Mixed reactions as OPay CEO, Olu Akanmu suddenly resigns

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    The resignation of the president and CEO of OPay Nigeria, Olu Akanmu has continued to generate mixed reactions from people on social media.

    Wakadaily learnt that Olu Akanmu suddenly resigns from the company after two years of assuming the position.

    Akanmu announced his exit from the popular financial service company via his Twitter page on Monday and refused to give reasons for his sudden decision.

    Akanmu, who is a former executive director at FCMB and a seasoned industry professional, joined OPay Nigeria, which is backed by Chinese investment, in November 2021.

    Under his watch, Opay saw impressive growth during Nigeria’s cash crunch, from fast network transactions to less charges, and also one of the most downloaded finance apps on Google Playstore in Nigeria.

    His tweet read: “My Gratitude to all my colleagues at Opay for the good work we did together in deepening financial inclusion in Nigeria, ensuring that fewer and fewer number of our people are left behind in partaking out of the opportunities of the digital financial system.

    “Many thanks also to all our ecosystem partners and enablers who complimented us, without which we would not have been able to deliver on the lofty mission of OPay which is to “deepen financial inclusion through technology.

    “Yet there is still so much to be done collectively by us as all to ensure that no one is left behind by the modern digital financial system.

    The lesson of the cashless or limited Cash period earlier in the year is that millions are not yet included despite the progress we have made collectively as an ecosystem.

    “For the Nigeria Fintech community, the imperative of ensuring that we serve not only the banked and underserved, but also the completely excluded which still represents at least 45% of our people should be our collective and greater patriotic mission, complementing the historic efforts of traditional players.

    “Collaborations, public-private partnerships, and more deliberate coordination at the digital public infrastructure (#dpi) ecosystem layers would be critical to ensure we succeed in doing the next heavy lifting to extend the digital financial rail to the next 20 million.”

    His resignation has however been met with mixed reactions as many hope that their money is still safe.

    MC Wendy wrote: “Make problem no come start oooo hope network no go worry.”

    Kunle Safari Don said: “My #1700:00k is still hanging. Please clarify it before leaving the office.”

    Certified Oluwatoyosi wrote: “Hope our money is still safe now.

    aremubabatundea: “Now that you’re going. What happened to my money in the Opay account?”

    @Hali53776994: “Hope the opay will not crash now?”

    @Barth75230636: “Sir you disrupted the almighty banking industry with a relatively unknown app called opay, thanks everything is possible.”

    @hormonemars: “Are you the next CBN governor? Your work at OPay was felt nationwide. Kudos.”

    Queen Ferry
    Queen Ferry
    Chinyere Treasure Ikechukwu known professionally as Queen Ferry, is a Nigerian business Executive, Journalist and Content Editor. She serves as the Vice-Chairman of Naijatraffic Limited. If Treasure is not blogging, she will be making delicious delicacy.

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