Connect with us

Hi, what are you looking for?

Capital Business
Capital Business


Les Baillie to retire from Safaricom

NAIROBI, July 1 – Mobile operator Safaricom has announced the retirement of its Chief Financial Officer Les Baillie.

A statement from the company indicates that Baillie\’s position would be filled by Chris Tiffin with effect from August 25th, 2008.

Baillie will however remain with the Company until his retirement in 2009 as Chief Investor Relations Officer reporting to the Chief Executive Michael Joseph.

He will also continue to serve in his capacity as Chairman of the Safaricom Foundation.
Baillie has been Safaricom since 2000 and has led it through three financing exercises including the recent highly successful initial public offer (IPO). His move to the Investor Relations docket is expected to ensure continuity of service to the investor and financial community.
According to the statement the early appointment of Tiffin will create sufficient time for a successful handover that will ensure there is no detrimental effect on the Company or its shareholders.
Tiffin joins Safaricom from Celtel Nigeria where he has served as Chief Financial Officer since 2004.
Prior to taking up his current position he was the Financial Analyst and Financial Manager with Tracker Network (PTY) Ltd South Africa and prior to that held various financial positions with Vodacom (PTY) Ltd in South Africa.
Tiffin is a Chartered Accountant and married with two chilren.

Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...