EXPLORINEER
en

Archive — US — techcrunch

Kuda and CEO face allegations of sex discrimination and unfair dismissal fromformer executive, per filing

Kuda Technologies and CEO Babatunde Ogundeyi face allegations of sex discrimination and unfair dismissal from Rosemary Hewat, the former Group CPO. Hewat claims Kuda created a hostile work environment, undermined her role, and retaliated against her after she raised concerns. The case raises issues of workplace culture and accountability in Africa's tech sector, with a hearing scheduled for October.

Key points

  • Rosemary Hewat, former CPO of Kuda, alleges sex discrimination, victimization, and wrongful dismissal stimulating her departure in April 2024.
  • Hewat claims she witnessed discriminatory practices that contradicted Kuda's DEI policy, fostering a toxic and intimidating work environment.
  • She alleges CEO Ogundeyi publicly belittled female employees and excluded her from strategic discussions, demonstrating misogyny in leadership.
  • The complaint includes a dispute over employee stock options (ESOP), where Hewat claims unfair treatment compared to her male colleagues.
  • Kuda's abrupt dismissal of Hewat in February 2024 is argued to be retaliation for her complaints about discrimination and workplace conditions.
  • The case could impact Kuda's reputation and its ability to attract talent as it undergoes scrutiny by investors and the broader tech ecosystem in Africa.

Why it matters

  • The allegations against Kuda arise in a broader context of scrutiny on workplace culture in Africa's tech industry, notably following issues raised at Flutterwave in 2022.
  • Current trends highlight a growing demand for equitable workplaces in tech, with increased investor pressure for compliance with diversity and governance standards.
  • As remote work and digital banking expand, companies like Kuda will be watched closely regarding employee treatment and corporate governance.

The allegations against Kuda and Ogundeyi are serious and could herald significant changes in workplace practices within African tech. As the legal proceedings unfold, the focus will be on Kuda's handling of the case and its implications for gender equality and corporate accountability in the sector.