John Ngumi Appointed New Chair Of The Board At Safaricom PLC

NAIROBI, Kenya, Jul, 29 – Safaricom PLC has appointed John Ngumi as the new chairman of the Safaricom board as well as a director.

Ngumi, a career banker replaces Michael Joseph as chairman.

The move will come into effect in August, 1,2022.

“Mr Ngumi is one of Kenya’s most celebrated bankers. During a 35-year banking career, he established himself as East Africa’s foremost corporate and investment banker, working with local and international/global corporate that has an East African regional presence, state-owned enterprises, sovereigns, and financial services groups,” read a section of the statement.

Ngumi served as the inaugural board chairperson at Konza technopolis Development Authority and as an active and effective board chairperson at the Kenya Pipeline Company Limited.

Currently, he also serves as board chairperson at the Industrial and commercial development corporation.