Letshego Financial Services Eswatini (Pty) Ltd (LFSE) has announced the resignation of its Chief Executive Officer (CEO), Mongi Dlamini, marking the end of an almost nine-year tenure during which the institution strengthened its position as a key player in Eswatini’s financial services sector.
In a statement released by the Board of Directors, LFSE confirmed that Dlamini has stepped down to pursue new professional opportunities. He will serve a three-month notice period, ending on 31 March 2026.
Dlamini was appointed CEO on 1 November 2017 and has since been credited with guiding the organization through sustained growth, operational stability, and strategic transformation. Under his leadership, Letshego Eswatini advanced its mission of financial inclusion, expanded customer delivery channels, and strengthened institutional resilience.
One of the most notable milestones during his tenure was the successful acquisition of a digital banking license from the Central Bank of Eswatini. The Board described this development as a significant step that enhances the company’s capacity to serve customers more efficiently while responsibly expanding its product offering.
“He has played a pivotal role in strengthening our strategic direction,” the Board said, expressing gratitude for his contributions and leadership. To ensure leadership continuity and organizational stability, the Board has activated a comprehensive transition plan. A new Chief Executive Officer is expected to be appointed in the near future.
LFSE assured customers, partners, and stakeholders that the leadership transition will not disrupt operations or service delivery. All business processes, customer support, credit operations, and regulatory commitments will continue uninterrupted.
The company reiterated its commitment to its core mission of improving lives through accessible and affordable financial solutions, adding that momentum will be maintained in advancing financial inclusion across the Kingdom.
LFSE also confirmed its firm commitment to its strategic transformation into a Retail Savings and Credit institution. This transition is expected to enable the organization to expand into broader financial services beyond its existing credit products, further strengthening its role in Eswatini’s evolving financial ecosystem.