Qore Technologies Group, a leading provider of Fintech Infrastructure and Banking-as-a-Service solutions, has announced the appointment of Michael Hoodfar as its new Chief Operating Officer (COO). The move marks a significant step in Qore’s expansion strategy as it seeks to scale across Africa and globally.
Michael Hoodfar brings nearly two decades of experience in financial services and technology transformation, having held key leadership positions at Thought Machine, Deutsche Bank, Accenture, Deloitte, and PwC.
“I’m thrilled to join the Qore group at this pivotal moment,” said Michael Hoodfar. “My priority as COO is to empower our team to elevate Qore’s product suite, optimize our operations, and drive rapid expansion across Africa and beyond. I’m eager to collaborate closely with our talented team to achieve growth that consistently delivers outstanding value for our customers and partners.”
At Thought Machine—a global core digital banking SaaS platform—Hoodfar built the product function from the ground up, driving a tenfold increase in customer base and securing multiple Tier 1 banking clients. At Deutsche Bank, he led strategic initiatives that overhauled risk management frameworks, modernized reporting processes, and transformed mission-critical systems across front-office operations.
The appointment aligns with Qore’s ambitious roadmap to scale aggressively and re-architect its fintech platform.
“We’re delighted to welcome Michael to the Qore Technologies group,” said Emeka Emetarom, Qore’s CEO. “As we double down on our growth trajectory, targeting 100% revenue growth, year-on-year over the next 4 years, Michael’s expertise will be instrumental in driving our platform re-architecture, expansion into new markets, and aggressive growth strategies. With his leadership, we’re confident we’ll achieve a 16x increase in revenue over the next 4 years and cement our position as the leading fintech infrastructure provider in Africa and globally.”
The announcement underscores Qore’s intent to solidify its leadership in Africa’s digital finance sector by leveraging world-class talent and proven strategies to deliver scalable, secure, and future-ready solutions.
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