Former Safaricom CEO Michael Joseph has been appointed as the interim Chief Executive Officer of the Company with immediate effect.
This follows the passing on of the Safaricom’s Chief Executive Officer (CEO), Bob William Collymore Monday.
Michael Joseph will hold this position until the Board communicates in due course on a permanent appointment.
“Following the passing on of the Company’s Chief Executive Officer (CEO), Mr. Robert (Bob) William Collymore on 1 July 2019, at a Special Board meeting of the Directors’ that was held on even date, the Board resolved to appoint Mr. Michael Joseph, a Board member of the Company, as the interim Chief Executive Officer of the Company with immediate effect” read a statement by the company secretary Kathryne Maundu
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“Mr Joseph will hold this position until the Board communicates in due course, on a permanent appointment” it added.
Michael Joseph is a former CEO of the Company and the current Chairman of the Board of Kenya Airways.
During his tenure, he steered the company from a subscriber base of less than 20,000 to over 16.71 million subscribers.
The Board says it is confident that during this transition, Mr Joseph will provide the necessary guidance and leadership to the Company and its employees.
Read related: Bob Collymore passes on
Kenyans woke up to sad news of the passing of Collymore in wee hours of Monday morning.
Confirming his demise Safaricom Chairman Nicholas Nganga said Collymore succumbed to Acute Myeloid Leukemia at his home.
The Safaricom CEO who leaves behind a wife and four children has been instrumental in building Safaricom into East Africa’s most profitable company with over 30 million mobile service subscribers.
Collymore’s contract was extended in 2015 and recently in 2017.
