Michael Joseph, former Safaricom’s chief executive, is set to join the board of Kenya Airways after shareholders voted on his nomination Thursday at the airline’s Annual General Meeting (AGM).
Mr Joseph now 70, is credited with having grown Safaricom from a lackluster unit of a former State corporation to the region’s most profitable company.
Michael Joseph’s achievements
It is during his tenure as CEO that Safaricom launched the mobile money transfer service, M-Pesa, putting Kenya on the global map of financial services innovation. He is currently in charge of mobile money at Vodafone, Safaricom’s biggest shareholder. He also consults for the World Bank on matters regarding financial inclusivity in developing countries. Effective December 2010, he was appointed Chairman of the Kenya Tourism Board for a period of three years.
The vote result is due October 5 this year and if voted in, Mr Joseph will replace Vincent Rague who is retiring and did not offer himself for re-election.