BREAKING: Richard Yego to Exit MTN MoMo at End of Feb, 2026; Sarah Bateta Okwi To be Named Acting CEO MTN Mobile Money Uganda CEO Richard Yego is set to leave at the end of March 2026, with Sarah Bateta Okwi expected to take over as Acting CEO as the fintech prepares for a major corporate transition.

Richard Yego, the Managing Director and Chief Executive Officer of MTN Mobile Money Uganda Ltd (MTN MoMo), has resigned, with his exit expected at the end of February 2026. Yego, who has led MTN MoMo since February 2022 is set pursue other professional opportunities, according to a statement from MTN. MTN has appointed Sarah Bateta Okwii as Acting Chief Executive Officer, effective upon Yego’s departure. Bateta Okwii will steer the fintech business in an interim capacity as the company initiates a substantive leadership transition. During his tenure, Yego oversaw MTN MoMo’s evolution as Uganda’s leading fintech, focusing on governance, regulatory…