Rene Meza, managing director of Vodacom Group Ltd.’s Tanzanian unit, has resigned to pursue other opportunities.
Meza, who joined Vodacom Tanzania in 2011, will leave the wireless carrier in September, the Johannesburg-based company said in a statement Monday. He previously worked for Bharti Airtel Ltd. in Kenya and for Millicom International Cellular SA.
“During his time with Vodacom, he doubled the network to 3,200 sites, increased the number of customers to over 12 million and led Tanzania to have the second biggest M-Pesa customer base in the Vodacom Group,” Vodacom said in the statement. M-Pesa is a mobile banking service.
Tanzanian carriers are developing more sophisticated mobile banking products, such as interest-baring accounts and loans, to boost sales as well as seeking more spectrum to improve their networks.