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M-Pesa Africa announces new managing director

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Safaricom has announced the appointment of Sitoyo Lopokoiyit as the new M-Pesa Africa managing director, effective April 1, 2021.

Sitoyo is expected to catapult M-Pesa into a fully-fledged financial platform and will be incharge of New Business Ventures, Product Management and Development for both Consumer and Enterprise.

The newly appointed MD has over 10 years of senior managerial experience from different fields; Oil and Gas (Chevron and Total Kenya) and in the Retail industry with Uchumi supermarkets in Kenya. Sitoyo has worked extensively in the East Africa Region as well as in Mauritius and Reunion.

In 2018, Sitoyo joined Safaricom as head of M-Pesa strategy and business development where he was notably successful and this has seen him move into the promotion with all faith.

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