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Telkom Kenya has appointed Mugo Kibati as its new chief executive in another change at the firm that has witnessed a significant turnover at its top office.
The change has seen Aldo Mareuse, a French national serving as the CEO since mid-2016, exit after just two years.
Telkom said Mr Mareuse “is moving on to pursue other interests” but did not give any other details.
“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 per cent, successful rebranding of the company to Telkom and rolling out of a 4G network,” said board Chairman Eddy Njoroge.
This makes Telkom the first company to have a Kenyan CEO among the three mobile operators in the country.
Mr Kibati, former CEO of insurance firm Sanlam Kenya has held other senior leadership positions in the public as well as the private sector, including being the founding director general of Vision 2030 Secretariat and CEO at East African Cables.
He is an electrical engineer and holds a B. Tech (Electrical Engineering) degree from Moi University, a Master of Science from the Massachusetts Institute of Technology (USA) and a Master of Business Administration Degree from George Washington University, also in the US.
He started his career as an electrical engineer at Bamburi Cement and also worked as a market development manager at Lucent Technologies in US.
Kibati has also held non-executive board positions in various institutions and is currently the chairman of Lake Turkana Wind Power.