M-PESA Africa's Managing Director, Sitoyo Lopokoiyit, is set to depart Safaricom in March 2026, marking the end of a remarkable journey. Lopokoiyit's leadership has been pivotal in transforming M-PESA into a leading fintech ecosystem across Africa, serving over 60 million customers and 5 million businesses in eight countries. His strategic vision and global partnerships have been instrumental in this success.
Lopokoiyit's journey with Safaricom began in 2011, where he played a crucial role in shaping the agent aggregator model, a concept now widely adopted in mobile money globally. His contributions have been recognized, with Lawyer Donald Kipkorir praising his impact on Kenya's money markets.
As Lopokoiyit prepares to embark on a new chapter, his legacy at M-PESA is celebrated. His leadership has not only expanded M-PESA's reach but also positioned Africa as a hub of financial innovation. The industry will undoubtedly miss his expertise and vision as he transitions to a new role outside the Vodacom Group.