NAIROBI, Kenya
Kenya Airways has a new chief executive. Mr Mbuvi Ngunze, who is the airline’s current chief operating officer, will take up the role of group managing director and CEO of the national carrier from Titus Naikuni who has served for 11 years.
Mr Naikuni, whose stay was extended by a year to give the board time to get his successor, will be retiring at the end of November this year. The yearlong search for an MD was led by Spencer Stuart Ltd, an international executive search firm.
The board chairman, Mr Evanson Mwaniki, said: “I am happy that the board has finally reached a unanimous decision on this matter.”
Mr Ngunze will take the helm from December 1 this year. “The board will lend its full support to Mr Mgunze in leading all of the KQ team in running the company business,” said the chairman. He said the board had initiated the process of hiring a new CEO in the shortest time possible.
Mr Mwaniki added: “On behalf of the board of directors of Kenya Airways, I also wish to take this opportunity to call for your full support for Mbuvi Ngunze as he takes over the leadership of the company’s day to day affairs, and to wish Dr Naikuni and his family Godspeed as he prepares to go into his retirement.”
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