FEATURED STORY

Safaricom Picks Insider as Interim CFO

Share
Safaricom House in Westlands. The new Safaricom CEO, Peter Ndegwa, will not usurp his role until April 1, 2020. www.businesstoday.co.ke
Safaricom House in Westlands. Company has appointed interim CFO.
Share

Safaricom has appointed its Head of Investor Relations, Ilana Darcy as the interim Chief Finance Officer (CFO) following the elevation of Sateesh Kamath to CFO, Vodafone Business.

Ilana will assume her new role on July 1 and will be tasked with overall financial planning, management, and oversight of the organization

She joined Safaricom in 2017 as Head of Finance Planning and Investor Relations. She previously worked as CFO for Digicel Group in Vanuatu, South East Asia. Prior to that, she worked as the Group Finance Manager, Asia Pacific, based in Singapore.

Her resume also includes various positions such as Contract Finance Manager for Unilever, Ireland, and Financial Controller for Bird Eye in Ireland.

During her stint as the Head of Investor Relations, Darcy played a key role as the company achieved several milestones. She helped strengthen the firm’s stock attractiveness by overseeing the growth of the company’s share price from Ksh18.57 to the current Ksh28.90.

She helped deliver the Hyperion Project that saw Safaricom move from the manual to a system-generated style of reporting, leading to greater efficiencies.  

She holds a Bachelor of International Commerce with Italian from the University College Dublin and is a member of the Chartered Institute of Management Accountants.

Safaricom CEO Peter Ndegwa said the company hopes to tap into 20 years experience including 13 at senior level spanning over three continents.

“Ilanna has more than 20 year’s experience, 13 at senior level, and has worked across three continents in the retail, FMCG and telecommunications sectors,” Ndegwa said.

See Also>>> Kenyans to be Locked Out of EU as Bloc Closes in Border Reopening

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
John Okulo poached from KCB to become Sidian Bank CEO
BUSINESSNEWSSMART MONEY

Sidian Bank Picks on John Okulo from KCB Group as its New CEO

Sidian Bank, a hitherto colourless Tier II lender, has appointed John Okulo...

GCF PHOTO
BUSINESSECONOMYNEWS

KCB Bank Kenya to Get US$96.9M (KSh 12.5B) Facility from Green Climate Fund

KCB Bank Kenya has received approval for a $96.9M (KSh. 12.5B) financing...

I&M Bank
BUSINESSNEWSSTOCKS

I&M Group Plc Posts KSh 19.8 Bn in Net Earnings in 2025

I&M Group Plc, a leading Eastern African lender with a presence in...

CBK headquarters in Nairobi
BUSINESSECONOMYMARKETSNEWS

CBK Floats T-Bonds Worth KSh 60 Bn in March-April For Budget Spending

CBK(Central Bank of Kenya) invites bids for two long-term Treasury Bonds worth...