Flutterwave has appointed Morounke Olufemi, its Chief Financial Officer for Europe, the Middle East and Africa (EMEA), as its new Global Chief Financial Officer, effective as part of a leadership transition announced on September 22, 2026.
Olufemi succeeds Mitesh Popat, who is stepping down as Global CFO to co-found a new venture. She joined Flutterwave in June 2025 and has overseen the company’s financial operations across more than 30 countries in the EMEA region.
Before joining Flutterwave, Olufemi served as Group Chief Financial Officer of Access Holdings Plc, where she was involved in several major capital and corporate transactions.
During her tenure at Access Holdings, she was involved in the group’s US$300 million Additional Tier 1 capital raise in 2023, its 2024 rights issue programme undertaken as part of the recapitalisation of Access Bank, and M&A transactions that contributed to the creation of the second-largest pension fund administrator in Nigeria.
Olufemi brings more than 24 years of experience across finance, strategy and banking, with experience spanning multinational financial institutions, corporate finance and M&A. At Flutterwave, she will take responsibility for the company’s global finance function as the payments company continues to expand its operations and financial infrastructure across markets.
Commenting on the appointment, Flutterwave Founder and CEO Olugbenga Agboola said Olufemi had demonstrated the financial leadership required for the company’s next phase of growth, having worked closely with Popat over the past year.
Olufemi said she would focus on capital discipline, margin growth and sustainable profitability, while expanding financial leaders’ access to working capital, multi-currency liquidity and stablecoin settlement.
The transition also marks a continuation of Flutterwave’s internal succession strategy, with Olufemi moving from her regional CFO role into the company’s top finance position after just over a year with the business.
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