Safaricom's position on CEO exit : The Standard - News Summed Up

Safaricom's position on CEO exit : The Standard


Earlier reports indicated that the head of Safaricom plans to step down in August for health reasons, but the government’s insistence he should be succeeded by a Kenyan has delayed announcing a replacement. Collymore took a nine-month medical leave in late 2017 to return to England to battle cancer, and has now indicated he wants to step down, sources told Reuters. “Our attention has been drawn to a story regarding the position of Chief Executive Officer at Safaricom PLC,” said Nicholas Nganga, Safaricom Chairman “I would like to state that the Safaricom PLC Board has not made a decision on the matter. Britain’s Vodafone has a 5 percent stake and the Kenyan government 35 percent. Register to advertise your products & services on our classifieds website Digger.co.ke and enjoy one month subscription free of charge and 3 free ads on the Standard newspaper.


Source: Standard Digital April 30, 2019 11:59 UTC



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