has announced a significant restructuring of its leadership team, specifically within its risk management, compliance, regulatory, and legal departments. This strategic reorganization underscores the company’s unwavering commitment to upholding global operational standards, fostering robust corporate governance, and ensuring sustainable growth in its expanding global footprint. This move positions Flutterwave to navigate the complexities of the international financial landscape with greater agility and integrity, reinforcing its ambition as a prominent player in the global fintech ecosystem.

Prashant Kalia Steps in as Chief Risk and Compliance Officer

A cornerstone of these leadership enhancements is the appointment of Prashant Kalia as the new Chief Risk and Compliance Officer. Kalia brings an impressive career spanning over two decades, marked by extensive risk and compliance leadership experience across some of the world’s most innovative and established financial technology firms. His distinguished professional journey commenced at McKinsey after completing his MBA from Columbia University, where he provided strategic advice to technology companies. Following this, Kalia dedicated over a decade to American Express, where he initially served as Director of Information Management before ascending to the critical role of Chief Credit Officer for Corporate Payment Services across both Europe and Asia, a position he held until 2016. His expertise was further honed through leadership stints in risk and compliance at major technology players like Amazon, Stripe, and Circle, prior to joining Flutterwave over a year ago. Speaking on his new role, Prashant Kalia expressed his enthusiasm, stating, “I am excited to step into this role as Chief Risk and Compliance Officer at Flutterwave.”

These strategic leadership changes reflect Flutterwave’s proactive approach to strengthening its operational resilience and regulatory adherence. By bringing in a seasoned expert like Prashant Kalia, Flutterwave is not only reinforcing its internal controls but also sending a clear message about its dedication to building a globally trusted financial infrastructure. This commitment is vital for the company’s continued expansion and its mission to power a new era of digital payments across Africa and around the world.

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