New lease of life? Billionaire & Ex-Sanlam GCEO lands a new job

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Is this the magic Telkom needed? 

Billionaire Mugo Kibati who is the former Sanlam group Chief Executive Officer (CEO) replaces Telkom Kenya French CEO .

Mr Kibati is taking over from Mr Aldo Mareuse who is moving on to pursue other interests having led the company from mid-2016.

Kibati is the immediate former Group CEO of Sanlam Kenya PLC and and also the founding Director General of Kenya’s Vision 2030 Secretariat. He has also served as Group Managing Director and CEO at East African Cables PLC.

Kibati is an Electrical Engineer and holds a Bachelors degree in Technology (Electrical Engineering) from Moi University (Kenya), a Master of Science Degree from the Massachusetts Institute of Technology (USA) and a Master of Business Administration Degree from George Washington University (USA).

He started his career as an Electrical Engineer at Bamburi Cement (LafargeHolcim) in Kenya and also worked as a Market Development Manager at Lucent Technologies in USA.

He is the current chair of the Board of Directors at Lake Turkana Wind Power Limited.

The transition was announced by Mr Eddy Njoroge, the chairman of the Board said

“The Board is very grateful to Aldo for his leadership of the company over the last three years. Notable milestones achieved during his tenure include the expansion of the company’s network by over 50%, successful rebranding of the company to Telkom and rolling out of a 4G network, resulting in the company becoming the data operator of choice in the market. We wish him the very best in his future endeavours,” said Mr Njoroge.

Mugo Kibati said he was delighted to be joining Telkom at a critical moment of its transformation.

“I look forward to working closely with the Staff, Board, Shareholders and all the Company’s Partners to get Telkom to the next level of its development in the near future,” said Kibati.

Adding that he was delighted to be joining Telkom at a critical moment of its transformation.

Whether he will push the brand higher, only time will tell..

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