By MUGAMBI MUTEGIMore by this AuthorFormer Safaricom #ticker:SCOM chief executive Michael Joseph is set to step down as Vodafone’s director of mobile money later this year as part of a wider plan to disengage from all his full-time roles at the telecom giant. Mr Joseph, who is the chairman of Kenya Airways #ticker:KQ, is also set to relinquish his non-executive director positions at Vodafone’s African subsidiaries — Vodacom Mozambique, Vodacom Tanzania and Vodacom Group South Africa. “I stepped down from a full-time role at Vodafone in December but I do some work for them. The plan is to fully step down from Vodafone and its companies towards the end of this year,” Mr Joseph told Business Daily in an interview. Vodafone, Safaricom’s majority shareholder, then tapped him to head its global mobile money business including expanding it to countries such as Denmark, Albania, Ghana and India.

Source: Daily Nation April 17, 2017 19:00 UTC