Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
Ngunze was initially set to take over from Titus Naikuni in December/FILE

Kenya

Ngunze to take over at KQ earlier than planned

Ngunze was initially set to take over from Titus Naikuni in December/FILE

Ngunze was initially set to take over from Titus Naikuni in December/FILE

NAIROBI, Kenya, Sept 22 – Mbuvi Ngunze will take over as Kenya Airways Chief Executive Officer on November 1, 2014, a month earlier than expected date.

This is after the Kenya Airways Board accepted the resignation of Titus Naikuni as the Director and CEO of the national carrier with effect from October 31, 2014.

Ngunze was initially set to take over from Titus Naikuni in December.

Naikuni is leaving the airline after 11 years of service.

He is headed to chair the Rift Valley Railways'(RVR) Board of Directors with effect from November this year.

Naikuni will head a board that has been reconstituted following recent shareholder restructuring at the regional rail operator.

His appointment comes at a time when RVR is at the midpoint of a Sh25 billion capital investment and turnaround programme that began in January 2012 to revitalise the rail firm that had been ailing from years of neglect and underfunding.

Naikuni joined the Kenya Airways as group CEO in 2003 and spearheaded growth in one of the most noteworthy African airline.

Prior to joining the national carrier Naikuni was Group Managing Director of the Magadi Soda Company.

In 1999 he was appointed Permanent Secretary in the Ministry of Information, Transport and Communication as part of a team of experts engaged by government to drive economic reform.

Advertisement. Scroll to continue reading.

His extensive boardroom experience spans the energy, mining, real estate, banking, film, manufacturing and ICT sectors.

Click to comment
Advertisement

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...

Headlines

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

Kenya

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

Coronavirus

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

Coronavirus

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