Safaricom has appointed Michael Mutiga as the new chief business development and strategy officer, in new changes issued by the firm’s chief executive officer Peter Ndegwa.
Mutiga's appointment follows the retirement of Joe Ogutu's on May 1.
In the announced changes, Ndegwa said Mutiga will lead Safaricom’s business development and transformation agenda, and will be responsible for Safaricom’s funding strategy and asset optimization.
Mutiga joins Safaricom from Citibank where he was a managing director and head of corporate finance for Sub-Saharan Africa from 2019.
He was with Citibank for 15 years and has held various senior local and regional management and leadership roles.
Prior to joining Citibank, Michael worked in Barclays/Absa Capital, where he grew from a Management Associate to the Regional Coverage Head – East Africa, Investment Banking Division Africa, a role he held until he joined Citibank in 2006.
He holds a Bachelor of Law Degree from the University of Nairobi, and Masters in Law degree from Temple University. He is an Advocate and a Certified Public Secretary.
