Cellulant Board of Directors made the announcement on Monday confirming Grover who has been serving in an acting capacity since April 2021 the new head of the pan-African payment firm.
He replaces Ken Njoroge who announced hits exit from the firm in January this year.
“We are delighted to appoint an executive of Akshay’s calibre and experience to the role. Akshay brings extensive and diverse industry experience in technology and finance. During the time that Akshay has served as Acting CEO, the board has been impressed with his commitment to openness, attention to detail and an unrelenting focus on the future of the business. Akshay has demonstrated he possesses the skills, attitude and vision to lead the management team to deliver on Cellulant’s future and mission,” said Cellulant Board Chairman, Dr Sam Kiruthu.
Akshay has committed to grow the firm into a prolific and most innovative payment solution in Africa.
“Cellulant is well placed to lead and transform the payments landscape in Africa. Our deep connectivity with over 120 banks and 40 mobile operators in the continent enables us to have an unparalleled network on the African continent. We are reducing the amount of friction around payments and, by doing so, creating a seamless way for businesses to collect and make payments. Our integrated payments platform caters to both offline and online solutions that power success for businesses of all sizes while delivering a superior user experience for the end customer,” he said.
Akshay has more than 20 years of work experience in the Technology, Media and Communication Sector across emerging markets.
He previously worked with KPMG and EY.
Prior to joining Cellulant as Group Chief Financial Officer in January 2021, Akshay was the Chief Investment Officer at iSON, a diversified technology group with a presence in 30+ countries in the Middle East, Africa and the Asia Pacific region.