LEADERSHIP

Kenya Airways Makes Strategic Changes to Accelerate Recovery

Share
Hellen Mathuka Mwariri Kenya Airways
Mrs Hellen Mwariri Mathuka, KQ's new chief strategy and innovation officer, joined the airline in 2009, and has held various roles in finance. (Photo: PR handout)
Share

Kenya’s national airline Kenya Airways (KQ) has announced a series of strategic appointments and organisational changes aimed at “enhancing operational efficiency and driving sustainable growth.”

The changes, effective 1st September, 2024, are designed to optimise Kenya Airways strategy and operations as it continues its recovery trend gathers speeds.

As part of the new management changes, Kenya Airways has appointed Mrs Hellen Mwariri Mathuka, previously KQ’s Chief Finance Officer, as the new Chief Strategy and Innovation Officer. Mrs Mathuka, who joined the airline in 2009, has held various roles in audit, revenue management, and finance.

In her new position, Mrs Mathuka will oversee the organisation’s strategic direction even as it continues to embark on its turnaround plan Project Kifaru 2.0. strategy, innovation and sustainability, corporate communication, network planning, pricing and revenue management, and government affairs.

Kenya Airways this year made a strong come-back reporting a half-year profit after tax of Ksh513 million, for the first time in a decade from the Ksh21.7 billion loss reported in the similar previous period.  The airline attributed the growth to its strategic turnaround plan, Project Kifaru, which emphasises customer obsession, operational excellence, financial discipline, innovation, and sustainability.

To ensure business continuity, Ms Mary Mwenga has been appointed Acting Chief Finance Officer. Mary brings over 20 years of experience in finance and previously served as Head of Business Performance & Reporting.

“By optimising our internal structures and focusing on strategic areas, Kenya Airways is now better equipped to respond to growing market demands, embrace new opportunities, and sustain our trajectory of growth,” said Kenya Airways Group Managing Director and CEO, Mr Allan Kilavuka.

Mr Kilavuka said the airline’s renewed focus on financial restructuring, cost discipline, and operational efficiency provides a solid foundation for sustainable growth and continued success in the competitive aviation industry.

> Unilever Seeks to Lift Kenyan Women With Business Skills

Written by
KALU MENGO -

Kalu Mengo is a Senior Reporter With Business Today. Email: [email protected]

Leave a comment

Leave a Reply

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

Follow Us

Related Articles
KBA CEO Raimond Molenje
BUSINESSLEADERSHIP

Raimond Molenje Confirmed KBA CEO After Acting for 9 Months

The Kenya Bankers Association (KBA) has announced the appointment of Raimond Molenje...

Mjadala Afrika: What to Know about African Union Leadership Debate
LEADERSHIPNEWS

Mjadala Afrika: What to Know about African Union Leadership Debate

The three official candidates who are vying for the position of Chairperson...

Rahul Dhir Tullow CEO
BUSINESSLEADERSHIP

Tullow CEO Rahul Dhir to Resign Next Year 

Tullow Oil plc (Tullow) today announced that Mr Rahul Dhir will step...

Hannah Njeri Mbugua - Family Bank Director
BUSINESSLEADERSHIP

From Teller to Bank Director: The Rise of Hannah Mbugua in Corporate Kenya

Family Bank has appointed three independent non-executive directors as it moves to...