Nairobi — Safaricom board chairman John Ngumi has resigned from the function slightly 6 months after his appointment in July remaining 12 months.
According to a observation from the telco, Ngumi’s resignation took impact on December 22 and a brand new Chairman will likely be elected within the coming weeks.
Ngumi leaves the Board to concentrate on creating inexperienced power era throughout Africa with an emphasis on inexperienced hydrogen.
“In the brief period following his appointment to the Board, John has provided a wealth of industry knowledge and vast expertise. He has steered the Company through a general election and supported the entrenchment of our purpose of transforming lives through our products and services as well as within the communities we serve,” learn a observation signed via Company Secretary Kathryne Maundu.
Maundu famous that John strongly supported and ensured the repositioning of the Fuliza product to raised serve Kenyans.
“He was also an ardent enthusiast for Safaricom’s entry into Ethiopia.”
As a part of the brand new board adjustments, Safaricom additionally introduced the appointment of Adil Arshed Khawaja (MBS) as a Director in Safaricom PLC with impact from December 22.
The appointment which was once licensed via the Board of Directors on January 5, is topic to regulatory approval.
Khawaja is a extremely prominent Advocate of the High Court of Kenya with over 30 years paintings enjoy within the felony occupation starting from dispute solution to industrial and actual property.
He these days serves because the Managing Partner at Dentons Hamilton Harrison & Mathews and holds board positions in quite a lot of corporations throughout quite a lot of markets together with Rhino Ark Charitable Trust, Al Futtaim Automotive-CMC Motors Group Limited and Atua Enkop Africa Limited.
He prior to now served as a director of KCB Bank Group from 2012 and was once elected the primary chairman of KCB Bank Konya Limited from 2016 till 2020 when his tenure ended.
He has additionally served as a director within the board of Kenya Power & Lighting Company and as a Trustee of the Kenya Wildlife Service.
Author: Capital FM