Former Safaricom chief executive officer Michael Joseph has resigned from his role at as a Safaricom Board Director. His resignation is effective August 1, 2023.
Joseph has previously served Safaricom in various capacities since year 2000 including serving as General Manager, Chief Executive Officer, Director as well as Chairman of the Board. He also served as the acting chief executive officer ahead of the appointment of the current CEO Peter Ndegwa.
Joseph was the founding CEO of Safaricom Limited, steering the Company from a subscriber base of less than 18,000 in 2000 to over 17 million subscribers by his retirement in November 2010 making it the most successful company in East Africa.
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“It is the deep foundation and connection with the communities that Michael Joseph developed that led to the phenomenal growth, development of innovative products and services, ensuring Safaricom became deeply embedded in every bit of our society,” Safaricom said in a statement.
“During his tenure, Michael oversaw the highly successful launch and phenomenal growth of M-Pesa and its related services.”
