Managing Executive: M-Commerce at Vodacom Tanzania
Sitoyo Lopokoiyit joined Vodacom Tanzania Ltd in October 2015. His current role, Director of M-Commerce is responsible for managing and growing M-PESA in Tanzania with a focus on driving financial inclusion and delivering products and services that make an impact to the lives of all Tanzanians as well as driving profitability. M-PESA in Tanzania is the market leader and has over 9M customers using the service.
His previous role was Head M-PESA Strategy and Business Development at Safaricom. During his tenure (over 4years) he lead the team in delivering several key products and services such as: development and launch of M-Shwari the world’s first bank account fully accessible via a mobile phone, driving merchant payments (lipa Na M-PESA), and moving M-PESA from a focus of peer to peer funds transfer to a collaborative payments partnership model. During his time at Safaricom M-PESA revenue grew double digit every year
Sitoyo has over 10 years’ senior managerial experience from different fields; oil & Gas (Chevron and Total Kenya Ltd) and in the Retail industry with Uchumi supermarkets in Kenya. He has worked extensively in the East Africa Region as well as in Mauritius and Reunion.
Sitoyo holds a Bachelor of Commerce (Hons) degree in marketing from the University of Nairobi (2000) and an MSc in Information Technology Management and Organizational Change from Lancaster University in UK.