When Sitoyo Lopokoiyit left M-PESA Africa, the massive query was easy: the place subsequent? Now now we have the reply.
Absa Group has appointed Lopokoiyit as Chief Govt: Private and Personal Banking, efficient 1 April 2026. Lopokoiyit most just lately served as Managing Director of M-PESA Africa and Chief Monetary Companies Officer at Safaricom.
Over greater than 12 years in fintech, he helped form M-PESA into Africa’s most dominant cell cash platform, serving over 56 million prospects and greater than 5 million companies.
He was instrumental in scaling the M-PESA Tremendous App, driving Fuliza’s growth, increasing partnerships with world platforms like PayPal and Alipay and supporting continental progress below the Safaricom–Vodacom three way partnership construction.
Earlier than main M-PESA Africa, Lopokoiyit held roles together with Head of M-PESA Technique and Enterprise Growth and oversaw operations in Tanzania.
His induction into the 11:FS Corridor of Fame additional cemented his popularity as one of many continent’s most influential fintech leaders.
Absa’s Private and Personal Banking division is the place retail prospects, SMEs, and prosperous shoppers sit.
Bringing in somebody who scaled Africa’s largest fintech suggests Absa isn’t just tweaking digital technique — it’s accelerating it.
Whereas Lopokoiyit’s appointment headlines the modifications, Absa additionally introduced governance-focused management shifts:
Prabashni Naidoo strikes right into a newly expanded position as Group Chief Governance Officer.
Rushdi Solomons turns into Group Chief Inside Audit Officer.
Fatima Newman is appointed Chief Compliance Officer.
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Additionally Learn: M-PESA at 18: Sitoyo Lopokoiyit on the Innovation That Redefined Cash
