DPO Group (DPO) co-founder and CEO Eran Feinstein has announced his retirement from the company.
His retirement comes just nine months after he successfully managed DPO’s sale to Network International, a globally renowned enabler of digital commerce across the Middle East and Africa.
According to a statement from the company, one of Feinstein’s lasting legacies is to have built a company that nurtures African talent, with a focus on recruiting locally and promoting from within that pool.
“I am proud to have played my part in developing the next wave of African tech talent. It has been an incredible journey, from the two-man start-up in 2006 to the leading digital payments success story DPO is today. Having helped build the team that leads the company now, I know I couldn’t be leaving it in better hands.” Feinstein said.
Nandan Mer, Group Chief Executive Officer, Network International, added “It has been a pleasure to work with Eran since we acquired DPO last year. The company was a strong strategic fit with our business. The cutting-edge products and services he helped create at DPO will go on to support the needs of local merchants and multinationals alike, across the Middle East and Africa.”