Africa’s enterprise tech company strengthens governance and market reach
Targets growth across Africa, Middle East, and emerging markets
Peerless, Africa’s modern enterprise technology company and creator of platforms such as SeaBaas, Mizan, Xplorer CRM, and Kusala, has announced the appointment of its inaugural Board of Directors — a major milestone in its global expansion strategy.
The newly constituted Board, the company said in a statement on Friday, brings together distinguished professionals with expertise in actuarial science, corporate law, risk management, finance, marketing, human capital, and technology.
The appointments are expected to reinforce Peerless’ commitment to world-class governance, visionary leadership, and sustainable growth across Africa, the Middle East, and other emerging markets.
Dr. Joachim Adenusi has been named Chief Executive Officer and Co-founder to lead the next phase of the company’s transformation. A recognised expert in risk management and actuarial science with over 25 years of international experience, Adenusi previously served as Director at the UK Institute of Risk Management and was recipient of the UK Risk Manager of the Year Award.
Mustapha Azamare Otaru, also a Co-founder, assumes the role of Executive Director. With close to two decades of leadership experience in telecommunications, banking, and technology, Otaru previously held senior roles at MTN Nigeria and Sterling Bank and will drive Peerless’ commercial strategy, revenue growth, and market expansion.
Other members of the Board include Chinedu Ikwudinma, former Group Chief Risk Officer at Ecobank Transnational; Tope Egunjobi, Managing Partner at Conduit Mews LP; Adedeji Olowe, fintech pioneer and Chairman of Paystack; and Patricia Jemibewon, former Coca-Cola and Guinness executive known for business transformation and design thinking.
Speaking on the development, Adenusi said the company is positioned to redefine digital capabilities within Africa’s financial ecosystem and beyond.
“Our ambition at Peerless is clear — to be the backbone of Africa’s digital transformation. With our Board fully constituted, we now have the leadership strength to push boundaries globally and build a legacy of innovation and trust,” he said.
Following the first anniversary of its flagship SeaBaas platform, Peerless is accelerating efforts to scale operations across the continent and emerging markets.
The company currently serves leading commercial banks, fintechs, and public sector organisations, with an enterprise pipeline exceeding 65 institutions across Africa.
With operational offices in West Africa, East Africa, and the Middle East, Peerless provides mission-critical digital infrastructure that enables enterprises to move faster, reduce costs, and scale with confidence.
According to the company, its vision is to give businesses a competitive edge to be truly peerless, while its mission focuses on delivering customer-driven solutions that ensure lasting success.
