The Safaricom chair is Nicholas Ng’ang’a, who has been on the Safaricom board for 15 years, holding the chair’s position since 2007. Safaricom provides a broad range of first-class products and telecommunication services, Broadband Internet and Financial services throughout Kenya. Safaricom has named Peter Ndegwa as its new Chief Executive Officer effective April 1, 2020 in replacement of the acting of the current CEO Michael Joseph. “Ms. East and Central Africa’s biggest telco is facing senior management problems as the Board of Directors of Safaricom feel that the shareholders are not getting a good return on their investment. Safaricom has appointed Christopher Kirigua and Winnie Ouko to its board of directors. She holds a Bachelor of Commerce and an MBA degrees from the University of Nairobi and is currently the Mr. Joosub is the … He took over from former Safaricom CEO Michael Joseph, who has been interim CEO of Safaricom Limited since July 2019. The constitution of the Board of the company is stipulated by the Articles of Association of the company. He was appointed following the retirement of current chairman Mr. Nicholas Nganga after serving for 16 years on the Board of which 13 he served as the chairman. Mohamed Shameel Aziz Joosub and Linda Watiri Muriuki join the board as Non-Executive Directors, effective immediately. It is with humility that I take over from Mr. Nganga, whose leadership, wisdom and guidance has led Safaricom to where it is in the 13 years, he has been the Chairman of the Board. Safaricom board has Thursday appointed Michael Joseph as the next Chairman of Safaricom’s Board of Directors following the retirement of … It is comprised of 10 directors of whom nine are non-executive directors and one is an executive director. Safaricom board of directors has on Thursday appointed Mr Peter Ndegwa as the company’s Chief Executive Officer effective April 1, 2020. He also currently serves as chairman of Kenya Airways, and the Chancellor of Maseno University. Citing various touchy issues, the board members sitting were rumored to have demanded that Bob Collymore resign as the CEO of the listed company. Christopher will serve as an alternate director to the Cabinet Secretary, National Treasury and Planning whereas Winnie will serve as an independent non-executive director. Director for Vodafone UK. During the 12th Annual General Meeting which was held virtually, the shareholders approved the dividend payout of KES 1.40 per share, up from KES 1.25 paid in 2019, for the Financial Year Ending March 31, 2020. On the appointment as new Chair of the company, Michael Joseph has said, “It is an honour to serve as the next Chairman of a company that I am passionate about and have been involved with ever since its inception. The Board is responsible for the overall conduct of the Company’s business. Mon - Fri : 08:00 AM - 5:00 PM (+254) 0111 222 226 ,(+254) 0111 222 227; Member Login; Join Us He joins Safaricom from Diageo PLC where he is the Managing Director of Diageo Continental Europe. The appointments were made following a Safaricom Board of Directors meeting yesterday. The Safaricom board has appointed Michael Joseph as the next Chairman of Safaricom’s Board of Directors following the retirement of Mr. Nicholas Nganga after serving for 16 years on the Board of which 13 he served as the chairman. Other members on the Safaricom board include the Chair, the company secretary, two independent non-executive directors, one other non-executive director and the representative of the government of Kenya. In his last financial year as chairman, Safaricom announced investment of KES 36B to expand its network coverage. Safaricom PLC Board of Directors has appointed Mr. Peter Ndegwa as the company’s Chief Executive Officer effective April 1, 2020. Pal was appointed Alternate Director for CEO Peter Ndegwa, and newly‑appointed Vodacom Group CFO Raisibe Morathi was also added to the Board. Christopher will serve as an alternate director to the Cabinet Secretary, National Treasury and Planning. The team is led by the CEO and is made up of chief officers responsible for different functions. The Safaricom chair is Nicholas Ng’ang’a, who has been on the Safaricom board for 15 years, holding the chair’s position since 2007. Safaricom market capitalization at KES 1.075 trillion is worth 50% of all the listed firms on the NSE. Christopher is the Director-General of Public-Private Partnerships at the National Treasury. “On behalf of the Board of Directors, I wish to announce the retirement of current long-serving Chairman Mr. Nicholas Nganga and the appointment of Mr. Michael Joseph as the new Chairman of the Board with effect from 1st August 2020,” said Peter Ndegwa, Safaricom CEO. His appointment took effect on 10th February 2021. Ndegwa joins Safaricom from Diageo where he is the Managing Director of Diageo Continental Europe. Michael Joseph has been appointed as the next Chairman of Safaricom’s Board of Directors. The Chief Executive is responsible for the management of the Company’s business and the implementation of Board strategy and policy. East and Central Africa's biggest telco is facing senior management problems as the Board of Directors of Safaricom feel that the shareholders are not getting a good return on their investment. Of the nine non-executive directors, we now have two independent directors. At 11 am, the Board of Directors called a press conference and paid glowing tribute to the CEO of Kenya’s most profitable company. The full list of the Safaricom Board of directors is now as follows: Nicholas Nganga – Chairman & Non-Executive Director Bob Collymore – Executive Director & Chief Executive Officer of Safaricom Michael Joseph – Non-Executive Director The Safaricom Board of Directors has appointed Mr. Peter Ndegwa as the company’s new Chief Executive Officer to replace Bob Collymore who passed on in … Mr. Badrinath will represent Vodafone on the board … He heads Kenya and East Africa region. Mr. Nganga retires from the telco that now serves over 35.6 million customers, across 50 shops and hundreds of service desks across the country, with a staff force of over 6,500 employees. Safaricom has appointed 2 new directors as part of its strategy to enhance shareholder value. Through a press statement the two appointments were announced following a Safaricom Board of Directors meeting held on Thursday 31st August. I am grateful for the opportunity to serve, not just the board but also the shareholders and the company. The appointments are effetive today and were approved at a board meeting that took place earlier today. As part of its strategy to enhance shareholder value, Safaricom has announced the appointment of Mohamed Shameel Aziz Joosub and Linda Watiri Muriuki to its board as Non-Executive Directors, effective immediately. Safaricom 4G coverage covers more than 77% of the population while 3G coverage is at 94% of the population. Sokowatch listed as one of the World’s Most Innovative Companies for 2021, Nium.com now allows sending funds to Kenya, Tanzania, Ghana and South Africa, Huawei updates AppGallery with new features for users in Kenya, Ghana, South Africa and Nigeria, M-Kopa and Pula Advisors receive KES. “Safaricom PLC board of directors has resolved to appoint Mr. Peter Ndegwa as the company’s chief executive effective April 1, 2020. The Chairman is responsible for the operation, leadership and governance of the Board, ensuring its effectiveness and setting its agenda.