John Ngumi [Photo: Business Daily]
Investment banker John Ngumi has resigned as Kenya Airways’ Independent non-executive director.
This is after he was put under probe for allegedly profiteering from the controversial sale of Telkom Kenya.
This is Ngumi’s second high-profile resignation after he quit as Safaricom’s board chairman and director in January just after just five months in office.
Kenya Airways board of directors chairman Michael Joseph also announced the appointment of James David Kabereri, as an independent non-executive director in the interim in Ngumi’s replacement, pending an annual general meeting.
“He brings to Kenya Airways Plc vast experience garnered over 40 years in accounting, finance and business strategy in several industries spanning across both large, complex companies and emerging startups, and in the public and private sectors,” Joseph said.
Kaberia is a qualified professional accountant and a registered member of the Institute of Certified Public Accountants of Kenya (ICPAK). He is currently enrolled for an MSc in Finance and Accounting.
“On behalf of the Board, I congratulate and welcome Mr. Kabeberi to the Board of Kenya Airways Plc and wish him the best in his new role,” Joseph added.
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