Safaricom names Peter Ndegwa as the company’s new CEO ▷ Kenya News

Kenya's most profitable company Safaricom have announced Peter Ndegwa as the company's new Chief Executive Officer.

Ndegwa will replace Michael Joseph who has been on an acting capacity since the death of Bob Collymore on Monday, July 1.

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A file photo of Peter Ndegwa, Safaricom's new CEO. Photo: The Star.
Source: UGC

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In a statement on Thursday, October 24, the company's board of directors said Ndegwa's appointment will be effective from Wednesday, April 1, 2020.

"Peter brings a wealth of experience in General Management, Commercial and Business Strategy, Sales and Finance Operations, having spent over 25 years in various roles within the Financial Services and Fast-Moving Consumer Goods (FMCG) sectors in Africa and Europe," a statement by Nicholas Ng'ang'a, Safaricoms's chairman said.

Ndegwa joins Safaricom from Diageo PLC where he the managing director of Diageo International Europe.

He has over 25 years' experience in various financial market positions within fast moving consumer goods.

Safaricom's former CEO the late Bob Collymore joined the company in 2010 replacing Michael Joseph.

He died after a long battle with Leukemia.