The Group Board of pan-African inclusive finance group, Letshego Africa Holdings Limited (“The Group” ; “Letshego Africa” ) today announced to shareholders via the Botswana Stock Exchange that Aupa Monyatsi, Group Chief Executive, has tendered his resignation to
pursue external career opportunities aligned to national interests. Aupa Monyatsi has thus commenced his contractual 3 month notice period to facilitate a comprehensive handover, with his final day in office confirmed as 14 April 2025.
As Letshego’s first Motswana Group Chief Executive, Aupa has played a key role in developing and executing the Group’s ‘6-2-5 strategic roadmap’. The roadmap mapped the Group’s 5 year Transformation Plan that saw platforms, products and systems digitalised and automated to increase regional operational efficiencies, customer delivery and longer term business resilience and sustainability.
During Aupa’s time, the Group launched a number of socially impactful and green-friendly commercial solutions that not only increase access to productive lending for underserved individuals and small businesses, but also achieve indirect development benefits for local communities. Micro Insurance, Affordable Housing, Instant Loans and Savings Accounts are just some of the new products developed and launched during Aupa’s tenure, all now available through the Group’s multi-channelled ‘Digital Mall’. Letshego’s new ventures into green or eco-friendly financing solutions bring innovative products such as electric, commuter motorbikes in Ghana, and everday solutions like solar products and solar generators in Nigeria.
Regionally, Aupa oversaw Tanzania’s two locally incorporated entities amalgamated into a single, more efficient operation and bank, Letshego Tanzania Bank Limited. The Group’s subsidiary achievements have also gained expert third party recognition under Aupa’s watch, with accolades such as Nigeria’s AFAWA Award for increasing financial support to women and women-owned businesses; Uganda’s Best Digital Bank Award as well as Ghana’s accolade for the top inclusive finance product, Letshego’s mobile Qwikloan.
Within the borders of Botswana, Monyatsi has supported Letshego Financial Services Botswana’s leadership team to forge a number of new and forward-thinking initiatives. These include an economic development alliance with Morupule Coal Mine that enables small businesses to access capital to qualify for tenders, as well as strategic partnerships with Botswana’s mobile network operators, Mascom and BTC, to improve access to financial services.
Aupa Monyatsi, outgoing Group Chief Executive commented, “It has been an honour and privilege to be part of Letshego Africa’s dynamic transformation towards a digitally-savvy future. I wish Letshego’s leadership and all employees every success going forward.”
Deputy Chairman of Letshego Africa Holdings Limited added,“On behalf of the Group Board, we wish to thank Mr Monyatsi for his leadership, commitment and dedication to the role. We wish him every success in his future career. I can confirm that the Group Board has commenced the process to identify a suitable successor and advise stakeholders of our progress accordingly. We are committed to maintaining our trajectory in building a leading inclusive finance brand.” Letshego Africa Holdings Ltd remains in a closed period until the announcement of the Group’s Annual Results on or before 31 March 2025. Shareholders are advised to exercise caution when trading in company shares during this period.
