Luno, the crypto funding app with over 10 million prospects throughout 40 international locations, has appointed Johan Hetzel as its head of compliance for Africa.
Hetzel joins Luno from Mama Cash, a South Africa-based cash switch fintech firm, the place he served as the pinnacle of compliance for his or her international operations.
Hetzel has deep management expertise in compliance inside the monetary companies business from his tenures at Barclays Africa and TymeBank ,the nation’s first totally digital financial institution.
He additionally acted because the registered cash laundering management officer with the South African Reserve Financial institution and Monetary Intelligence Centre (FIC).
Hetzel holds an honours diploma in Forensic Accounting and can also be a board member of the Affiliation of Licensed Anti-Cash Laundering Specialists (ACAMS) South African Chapter, the place he holds the place of co-programme director.
Hetzel’s quick focus will probably be to construct on Luno’s excessive compliance requirements as one of many world’s most regulated crypto asset service suppliers. He can even be actively concerned in Nigeria and South Africa’s improvement of regulatory frameworks and the related licensing functions.
Luno has a presence in South Africa, Nigeria and Uganda the place the crypto funding app is already a trusted information, itemizing solely currencies which can be value contemplating as a long-term funding.