May 1, 2019 IBOMLLC Team

Kenya: Government wants the outgoing Safaricom CEO replaced by a local

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Bob Collymore is indeed one of the most well revered and looked up to CEOs in Africa. He is at the helm of Safaricom, the leading mobile service carrier in Kenya, which is also the pioneer of mobile money not just on the continent but the world over.

Well, Collymore tenure is Safaricom is soon coming to its end. The curtains are certainly drawing on his almost decade long career at the telecom company. His contract was supposed to have ended back in 2015 but was further extended by another two years. Come 2017, it was again extended by another two years.

During his second extension, Collymore went on health leave, which left the telecom with an acting CEO for a couple of months. That second extension is reported to be up by August 2019, and it looks like there will be no further extensions. It is believed Collymore will now want to retire because of health reasons.

There are reports that the government of Kenya is routing for a local to head the telco as Collymore’s replacement. If that happens, it will be the first time in …read more

Read more here:: Kenya: Government wants the outgoing Safaricom CEO replaced by a local

      

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