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Safaricom shakes up top management

KCB Corporate Banking director Esther Masese has been named Chief Financial Services Officer.

by Editor
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These appointments are expected to bring a wealth of experience and expertise to the Safaricom leadership team

In the new appointments announced by CEO Peter Ndegwa yesterday, KCB Corporate Banking director Esther Masese has been named chief financial services officer effective February 21 and will be tasked with providing strategic leadership and oversight to the telco’s financial services business.

Prior to joining KCB, Ms Masese had a 10-year stint at Stanbic bank having joined the lender in 2011 as the East African head of transactional products and services. She has also previously worked at Stanchart and at Commercial Bank of Africa, which merged with NIC Bank to form NCBA.

She holds a Bachelor of Business Degree from the University of Cape Town.

The appointments come just a week after Safaricom named lawyer Adil Khawaja as its new board chairman following the exit of retired President Uhuru Kenyatta’s ally, John Ngumi.


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