FNB confirms the appointment of Sashin Sookroo as the CEO of FNB Connect, its mobile virtual network operator (MVNO), effective 1 July 2023. With over 14 years of dedicated service to FNB, he has been instrumental in driving innovation across different business areas, including the EFT Product House and Core Banking.
Lytania Johnson, CEO of FNB’s Personal Segment, said, “Sashin’s comprehensive experience in financial services, technology, and payments, coupled with his deep understanding of the FNB culture, positions him to lead FNB Connect. His appointment is in line with our efforts to enable better access to telecommunications and ICT services through our trusted digital platform.”
FNB Connect, which was recently named the Best Digital MVNO in the World*, already provides customers with a variety of services, such as voice and data plans, smart devices, and prepaid vouches for airtime, electricity, entertainment, streaming, and gaming, through FNB’s digital interfaces, such as the FNB App. It also uses FNB’s platform to give customers a unique ability to manage their SIMs, data, and voice plans.
Connect recently confirmed that it rewarded FNB and RMB Private Bank customers with over R300 million worth of free data and voice minutes in the first half of the 2023 financial year. It also sold almost R400 million worth of smart devices via the FNB App during the same period. This is part of its ongoing commitment to providing more value to customers who use its services, helping them save.
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