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| Michael Joseph and Nicholus Ng'ang'a. FILE |
Former Safaricom PL CEO Michael Joseph appointed as the new Safaricom board chairman.
The announcement comes after the current Chairman Nicholas Ng'ang'a 13- year term ends and who has served as the telco's chairman and non-executive director since 2007.
Mr Ng'ang'a has been on the board for the last 16 years after first joining the firm's directorship in 2004.
Declaring the appointment, Safaricom CEO Peter Ndegwa said Mr Michael Joseph takes over from August 1, 2020, with a decree to " improve customer sentiment, greater brand consideration and to reinforce the firm's digital transformation agenda."
"He 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," Mr Ndegwa said.
The CEO Mr Ndegwa added that probably no one understands Safaricom better than Mr Joseph, who has served the telco as its CEO twice and has been a board member for several years.
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