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Meet Peter O’Toole, the Acting Group CEO at Cellulant

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The current CFO, Peter O’Toole, has been appointed the acting Group CEO at Cellulant and will oversee the organisation’s operations as Acting CEO as the firm strengthens its leadership team further with a number of seasoned senior leaders with international and pan-African experience in the payment space. 

Peter is the Acting Group CEO at Cellulant and is responsible for driving the strategic direction and expansion of the business. He joined Cellulant in June 2023 as Group CFO, tasked with driving the company’s financial success, overseeing strategic financial operations and driving operational efficiency.

He is taking over from Akshay Grover who has stepped down from Cellulant to pursue personal interests outside the organization. Grover joined Cellulant in January 2021 as the Chief Financial Officer and was later appointed as the Group CEO in October 2021. He has been at the forefront of transforming Cellulant into a merchant-centered payments business and has seen the firm’s expansion to 18+ countries in Africa. Under his leadership, Cellulant has consolidated its product offering into a single platform that allows businesses to collect and make payments seamless across Africa. 

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Peter O’Toole is an accomplished CFO and COO with over 30 years of experience in banking, finance, payments, and technology across Europe, the Middle East, and Africa. Demonstrating a remarkable track record, he has achieved outstanding financial and business performance across diverse organisations, ranging from start-ups and SMEs to divisions and regions of large global entities. His expertise includes managing teams of varying sizes and overseeing all aspects of strategy, finance, and operations, leading organizational transformations comprehensively.

He has spent the last 13 years living and working in Africa, where he has held a number of high-level positions, including Group CFO at Interswitch, CFO at Renmoney, COO at MBU Education Group, and Head of Finance and Market Expansion at Umba. He also has extensive experience working in the United Kingdom and Ireland. He has served as the CFO at Dun & Bradstreet and held various regional CFO roles at First Data Corporation (now Fiserv), a major global payments company. He was also a Finance & Operations Director at Barclays Bank in Ireland.

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James Musoba
James Musoba
Studying Africa's startup and technology scene. I always look forward to discovering new exciting inventions and vibrant entrepreneurs.

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