Safaricom Downplays Bob Collymore’s Exit Reports
Safaricom CEO Bob Collymore is not leaving Safaricom, for now.
In a statement on Tuesday, Safaricom Chairman Nicholas Nganga said that the Board has not made a decision on Bob Collymore’s replacement.
“This will be subject of deliberation by the Board and once a decision is made it will be communicated at the appropriate time,” he said in a statement on Tuesday.
Ng’anga said the Board has in place a robust recruitment process that adheres to global best practice in identifying and appointing our senior leadership team.
“I am happy to report that the Board is encouraged by the quick recovery of Bob Collymore who remains firmly in charge,” he added.
Yesterday, Reuters reported that Collymore will leave the company in August. The CEO was reported to leave over health issues, that saw him take a nine-month leave in 2017.
There was no official communication from the company, but it is reported that the company has refused to extend his contract.
“He wants to concentrate on his health so he did not wish to renew his contract,” said one of the staffers, speaking on condition of anonymity as there has been no official announcement.
Collymore told Reuters on Monday he was still in discussions with the board, adding it would make announcements on the chief executive position at a later date.
“I have every confidence that whether I’m here or not, that this company will run … This is an institution. It is not a company which is just ran by a single person,” he said.
It is alleged that a succession row is ensuing, with the government insisting that the next CEO should be Kenyan.