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Olu Akanmu resigns as Opay Nigeria’s CEO after 2 years in charge

Ransome Mgbeahuru by Ransome Mgbeahuru
July 31, 2023
in News
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Olu Akanmu resigns as Opay Nigeria’s CEO after 2 years in charge

Olu Akanmu has announced his decision to step down as the President and Co-CEO of OPay Nigeria after serving in the position for two years.
The announcement was made public on Monday morning through a statement posted on his official Twitter page.

Akanmu, a seasoned industry professional and former executive director at FCMB, took on the leadership role at OPay Nigeria in November 2021.

During his tenure, the Chinese-backed fintech company experienced significant growth, particularly amid Nigeria’s cash crunch. Utilizing effective distribution strategies and robust infrastructure, OPay reached new milestones, boasting 30 million registered users as of April this year.

In his statement, Akanmu expressed gratitude to his colleagues at OPay for their collective efforts in advancing financial inclusion in Nigeria.

He acknowledged their dedication to ensuring more people partake in the opportunities of the digital financial system.

Additionally, he extended his appreciation to ecosystem partners and enablers whose collaboration contributed to OPay’s successful mission of “deepening financial inclusion through technology.”

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