Solar power kit provider M-Kopa has appointed former Nokia Chief Executive Officer (CEO) Rajeev Suri as the new board chair, effective December 1, 2024.

Suri currently serves as the Chairman of Digicel and board director at Singtel.

 According to M-KOPA CEO Jesse Moore, Suri will provide critical oversight, strategic insights, and guidance to the M-Kopa leadership team.

“M-Kopa hopes Suri’s executive and board-level expertise will help the fintech innovate and expand worldwide.”

“We are thrilled to welcome Rajeev to the board as we enter this next phase of growth for the business,” he added.

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M-Kopa provides underbanked individuals with financing solutions, including smartphones, and an ongoing financial relationship through its AI credit analytics and smartphone app.

Speaking on his appointment, Suri stated that M-KOPA represents one of the most exciting fintech propositions in Africa and globally.

“Their use of leading-edge technologies and AI to solve the critical challenge of digital and financial inclusion is compelling and has the potential to change the way we think about consumers in emerging markets. I am excited to join this team and look forward to driving impactful solutions together,” Suri stated.