Safaricom confirms Collymore resignation but say decision yet to be made

Kenya’s leading telco has reacted to media reports on the impending departure of CEO, Bob Collymore, saying the board is yet to decide on the matter.

Below is the full statement by Safaricom’s board chairman:

Our attention has been drawn to the story published on April 29th, 2019 by Reuters News Agency regarding the position of CEO at Safaricom PLC.

At the onset, I would like to state that the Safaricom PLC Board has not made a decision on the matter. This will be subject of deliberation by the Board and once a decision is made it will be communicated at the appropriate time.
For clarity, the Board has in place a robust recruitment process that adheres to global best practice in identifying and appointing our senior leadership team.
Finally, I am happy to report that the Board is encouraged by the quick recovery of Bob Collymore who remains firmly in charge and is doing a great job of leading our company and delivering on our purpose of Transforming Lives.
Nicholas Nganga,
Chairman, Safaricom PLC


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