The Safaricom Board of Directors has announced that Ory Okolloh and Francesco Bianco will be exiting from the company. The exits will take effect from 24 July 2024 and 1 August 2024 respectively. The announcement came was after a board meeting which was held on 24 July 2024.
Okolloh is a Partner at Verod‑Kepple Africa Ventures, where she leads investment-related operations, drives expansion, and supports partner companies with strategic and operational issues. Okolloh replaced Bitange Ndemo as an Independent Director in 2023.
Okolloh serves on various board in Kenya and overseas including serving on the board of East African Breweries PLC (EABL).
Francesco Bianco is the Global Talent, Capabilities and Organisational Development Director at Vodafone and an alternate non-executive director in the Vodacom Group Board. Francesco was appointed to the Vodacom Group Board as an alternate director to Mr Michael Joseph in January 2019 and also appointed as an alternate director to Ms Leanne Wood in July 2019.
The exit was communicated through an announcement by Linda Mesa Wambani, the acting Company Secretary for Safaricom and was approved by the Capital Markets Authority (CMA) as Safaricom is a listed company. The Board will announce their replacement in due course.