Michael Joseph joins KQ board in bid to steady faltering airline
Former Safaricom Chief Executive Michael Joseph is set to join the board of Kenya Airways (KQ) after getting the approval of shareholders .
Elections for vacancies in the board were held last month during the company’s Annual General Meeting.
Mr Joseph, 70, is credited with growing Safaricom to the region’s most profitable company, impacting the lives of millions of Kenyans through telecommunication and money transfer services.
He will replace Vincent Rague who has retired and did not offer himself for re-election.
Others directors who shareholders approved for re-election include the Treasury Principal Secretary Dr Kamau Thugge and Transport counterpart, Irungu Nyakera.
KQ chairman Denis Awori noted that the former Safaricom CEO will come in handy in current tumultuous period for the airline.
“Michael Joseph track record is very well known, when he took Safaricom from where it was to where he handed it over to Bob Collymore. I am sure that track record played a very significant part in the nomination that we received for him to get on to the board,” Ambassador Awori commented.