Absa Group has appointed Sitoyo Lopokoiyit to head its private and personal banking business unit across Africa, effective April 1, 2026.
Mr Lopokoiyit has been the chief executive officer of M-Pesa Africa and previously the chief financial officer at Safaricom, where he led the strategy and growth of Africa’s largest fintech platform.
“A highly experienced industry leader, Lopokoiyit brings deep expertise in financial services, telecoms, customer value propositions and experience, and large-scale business transformation," Absa said in a statement confirming the appointment.
“This appointment represents an important step in Absa’s ongoing focus on delivering integrated, customer-centric solutions across its Personal and Private Banking franchise, while also exploring new growth opportunities.”
The announcement comes just a week after Absa Group CEO, Kenny Fihla, toured Nairobi on a three-day working visit during which he met both the National Treasury Cabinet Secretary, John Mbadi, and Central Bank of Kenya Governor, Kamau Thugge.
