Jambojet confirms Karanja Ndegwa as CEO

NAIROBI, Kenya, Sep 2- Jambojet board of directors Thursday confirmed Karanja Ndegwa as the airline’s Managing Director (MD) and Chief Executive Officer (CEO).

Ndegwa was in an acting capacity since April 2020 when then CEO Allan Kilavuka was appointed as Kenya Airways Group CEO and MD.

Prior to his appointment, Ndegwa served as the airline’s Chief Financial Officer (CFO).

Jambojet Board of Directors Chairperson Vincent Rague, in a statement, expressed the board’s optimism in  Ndegwa’s ability to ensure the growth of the airline.

“Since taking over as acting Managing Director, Mr. Ndegwa has successfully steered the business, ensuring stability, continuity, and growth amid the Covid-19 pandemic which has significantly affected the Aviation Industry. Through his leadership, we are confident that he is best suited to take the airline to the next level in terms of growth and sustainability,” said Rague.

Besides being a Certified Public Accountant, Ndegwa is a graduate of Economics and Statistics from the University of Nairobi.

He is experienced in financial planning and reporting, airline business/commercial strategy, capacity building, strategic management, and revenue management, having spent over 20 years in various leadership roles within the Airline Industry

Prior to joining Jambojet in 2014, Ndegwa worked at KQ n different capacities and rose up the ranks of Manager – Revenue Accounting.

He served as the Head of Finance at Jambojet, before being appointed the CFO of the airline in 2016.

“Ndegwa has been instrumental to Jambojet growth, setting up the finance organization during Jambojet’s inception and has been involved in strategy development and implementation,” the firm said.