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Absa Poaches Safaricom’s M-PESA MD as Personal and Private Banking CEO

Absa Bank Appoints Former Safaricom M-PESA MD as CEO of Personal and Private Banking

Michael Owino February 11, 2026

Absa Bank has announced the appointment of outgoing Safaricom M-PESA Africa Managing Director Sitoyo Lopokoiyi as its Chief Executive Officer for Personal and Private Banking. In a notice dated Wednesday, February 11, 2026, the bank stated that his appointment will take effect on April 1, 2026. “Absa announces the appointment of Sitoyo Lopokoiyi as Chief

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