FEATURED STORY

Polycarp Igathe To Rubis: Fake News Gets Kenyans Talking

Share
Nation Media Group (NMG)-owned NTV also confirmed that a widely circulated image featuring a news-bite on Igathe's appointment was fake. [Photo/ Mwakilishi]
Nation Media Group (NMG)-owned NTV also confirmed that a widely circulated image featuring a news-bite on Igathe's appointment was fake. [Photo/ Mwakilishi]
Share

Polycarp Igathe was the name on everyone’s lips this week after fake reports emerged indicating that he was set to take over as CEO of Rubis Energy Kenya following the reported deportation of Jean-Christian Bergeron to France.

Importantly, Rubis denied the State’s stance that Bergeron was deported. The company maintains that Bergeron traveled to France to brief the Head Office on the fuel crisìs in Kenya. It also sought to distance itself from allegatíons of hoárding.

“The gap in the supply of fuel has been triggered by various factors but one of the least publicised is the spike in local demand over the last three months evidenced by our daily retail sales,” Rubis noted.

Igathe is currently the Chief Commercial Officer at Equity Group Holdings Limited.

Nation Media Group (NMG)-owned NTV also confirmed that a widely circulated image featuring a news-bite on Igathe’s appointment was fake. In a pointer to the impact misinformation has, countless Kenyans had already rushed to their social media accounts to share diverse opinions on Igathe’s career and the supposed ‘appointment’.

READ>>Rubis CEO Jean-Christian Bergeron Under Siege For Hoarding Fuel

Bergeron was on the spot for allegedly overseeing the hoarding of fuel while several other major oil marketing firms are also facing investigations and penalties including reductions of their import allocations. The country has been grappling with the worst fuel shortage in a decade, while the government and oil marketing firms tussle over unpaid subsidies and alleged hoarding.

Igathe has loads of experience in the oil sector and previously served as MD of Vivo Energy Kenya between 2013 and 2017. He then jumped into politics and was elected Deputy Governor of Nairobi, with Mike Sonko as Governor – but ended up resigning less than a year into the job amid reports of an untenable working relationship between the two.

He soon found himself back in the corporate world, joining Equity Bank as Chief Commercial Officer in 2018. He returned to Vivo as EVP in 2019.

Prior to his initial stint at Vivo in 2013, he had worked as Regional Managing Director of Tiger Brands. His ability to always find himself a top corporate job has made him an inspiration for memes and more from Kenyans online, with many asking for his secret.

READ>>Petrol Hits Ksh144 Per Litre as Fuel Shortage Bites

 

 

Written by
BUSINESS TODAY -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

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

Follow Us

Related Articles
Affordable Housing Project
FEATURED STORY

Govt Puts Up For Sale 4,888 Affordable Housing Units: Here’s The Full List And How To Buy

The government has put up for sale 4,888 affordable housing units across...

Geraldine Sande, Channel Sales Leader for Schneider Electric East Africa
FEATURED STORY

How Working With ‘Glocal’ Original Equipment Manufacturers Can Empower East Africa’s Channel Partners For Success

Channel partners in East Africa, including resellers, distributors, system integrators and panel...

Treasury CS John Mbadi
FEATURED STORY

Understanding Tax Amendment Bills: How The New Laws Will Affect Kenyans

The government has announced several amendments to the existing tax laws to...

Prime Cabinet Secretary and Cabinet Secretary for Foreign & Diaspora Affairs
FEATURED STORY

Inside Kenya’s 60 Years of Diplomatic Journey

Kenya is set to commemorate 60 years of diplomacy this week starting...