Safaricom board director Michael Joseph resigns
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Michael Joseph the founding CEO of the giant telecommunication coma[pany, Safaricom resigns after years of service
Michael Joseph the founding CEO of the giant telecommunication coma[pany, Safaricom resigns after years of service.
Safaricom PLC has announced resignation of Michael Joseph as a director on the company’s board effective August 1, 2023.
Michael Joseph, has played various roles within the company since 2000, including serving as the founding Chief Executive Officer.
“The Board announces the resignation of Mr Michael Joseph as a Director in the Board of Safaricom PLC, with effect from 1″ August 2023,” reads the statement.
“Michael leaves the Board to focus on other ventures in his life including continuing his role as Chairman of Kenya Airways and being a director in various organizations. He will continue to pursue his passions in matters of conservation and community service,” added the Board.
Joseph was the founding CEO of Safaricom. He has served in various capacities at the organization since 2000 including being the General Manager, Chief Executive Officer, Director as well as Chairman of the Board.
He also served as a member and Chairman of various committees of the Board.
During his time at Safaricom, Joseph was instrumental in the company’s growth trajectory, taking it from a subscriber base of less than 18,000 in 2000 to an impressive count of over 17 million subscribers by the time of his retirement in November 2010.
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Reflecting on Joseph’s contributions, Safaricom PLC Company Secretary, Kathryne Maundu, highlighted the deep-rooted connections he fostered within communities, which underpinned the company’s remarkable growth and facilitated the development of innovative products and services.
“It is the deep foundation and connection with the communities that Michael developed that led to the phenomenal growth, development of innovative products and services, ensuring Safaricom became deeply embedded in every bit of our society,”stated Maundu.
Joseph’s legacy within Safaricom is notably associated with the inception and establishment of the Safaricom and M-Pesa foundations.
He leaves the company to focus on various ventures, including his role as Chairman of Kenya Airways and directorships in various organizations.
His ongoing pursuits will encompass interests in conservation and community service.
“The board takes this opportunity to thank Michael for his dedicated service, sound advice and commitment to Safaricom and wishes him the very best for the future,” Maundu added.
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