- Tsaone Segaetsho
Shareholders were informed on Tuesday morning that Letshego Africa Holdings Limited Group CEO, Aupa Monyatsi, tendered his resignation effective from 15 January 2025.
Letshego announced that Monyatsi is leaving the Group “to pursue an external opportunity.”
He will, however, serve a three-month notice period, concluding on 14 April 2025.
Industry experts consulted by The Executive Botswana have touted Monyatsi to assume the role of Chief Executive Officer at the Botswana Stock Exchange (BSE), which has been under interim leadership since the departure of former CEO, Thapelo Tsheole last year.
It is understood that Monyatsi has been endorsed by the new government as the ideal candidate for the position, with Finance Minister and Vice President, Gaolatlhe Ndaba reportedly championing his appointment.
The BSE, which is majority-owned by the Government of Botswana, is a key institution in the country’s financial ecosystem.
Speaking at the African Securities Exchanges Association (ASEA) Conference in Gaborone last year, Ndaba—while delivering the keynote address at the BSE-hosted event—hinted that Tsheole’s successor had already been identified.
Monyatsi was appointed CEO of Letshego Holdings in June 2022, after having served in an interim capacity since May 2022.
In a statement released on Tuesday morning, Letshego Holdings’ board expressed gratitude for his leadership and contributions.
“The Board and staff of Letshego would like to thank Mr Monyatsi for his leadership and contribution. He has established a strong foundation from which we will continue to build,” the statement read.
Monyatsi was the first Motswana to spearhead Letshego Group’s transformative “6-2-5 Strategic Roadmap.” This five-year plan focused on digitising operations, automating systems, and introducing innovative solutions such as micro-insurance, affordable housing loans, and green financing initiatives like solar products and electric commuter motorbikes.
Under his stewardship, Letshego achieved significant regional expansion and operational consolidation, including streamlining activities in Tanzania. The Group also earned industry accolades for financial inclusion and digital innovation across markets in Ghana, Nigeria and Uganda.
Reflecting on his tenure, Monyatsi described his time at Letshego as a privilege.
“I am honoured to have been part of Letshego Africa’s dynamic transformation towards a digitally-driven future. I wish the leadership and employees every success as they move forward,” he said.
