Kopo Kopo Appoints Dennis Ondeng As New CEO

Kenyan fintech startup, Kopo Kopo, has appointed Dennis Ondeng as its new CEO, as part of a leadership change.

The change also involves the appointment of Chad Larson as the Chief Financial Officer (CFO) and Rose Muyeshi as the Chief Risk Officer (CRO). Kibet Yegon will assume his role as Chief Technology Officer (CTO) of the fintech startup.

Since joining Kopo Kopo as CEO in 2019, Larson has strengthened our financial operations and championed innovative lending solutions bringing Kopo Kopo to where it is today.

The new CEO, Ondeng, has extensive experience including pioneering mobile money technology solutions, which positions him well to lead the company into its next phase of growth.

This leadership change comes 13 months after Kenya’s competition authority approved its proposed acquisition by Nigerian neobank Moniepoint Inc.

Kopo Kopo made this announcement through a LinkedIn post mentioning that this change is set to help the startup achieve its mission.

“We are confident that this dynamic leadership team will further Kopo Kopo’s mission and continue to deliver solutions for businesses in Kenya,” the statement reads in part.