Hetzel joins Luno from Mama Money, a South Africa-based money transfer fintech company, where he served as the head of compliance for their global operations.
Hetzel has deep leadership experience in compliance within the financial services industry from his tenures at Barclays Africa and TymeBank ,the country’s first fully digital bank.
He also acted as the registered money laundering control officer with the South African Reserve Bank and Financial Intelligence Centre (FIC).
Hetzel holds an honours degree in Forensic Accounting and is also a board member of the Association of Certified Anti-Money Laundering Specialists (ACAMS) South African Chapter, where he holds the position of co-programme director.
Hetzel’s immediate focus will be to build on Luno’s high compliance standards as one of the world’s most regulated crypto asset service providers. He will also be actively involved in Nigeria and South Africa’s development of regulatory frameworks and the associated licensing applications.
Luno has a presence in South Africa, Nigeria and Uganda where the crypto investment app is already a trusted guide, listing only currencies that are worth considering as a long-term investment.