Jambojet appoints new Chief Financial Officer

June 27, 2016
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Ndegwa previously worked for Kenya Airways for eight years where he held several positions including Manager Revenue Accounting/FILE
Ndegwa previously worked for Kenya Airways for eight years where he held several positions including Manager Revenue Accounting/FILE

, NAIROBI, Kenya, Jun 27 – Jambojet, the country’s only low cost carrier, has appointed Karanja Ndegwa, as its Chief Financial Officer.

The appointment was effected on June 1, 2016.

Overview
  • The appointment was effected on June 1, 2016.
  • "Ndegwa has been promoted to augment the team as we scale up operations in our current destinations to promote local tourism, to aid county based businesses, as well as prepare to takeoff into new destinations across the region," Jambojet CEO Willem Hondius says.
  • "Ndegwa is not new in this business. He joined Jambojet in 2014 as the Head of Finance, and was responsible for setting up the finance department, said Hondius.

“Ndegwa has been promoted to augment the team as we scale up operations in our current destinations to promote local tourism, to aid county based businesses, as well as prepare to takeoff into new destinations across the region,” Jambojet CEO Willem Hondius says.

“Ndegwa is not new in this business. He joined Jambojet in 2014 as the Head of Finance, and was responsible for setting up the finance department, said Hondius.

Ndegwa previously worked for Kenya Airways for eight years where he held several positions including Manager Revenue Accounting.

During his stay at Kenya Airways, Ndegwa was the Revenue Accounting Manager at Subsidiary Precision Air, in Tanzania. Ndegwa is an economics and statistics graduate from the University of Nairobi as well as a Certified Public accountant.

“We are fortunate and excited that Ndegwa has joined the Jambojet team as he brings a wealth of experience and understanding of the airline industry which will greatly strengthen our team as we continue to build a world class, low cost air transportation network,” Hondius said.

On his part Ndegwa said: “I am delighted to be taking up this role at Jambojet at this very exciting stage of the carrier’s journey, I am looking forward to continue working with the team as we seek to deliver convenient and affordable air transport in this market.”

In the two years of operation, the no-frills low cost brand of Kenya Airways has achieved undeniable business growth; increased numbers of routes from four to seven, increased frequency of flights due to fleet expansion and having have flown over one million passengers.

Jambojet, the low cost brand of Kenya Airways, operates on domestic routes from Nairobi to Mombasa, Eldoret, Kisumu, Lamu, Malindi and Ukunda (Diani).

It set a regional record in 2016 by handling over 1,000,000 customers in less than two years of operation. This number is set to grow as more Kenyans and foreigners appreciate the benefits of low cost flying. About 30 percent of the Jambojet customers were actually first time flyers.

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