Flutterwave, Africa’s leading payments technology company, has appointed Mitesh Popat as the company’s Chief Financial Officer (CFO).
With 20 years of experience in global financial services across North America, Europe, the Middle East, and Africa, Mitesh will play a key role in driving Flutterwave‘s future growth and financial stability.
Mitesh Popat has served in executive positions at Citi, including as the Chief Financial Officer for the Middle East and Africa, where he supervised finance operations across 29 countries, and as the CFO for Global Equities Sales and Trading, providing financial leadership for a $5 billion revenue business.
During his tenure as Citi’s CFO for the Middle East and Africa, Mitesh collaborated with the regional and division CEO on strategic direction, performance management, and balance sheet optimisation while effectively communicating the business’s financial narrative to internal and external stakeholders.
In his new capacity, Mitesh will supervise Flutterwave’s corporate finance functions to bolster the company’s growth strategies. He will use his expertise in managing the finance and operation functions of a complex global enterprise to ensure balanced resource allocation and strategic execution across Flutterwave.
Commenting on his appointment, Mitesh said, “I am excited to have joined the Flutterwave team at this important time in the company’s journey. I have a deep understanding of the operating environment in Africa and complexity of operating an emerging market business.
“I plan to bring my experience in growing Flutterwave while optimising our business model for sustained profitability. I am looking forward to working with the team to enhance Flutterwave’s financial position and drive operational efficiencies through curiosity and innovation.”
Welcoming Mitesh, Olugbenga’ GB’ Agboola, Founder and CEO of Flutterwave, said, “We have an ambitious goal to connect Africa to the world and Mitesh embodies our vision with his experience working extensively within Africa in a global capacity.
“He shares our values of customer obsession and we’re certain that with his impressive track record in financial management, he will contribute to the next phase of our growth. As our new CFO, his work will be adding value to our customers – both enterprise merchants and retail remittance customers, as well as the African fintech ecosystem.”
Flutterwave revealed last year that it had appointed a number of new executives from firms like PayPal, Stripe, and Western Union. These new executives, among them Mitesh, demonstrate the company’s dedication to hiring exceptional individuals, enhancing financial processes, and prioritising risk management techniques such as compliance, minimising losses, and prevention to stimulate growth.