Ory Okolloh Replaces Bitange Ndemo in New Safaricom Board Changes

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Ory Okolloh

The Safaricom Board has announced the appointment of Ms. Karen Kandie and Ms. Ory Okolloh as new members of the Board of Directors.

Ms. Kandie has been appointed as the Alternate Director to the Cabinet Secretary of National Treasury and Economic Planning, replacing Eng. Stanley Kamau.

On the other hand, Ms. Okolloh has been appointed as an Independent Director, replacing Prof. Bitange Ndemo.

Both appointments are effective as of 24th February 2023.

Ms. Kandie brings with her more than two decades of experience in strategic leadership and management in the financial services industry.

She is currently the Director, Parastatal Reforms (Financial) at the National Treasury and Economic Planning.

In this role, she leads Parastatal Reforms that aim to make public spending more efficient and transparent. Ms. Kandie holds a Bachelor of Commerce from the University of Nairobi and a Master of Business Administration from Murdoch University in Western Australia.

Ms. Okolloh is a Partner at Verod-Kepple Africa Ventures (VKAV), where she leads and implements investment-related activities, drives expansion, and supports partner companies with strategic and operational issues.

She has extensive experience in corporate operations and serves as a member of several boards, including Thomson Reuters Founders Share Trust, East African Breweries PLC, Deloitte Africa, Stanbic Foundation, and Adecco Group Foundation.

She is also a Trustee at the Van Leer Foundation.

Ms. Okolloh holds a Bachelor of Arts in Political Science from the University of Pittsburgh and a Juris Doctor (JD) degree from Harvard Law School.

In addition to these appointments, the Board has also shared the resignation of Ms. Linda Watiri Muriuki from the Board of Directors, effective from 20th February 2023.