Safaricom chairman quits

Safaricom chairman quits

Safaricom chairman John Ngumi resigned to explore opportunities in the sustainability sector after less than a year into the job, reported Reuters.

Ngumi started his role as chairman only in July 2022 and officially quit his job on December 22.

The Kenya-based operator group, which is partly owned by Vodacom and Vodafone, stated it will elect a new chairman in the coming weeks.

Ngumi took over the chairman role from Michael Joseph, as the latter spearheaded operations in Safaricom’s latest market Ethiopia.

Ngumi was formerly chairman of Kenya Pipeline Company, a state-owned cooperation and was formerly an investment banker. He was at the helm while Safaricom made its debut in Ethiopia, one of the few markets left untapped by international telecoms players.  

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