Michael Joseph to step down

Former Safaricom CEO Michael Joseph

Joseph stated that he still performed some roles for the company which appointed him as its director in 2011.

“I stepped down from a full-time role at Vodafone in December but I do some work for them. The plan is to fully step down from Vodafone and its companies towards the end of this year.

“I reduced my responsibilities at Vodafone so that I could dedicate more of my time with KQ. Also, I have been working for a long time and I think it’s time to slow down a bit,” Mr Joseph was quoted by Business Daily.

The former Safaricom CEO was appointed as theKenya Airways Board Chairman after the resignation of its head, Ambassador Dennis Awori.

Read Also:NEW DAWN FOR KQ AS MICHAEL JOSEPH IS ELECTED CHAIRMAN

Ambassador Dennis Awori has today resigned as Chairman of the Board of Kenya Airways and as Director of the company,” Transport Cabinet Secretary James Macharia said on Wednesday.

“Ambassador Awori has been replaced by Michael Joseph who has extensive international experience and is best known as the founding CEO of Safaricom, which he took from a subscriber base of 1800 to 17 million in a period of just 10 years,” the airline said in a statement.

His appointment came at a when the airline was facing major financial crisis having made major losses ion the previous years.

Joseph is expected to oversee the turnaround of the troubled airline to ensure it gets back to its influential status.

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