Boku CFO, Keith Butcher, to Become LHV UK's Second INED

Tuesday, 12/04/2022 | 12:28 GMT by Solomon Oladipupo
  • Butcher to join the risk, audit, remuneration and nomination committees.
  • He has been a CFO at Boku, PaySafe Group and DataCash Group.
Keith Butcher to become INED at LHV UK
LHV Group

LHV UK Limited, the United Kingdom division of LHV Group, an Estonian financial group and capital provider, is making plans to onboard Keith Butcher, the Chief Financial Officer of Boku Inc., as a member of its Board of Directors.

Upon his admission to the Board, Butcher becomes the second Independent Non-Executive Director (INED) to join the Group’s UK office.

Butcher had joined Boku Inc. in 2017 as an Independent Non-Executive Director and Chair of the company’s Audit Committee. He emerged CFO of the mobile payments company in 2019.

The experienced financial analyst will also become a member of the risk, audit, remuneration and nomination committees of LHV UK Limited, the company said in a statement.

Speaking about Butcher’s appointment, Madis Toomsalu, Chairman of the Board, said the CFO’s Independent Non-Executive and Chair of audit experience is a welcome addition to the company’s Board.

"We are delighted to appoint Keith to the LHV UK Board. He brings a wealth of industry experience as well as an impressive track record of taking high growth internationally listed businesses to the next level,” Toomsalu said.

The Award-Winning CFO

Butcher, a graduate of Management Sciences from the University of Warwick, has about three decades of experience in the financial industry.

As a CFO, he has held several executive positions in internationally listed high growth e-commerce, fintech and online payments businesses.

In 2014, he won the CFO of the Year Award at Grant Thornton Quoted Company Awards, a ceremony that celebrates the achievements of the UK’s leading small companies.

Butcher joined KPMG in 1993 after graduating with a BSc (Hons) in 1984.

At the audit, tax and advisory services provider, he qualified as a Chartered Accountant and became a member of the Institute of Chartered Accountants.

From 2010 to 2015, Butcher was the CFO at PaySafe Group Plc (formerly Optimal Payments Plc) where he led during the company’s five-year high growth transformation period.

Furthermore, he worked as a Financial Director at DataCash Group PLC, during a six-year growth period before the firm was sold to MasterCard.

LHV UK Limited, the United Kingdom division of LHV Group, an Estonian financial group and capital provider, is making plans to onboard Keith Butcher, the Chief Financial Officer of Boku Inc., as a member of its Board of Directors.

Upon his admission to the Board, Butcher becomes the second Independent Non-Executive Director (INED) to join the Group’s UK office.

Butcher had joined Boku Inc. in 2017 as an Independent Non-Executive Director and Chair of the company’s Audit Committee. He emerged CFO of the mobile payments company in 2019.

The experienced financial analyst will also become a member of the risk, audit, remuneration and nomination committees of LHV UK Limited, the company said in a statement.

Speaking about Butcher’s appointment, Madis Toomsalu, Chairman of the Board, said the CFO’s Independent Non-Executive and Chair of audit experience is a welcome addition to the company’s Board.

"We are delighted to appoint Keith to the LHV UK Board. He brings a wealth of industry experience as well as an impressive track record of taking high growth internationally listed businesses to the next level,” Toomsalu said.

The Award-Winning CFO

Butcher, a graduate of Management Sciences from the University of Warwick, has about three decades of experience in the financial industry.

As a CFO, he has held several executive positions in internationally listed high growth e-commerce, fintech and online payments businesses.

In 2014, he won the CFO of the Year Award at Grant Thornton Quoted Company Awards, a ceremony that celebrates the achievements of the UK’s leading small companies.

Butcher joined KPMG in 1993 after graduating with a BSc (Hons) in 1984.

At the audit, tax and advisory services provider, he qualified as a Chartered Accountant and became a member of the Institute of Chartered Accountants.

From 2010 to 2015, Butcher was the CFO at PaySafe Group Plc (formerly Optimal Payments Plc) where he led during the company’s five-year high growth transformation period.

Furthermore, he worked as a Financial Director at DataCash Group PLC, during a six-year growth period before the firm was sold to MasterCard.

About the Author: Solomon Oladipupo
Solomon Oladipupo
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Solomon Oladipupo is a journalist and editor from Nigeria that covers the tech, FX, fintech and cryptocurrency industries. He is a former assistant editor at AgroNigeria Magazine where he covered the agribusiness industry. Solomon holds a first-class degree in Journalism & Mass Communication from the University of Lagos where he graduated top of his class.

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