Interim Safaricom CEO MICHAEL JOSEPH speaks on chances of a Kenyan succeeding BOB COLLYMORE

Wednesday, July 03, 2019 - Michael Joseph was appointed Interim Safaricom Chief Executive Officer (CEO) following the demise of Bob Collymore to guide the company before a permanent replacement is appointed.

Joseph served as Safaricom’s first Chief Executive from 1999 to November 2010 when he was succeeded by Collymore.

According to reliable sources, there’s a vicious tag-of-war between the Government and the Safaricom board as far as the appointment of a new CEO is concerned.

The Government is pushing for a Kenyan to take over while the Safaricom board is keen on a foreigner.

And Joseph has hinted that the new CEO is likely to be a foreigner stating that the top Kenyan managers at Safaricom are not ready for the top job.

Speaking during an interview, Joseph said: “Safaricom is a very special company, you just don’t put anybody a CEO because they are there. “

“It has to be somebody special who could continue the role. At this point we (the board) thought that none of the ex-com (Executive Committee) were ready for this role today,” Joseph said in the Tuesday interview.

“When we (the board) knew his contract ends in August of this year, we started the process of looking for his successor.”

“We extended Bob’s contract for a year so that we could extend the search.”

“So with Bob going so suddenly it precipitated many things and one of them was the board deciding to temporary putting me as interim CEO,” Joseph explained.

Collymore’s extended one year tenure was also to allow the board time to address concerns as to whether the to pick a Kenyan successor.

“It was a worldwide search including people in Kenya and eventually we came to very short list.”

“We came to a decision, but we never executed the decision because there was concern as to whether the successor to Bob Should be a Kenyan or not.”

“That is why we asked Bob to stay for another year while we sought of thought about how we could do it.”


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