Safaricom names Kenyan, Peter Ndegwa, as new CEO

Managing Director of Diageo Continental Europe, Peter Ndegwa has been named as Safaricom’s new Chief Executive Officer.

According to a statement on Thursday, Mr. Ndegwa’s appointment will take effect on April 1, 2020.

Safaricom through its statement, described Mr. Ndegwa as an experienced manager whom the company sought fit to lead Safaricom through its new transformation.

“Peter brings a wealth of experience in General Management, Commercial and Business Strategy, Sales and Finance Operations, having spent over 25 years in various roles within the Financial Services and Fast-Moving Consumer Goods (FMCG) sectors in Africa and Europe,” Safaricom said in a statement by Chairman Nicholas Nganga.

Ndegwa will take over from Former CEO Bob Collymore who died after a long battle with Cancer. Its immediate former CEO Michael Joseph was appointed as the interim CEO.