OPay CEO, Olu Akanmu steps down

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July 31, 2023
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2 min read
Portrait image of Olu Akanmu Opay CEO
Image source: Head Topics

The news:

  • OPay CEO, Olu Akanmu steps down. He announced this on Monday, July 31, 2023, on Twitter.
  • The former OPay boss said it was the end of a chapter and the beginning of a new one.
  • He highlighted success stories the fintech company has achieved under him and said, "There is still so much to be done."

Olu Akanmu is stepping down as CEO of Opay Nigeria after two years.

Akanmu said on Twitter that it was the end of one chapter and he was moving on to the next.

While Akanmu has led the fintech to become one of the companies with the largest agent banking networks in Nigeria, —over 500,000 — he said there was still so much more to be done.

He pointed out how the cash crunch earlier this year revealed that there are still a lot of Nigerians who do not have access to the digital financial system.

Akanmu has been the CEO of OPay for two years, but he has over 13 years of experience in the financial sector.

Akanmu also has experience in telecommunications.

He was General Manager-Consumer Marketing at MTN between 2001 and 2007. He also worked for Airtel Nigeria as the Chief Marketing Officer for a year.

Before becoming CEO of OPay Nigeria, Akanmu led retail banking at First City Monument Bank (FCMB) for over eight years.

While Akanmu did not reveal where he'll be taking up employment next, his tweet shows he's concerned about creating access to the digital finance system.

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Meanwhile, OPay has announced the appointment of Dauda Gotring as the incoming MD of the company. Before Gotring can become MD, however, the Central Bank of Nigeria has to sign off on it.

Featured image source: Head Topics

He's a geek, a sucker for Blockchain and an all-round tech lover. Find me on Twitter @BoluAbiodun1.
He's a geek, a sucker for Blockchain and an all-round tech lover. Find me on Twitter @BoluAbiodun1.
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He's a geek, a sucker for Blockchain and an all-round tech lover. Find me on Twitter @BoluAbiodun1.

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