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 *

PAST ARTICLES AND INSIGHTS

Related Articles
Pwani Oil Rift Region Regional Route-to-Market Assistant Manager Geoffrey Maina (right) joins his colleagues, Marketing Team Member James Katana (1st left) and South Rift Sales Executive Samuel Macharia (2nd left), in handing over Sawa Milking Jelly products to dairy farmers during a farmer engagement forum under the Sawa nationwide farmer empowerment initiative aimed at promoting improved udder care, mastitis prevention and enhanced milk quality among dairy farming communities.
FEATURED ARTICLE

Sawa Kicks Off Drive Aimed at Curbing Dairy Farming Losses

Sawa Milking Jelly by Pwani Oil has kicked off a nationwide farmer...

NEWS

Mitsumi Expands Into India, Iraq and Morocco in Major Emerging Markets Push

Technology distributor Mitsumi Distribution has announced its expansion into India, Iraq and...

Former DP Rigathi Gachagua. PHOTO/@rigathi/X
NEWS

Gachagua Rejects Ksh50M Compensation, Vows to Appeal Impeachment Ruling

Rigathi Gachagua has made it clear that no amount of money will...

Project Kuiper is Amazon’s low-Earth orbit (LEO) satellite internet system
BUSINESS

Amazon Applies for Licence to Set Up Satellite Earth Stations in Kenya

Kenya’s fast-growing satellite internet industry could soon see a major new entrant...