Free Reads

Meet Safaricom’s Newly Appointed CEO


October 24, 2019

Effective April 1st 2020 Mr Peter Ndegwa will take over the wheels of East Africa’s biggest telecom company Safaricom.

In a statement sent to the Press, the telecom made known that Safaricom PLC Board of Directors has decided to have Mr Ndegwa as company’s Chief Executive Officer.

The new CEO will take over from Michael Joseph who was appointed as Interim CEO following the death of Bob Collymore.

He is joining Safaricom from Diageo PLC where he is the Managing Director of Diageo Continental Europe.

Image Courtesy: Safaricom

“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, ” the company said in a statement.

The Paystack Exit Sees Y Combinator Ditch Its ‘X’ Factor In Africa

 image

Mr Ndegwa has previously served as CEO in Guinness Nigeria PLC and Guinness Ghana Breweries PLC where he is said “transformed the two operations to deliver a double-digit growth by investing in people, introducing new brands and reorganising the businesses”

He has worked as Executive Director at East Africa Breweries Limited (EABL) based in Nairobi. Serving as the Group Chief Finance Officer (CFO), Group Strategy Director, Sales Director, and as an Executive.

He holds an MBA from the London Business School as well as a Bachelor’s degree in Economics from the University of Nairobi. Mr Ndegwa is also a Certified Public Accountant and a member of the Institute of Certified Public Accountants of Kenya (ICPAK).

“We are confident that Peter will carry on our vision of transforming lives while keeping us focused on meeting our customers’ needs and holding us to our new commitment of being Simple, Transparent and Honest, ” Safaricom said.

Featured Image Courtesy: Twitter

Others Are Reading

Journalism is broken in Africa


Help us build a narrative on African Business, Startups, Tech and Economy
Join us today to empower great story telling, one story at a time

Monthly Membership

Get Access to 20+ well researched and insightful African business stories monthly & unlimited access to Free-reads.

$6

$10

(introductory offer)

Subscribe Now

Quarterly Membership

3-months access to 60+ new stories with 3-months worth of archives & unlimited access to Free-reads.

$15

$18

(introductory offer)

Subscribe Now

If you are a Corporate or a Student, please reach out to us for subscription at [email protected]