Safaricom PLC has announced former CEO Michael Joseph as the new board chairman.
This follows the retirement of Nicholas Ng’ang’a, who has held the position for 16 years.
In an announcement made by Safaricom Chief Executive Officer Peter Ndegwa on Thursday, 30th July 30, 2020, Michael Joseph is expected to take over next month.
Joseph joined the Safaricom board on September 8, 2008.
Ndegwa noted that the former CEO “brings a wealth of skills and industry knowledge, given his contribution to the growth of Safaricom from very humble beginnings to becoming one of the most innovative, influential and profitable companies in the East African region”.
Ng’ang’a joined the board in May 2004 and was elected chairman in January, 2007.