Safaricom’s Head of Financial Services Ron Web Resigns, Company Cites Personal Reasons

Mr Ronn Webb, who has been the Director of Financial Services/M-Pesa at Safaricom for one year, has resigned for personal reasons, the Telco’s CEO Bob Collymore has announced.

His resignation was effective immediately, bringing to a close a brief tenure at the top of the world’s most successful mobile money service of its kind.

In the meantime, Brian Wamatu will take over as the Interim Director of Financial Services. Wamatu is the head of M-PESA Product Development. He is also responsible for the M-PESA Roadmap which is expected to create exponential growth in mobile payments and deepen Financial Inclusion.

In August 2016, Webb joined Safaricom from Equity Bank Group where he was the head of payments within the Tier 1 lender, he was responsible for driving innovation around Equitel payment platform. Prior to that post, Webb was Group CTO at the Paynet/PesaPoint Group for 18 years.