Vodafone’s Michael Joseph receives prestigious PICMET technology management award for M-Pesa
Michael Joseph, Vodafone’s Director of Mobile Money, has received the prestigious Leadership in Technology Management Award from PICMET (Portland International Centre for Management of Engineering and Technology).
Michael’s LTM Award from PICMET recognises his work developing Vodafone M-Pesa, the mobile money transfer and payment service that has transformed the lives of millions of people in emerging markets.
Receiving the Award at PICMET’s 2014 conference in Kanazawa, Japan, Michael said, “To be recognised by PICMET and its members is a huge honour and an extremely humbling experience.
“When I went to Kenya to become the CEO of Safaricom I wanted to change people’s lives for the better. I was determined that we would be an innovative company by design – the now world-famous M-Pesa product was the result of that thinking.”
PICMET generates and disseminates knowledge on technology management to around 17,000 technology management specialists in academia, industry and government throughout the world.
The PICMET Leadership in Technology Management Award recognises and honours individuals who have provided leadership in managing technology by establishing a vision, providing a strategic direction, and facilitating the implementation strategies for that vision.
The Award was established in 1991 and previous winners include:
Carly Fiorina – Chairman & CEO, Hewlett-Packard
Andrew Grove – Chairman, Intel Corporation
Norman Augustine – Vice Chairman and CEO, Lockheed Martin
Morris Chang – Founding Chairman, Taiwan Semiconductor Manufacturing Company Ltd.
Robert JT Morris – VP Global Labs, IBM Research
HRH Princess Maha Chakri Sirindhorn - Thailand
Jack Welch – CEO, General Electric
Jong-Yong Yun – Vice Chairman & CEO, Samsung Electronics
Anne Mulcahy – Chairman & Former CEO, Xerox Corporation
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Vodafone is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 52 more, and fixed broadband operations in 17 markets. As of 30 June 2014, Vodafone had 436 million mobile customers and 9 million fixed broadband customers. For more information, please visit: www.vodafone.com
Developed by Vodafone, M-Pesa is now the world’s most successful mobile money transfer service. It enables millions of people who have access to a mobile phone, but do not have access to a bank account, to send and receive money, top-up airtime and make bill payments.
M-Pesa had approximately 16.8 million active customers as at 31 March 2014 and approximately 200,000 authorised agents worldwide.
Many other businesses are using the service to allow their customers to pay them easily and safely. Additionally in Kenya and Tanzania, Safaricom and Vodacom Tanzania have launched a savings and loans products, in partnership with the Commercial Bank of Africa.
The addition of Romania continues the expansion of M-Pesa globally, following the launches in Egypt, India, Lesotho and Mozambique, over recent months.
PICMET (Portland International Conference on Management of Engineering and Technology) was established in 1989 as a non-profit organization to disseminate information on technology management through an international conference. It is governed by a Board of Directors and an Executive Committee. The Advisory Council provides advice and counsel on the global issues and critical dimensions of technology management and assists the president in the selection of key speakers. Advisory Council members deliver plenary speeches at the Conference.
The first PICMET was held as PICMET’91 in Portland, Oregon in October 1991. The theme was “Technology Management: The New International Language”. Approximately 400 attendees from about 30 countries attended PICMET’91.
Initially there was no plan to make PICMET a continuous conference but the success of PICMET’91 and requests from researchers and practitioners of technology management from around the world prompted the Board of Directors to repeat it as a biennial conference to be held in Portland during the last week of July in odd-numbered years. Since 2004, PICMET has become an annual conference held at different locations in the world.