Mr Ngunze, who was replaced as CEO by Polish national Sebastian Mikosz, was retained to assist in closing critical negotiations with creditors and stakeholders to keep the airline afloat. The capital restructuring negotiations came to a close on Tuesday night after all parties signed on the dotted line, prompting Mr Ngunze to announce his imminent departure from the airline. In the next week or so my job is done,” Mr Ngunze told the Business Daily in an interview Wednesday. Mr Ngunze was, however, asked to stay on until the end of July to, in collaboration with Mr Joseph, help the new boss gain an understanding of the business. I will take the time to reflect on my life, my career and my next move,” said Mr Ngunze.

Source: Daily Nation November 15, 2017 18:45 UTC