Joachim Adebayo Adenusi, CEO & co-founder of Peerless, a company that provides IT services to businesses, said the company will be bullish in its next phase of growth in redefining digital capabilities in the financial ecosystem.
Adenusi said that the company’s vision is to give businesses the competitive edge, while creating customer-driven solutions to help businesses scale across the continent.
“Our ambition at Peerless is clear: to be the backbone of Africa’s digital transformation. With our Board fully constituted, we have strengthened the leadership required to push boundaries, not just in Africa, but globally,” he said in a statement.
He expressed confidence that the newly constituted board will create an enduring legacy of innovation, trust, and empowerment for businesses across emerging markets.
According to Adenusi, Peerless is accelerating efforts to scale across the continent and beyond by building on its growing momentum following the anniversary of its flagship SeaBaas platform.
He disclosed that the company currently serves top-tier commercial banks, fintechs, and public sector institutions, and its enterprise pipeline has grown to more than 65 organisations across Africa.
“Peerless continues to solidify its footprint with offices in West Africa, East Africa, and the Middle East; delivering mission-critical infrastructure for financial services, enterprises, and public sector organisations,” Adenusi said.
He added that as Africa’s premier provider of core digital infrastructure, Peerless delivers technology that empowers institutions to move faster, reduce total cost of ownership, and scale with confidence.
The inaugural board of directors to fuel Peerless, Africa’s modern enterprise technology company and the builder of SeaBaas, Mizan, Xplorer CRM, and Kusala, growth across Africa, the Middle East, and other emerging markets was recently constituted.
According to Adenusi, the strategic move emphasises the company’s commitment to governance, visionary leadership, and ongoing expansion into key global markets.
“The newly constituted board brings together highly respected leaders from diverse sectors, each with a proven track record in actuarial science, enterprise risk, corporate law, financial services, marketing, human capital, and technology.
“These industry experts will play a pivotal role in shaping Peerless’ global commercial strategy and scaling its market presence,” he said.
Adenusi, who has been appointed to lead the company’s next phase of growth as CEO & co-founder of Peerless, is a tech entrepreneur and a pioneering strategy, risk, and actuarial professional with over 25 years of international experience across the UK, USA, Middle East, and Africa.
A former Director of the UK Institute of Risk Management and recipient of the UK Risk Manager of the Year award.
Mustapha Azamare Otaru, also a co-founder, will serve in the capacity of executive director. He brings nearly two decades of executive experience spanning telecommunications, banking, and technology.
Having previously led transformative roles at MTN Nigeria and Sterling Bank. Otaru will focus on driving global commercial strategy, revenue growth, and market expansion at Peerless.
Other members of the board include Chinedu Ikwudinma, former Group Chief Risk Officer at Ecobank Transnational Incorporated; Tope Egunjobi, legal practitioner and Managing Partner at Conduit Mews LP; Adedeji Olowe, fintech pioneer, founder of Lendsqr, and chairman of Paystack; and Patricia Jemibewon, a former Coca-Cola and Guinness executive with expertise in organisational transformation and design thinking.


