Rose Mambo has been appointed as the chairperson of the Airtel Money Kenya board

Rose Mambo has been appointed to the  Airtel Money Kenya as a chairperson. Her appointment comes soon after Airtel Networks Kenya split its mobile money business into a separate entity known as Airtel Money Kenya Limited following the entry of minority shareholders into the venture.

Ms Mambo was the CDSC chief executive for 12 years.  She served as the head of legal, compliance, and company secretary at the Nairobi Securities Exchange (NSE). She also worked as senior State counsel in the Office of the Attorney General. Ms Mambo holds an MBA from Strathmore Business School, a Master of Laws degree from American University, a Bachelor of Laws degree from the University of Nairobi and a Diploma from the Kenya School of Law. She is also an Advocate of the High Court of Kenya and a Fellow of the Institute of Certified Secretaries of Kenya.

The telco had this to say, “The Board of Directors of Airtel Money Kenya Limited has today appointed Ms Rose Mambo, a seasoned corporate leader, as its chairperson. She brings vast board and management experience and understanding of the Kenyan business landscape.”

The spinoff comes after London-listed Airtel Africa Plc sold a 25.77 percent stake in its local mobile money business as part of a continental deal that has seen it raise $550 million (Sh65.2 billion) from four institutional investors.