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By Phyllis MUCHOKI
Payments technology firm, Flutterwave has appointed Marshall Lux, former JP Morgan Chase Chief Risk Officer of all consumer products, BCG and McKinsey Senior Partner, as Senior Advisor.
He has extensive experience in model building, stress testing, portfolio management and optimization, line setting and increases, fraud, regulation, cyber, operations risk, and the like.
Marshall brings a breadth of experience from over 30 years in financial services. At McKinsey, he served financial service clients across a variety of subsectors and led the firm’s Risk, Technology and Private Equity practices.
After McKinsey, he served as Chief Risk Officer for all consumer products globally at JP Morgan Chase including mortgages, credit cards, student loans, auto loans and small business loans. He also helped build McKinsey’s Risk Management Practice.
Marshall was a Senior Partner at the Boston Consulting Group (BCG) where he is currently an active Senior Advisor. He has worked on risk improvement programs for leading banks in the US and globally. He often sits or chairs the Risk Committees of Boards he sits on.
Marshall will advise across Flutterwave’s businesses, with an emphasis on global risk management, compliance and security-related areas. .