Safaricom has appointed former East African Breweries Limited finance director Peter Ndegwa as the new chief executive.
“Safaricom PLC board of directors has resolved to appoint Mr Peter Ndegwa as the company’s chief executive effective April 1, 2020,” said Safaricom chairman Nicholas Ng’ang’a in statement Thursday.
Mr Ndegwa becomes the first Kenyan to head the largest telco operator in the region.
ICT Secretary Joe Mucheru had earlier said that the government’s wish was to have a Kenyan at the helm of the country’s most profitable company, fuelling fears that it may influence the choice of the next CEO.
“My wish is that a Kenyan gets [sic] the position, but we don’t control the business. We have appointed directors to run the business, it doesn’t mean that what the government wants is what it gets,” the CS said in June.