Safaricom House in Westlands, Nairobi. Safaricom has announced the
appointment of Govinder Sateesh Kamath as chief finance officer
effective August 1. PHOTO | FILE
Safaricom has announced the appointment of Govinder Sateesh Kamath as chief finance officer effective August 1.
Mr Kamath has been serving in a similar capacity at Vodacom Tanzania and will replace John Tombleson who has been Safaricom’s finance chief since November 2011.
Safaricom did not disclose the reasons behind Mr Tombleson’s exit.
Newly-gazetted governance code by the capital markets regulator require detailed disclosure of the circumstances of the exit of key executives and directors. READ: Vodacom recalls Safaricom's finance chief
A draft forensic audit report by accounting firm KPMG named Mr Tombleson, alongside four other senior executives as having unprocedurally influenced the purchase of a Sh1.15 billion five-acre piece of land at Nairobi’s Garden City where Safaricom plans to build its headquarters.
The telecommunications firm CEO Bob Collymore has however said the finance chief’s exit is not related to the draft report by KPMG.
Mr Kamath has been serving in a similar capacity at Vodacom Tanzania and will replace John Tombleson who has been Safaricom’s finance chief since November 2011.
Safaricom did not disclose the reasons behind Mr Tombleson’s exit.
Newly-gazetted governance code by the capital markets regulator require detailed disclosure of the circumstances of the exit of key executives and directors. READ: Vodacom recalls Safaricom's finance chief
A draft forensic audit report by accounting firm KPMG named Mr Tombleson, alongside four other senior executives as having unprocedurally influenced the purchase of a Sh1.15 billion five-acre piece of land at Nairobi’s Garden City where Safaricom plans to build its headquarters.
The telecommunications firm CEO Bob Collymore has however said the finance chief’s exit is not related to the draft report by KPMG.
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