Qore names Michael Hoodfar COO to lead global expansion

In his new role, Hoodfar will focus on streamlining Qore’s operations, refining the company’s product suite, and scaling its delivery capabilities to support expansion across Africa and beyond.

Qore Technologies Group, a leading provider of fintech infrastructure and Banking-as-a-Service (BaaS) solutions, has announced the appointment of Michael Hoodfar as its new Chief Operating Officer. Known for his deep expertise in financial technology and large-scale organizational transformation, Hoodfar joins Qore at a critical juncture in the company’s journey toward accelerated global growth.

Bringing close to 20 years of experience across banking, consulting, and SaaS, Hoodfar’s career includes strategic leadership roles at global firms such as Thought Machine, Deutsche Bank, Accenture, Deloitte, and PwC. At Thought Machine, he was instrumental in shaping the product organization from the ground up, contributing to exponential customer growth and helping secure multiple Tier 1 banking partnerships. Earlier, during his time at Deutsche Bank, he oversaw transformative programs that reshaped risk management, modernized operational reporting, and rebuilt key systems across both front- and back-office operations.

In his new role, Hoodfar will focus on streamlining Qore’s operations, refining the company’s product suite, and scaling its delivery capabilities to support expansion across Africa and beyond. His appointment comes as Qore aims to multiply its revenue by 16 times over the next four years, a goal that demands both deep operational expertise and visionary leadership.

“I’m honored to be joining Qore at such a transformative moment,” said Hoodfar. “The company’s ambition to deliver next-generation banking infrastructure is aligned with the urgent needs of financial institutions across emerging markets. My focus will be on enabling our teams, advancing our technology roadmap, and helping Qore meet its bold growth objectives while delivering consistent value to our partners and customers.”

Qore CEO Emeka Emetarom welcomed the appointment, noting that it aligns perfectly with the company’s aggressive growth strategy. “Michael’s arrival marks an inflection point for Qore. As we pursue year-over-year revenue doubling for the next four years, his operational insight and product leadership will be central to scaling our platform, entering new markets, and reinforcing our leadership in the fintech infrastructure space across Africa, and eventually, the world.”

Hoodfar’s addition to the executive team signals Qore’s commitment to executing its expansion plan with discipline, innovation, and a relentless focus on customer value. As demand grows for modular, cloud-native banking infrastructure, Qore is positioning itself as the trusted backbone for financial services across emerging economies.