Safaricom has named Esther Masese chief financial officer, effective February 21.
Masese replaces Boniface Mungania, who has been holding the position in an acting capacity since July 2022.
Mungania has in turn, been appointed Director of Public Sector Digital Transformation with effect from April 1, tasked with developing partnerships within the public space and driving digital transformation for both the National and County governments.
“In this role, he will collaborate with key functional owners, including Enterprise, Financial Services, Technology and Business Development to deliver solutions in an agile way,” the telco said.
Waititu joins from the Kenya Commercial Bank (KCB), where she has served as the Director in charge of Corporate Banking since 2021.
Prior to her appointment, the CFO position was occupied in an acting capacity by Boniface Gitonga Mungania, who has substantively moved to the digital transformation department.
“Reporting to the Chief Executive Officer, Esther will be responsible for providing strategic leadership and oversight to Safaricom’s Financial Services Business. She will lead financial services tribes and teams, through the development of financial products, services and solutions for consumers and enterprises,” said Safaricom in a press statement on Wednesday.
She holds a Bachelor of Business Administration degree from the University of East Africa, Baraton and a Master of Business Administration from the University of Liverpool, UK.