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MTN Momo CEO Resigns to Explore a New Opportunity
Bradwin Roper has decided to step down as MTN’s Momo CEO. MoMo CEO resigns to explore a new opportunity. He will leave the company at the end of October 2024.
Momo CEO Resigns
MTN said in a statement that, in line with the firm’s executive notice period, Roper will exit MTN SA at the end of October.
According to the company, Roper has played a key role in the growth of MTN’s fintech division, since joining MTN SA in May 2023.
Under Roper’s leadership, MTN relaunched its mobile money platform, MoMo, adding a raft of new features including insurance, international remittances, PayShap integration, and a new point-of-sale device.
The company said: “With international remittances, MoMo is breaking down barriers to international money transfers”.
This allows both foreign nationals in South Africa and local residents to send money to MoMo users across 12 African countries. This is done with zero data charges for MTN customers in those markets. This major development was achieved under Roper.
MTN further notes that under his leadership, the company has witnessed a period of solid innovation and expansion, cementing its position as a leader in the sector. Additionally, MTN highlighted the added value Roper had introduced to satisfy their users.
Momo CEO Resigns: The Way Ahead
Charles Molapisi, CEO of MTN South Africa, said: “We are grateful for his dedicated service. We also wish him the very best in his future endeavors as we work to continue advancing fintech innovation in South Africa.”
Recruitment for a replacement to the role is underway. Roper previously worked in a big-four bank, First National Bank (FNB) where he held the position of CEO of FNB Connect. Also, he previously worked with Unilever, where he was a business process engineer for Africa, the Middle East, and Turkey.
MTN did not reveal what company Roper was going to or what position he would be taking there.
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