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Absa Poaches Safaricom’s M-PESA MD as Personal and Private Banking CEO
Business News
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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The Image Shows a Person Using the M-Pesa Mobile Money Transfer Service on a Smartphone. PHOTO/ COURTESY
Uncategorized
Safaricom M-PESA Managing Director Exits After 15 Years
Michael Owino February 11, 2026

Safaricom PLC has announced the departure of its M-PESA Managing Director, Sitoyo Lopokoiyi, after a 15-year tenure with the company. In a statement dated Tuesday, February 10, 2026, the telecommunications giant said Lopokoiyi will leave his role on March 31, 2026, to take up a new position outside Vodacom, Safaricom’s parent company. “I would like

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