Nation Media Group appoints Joseph Muganda new board chairperson

Nation Media Group PLC (NMG) has appointed Joseph Muganda as the new Chairman of its Board of Directors, taking over from Dr. Wilfred Kiboro, who will be retiring during the company’s Annual General Meeting slated for June 27, 2025.

The announcement was made by NMG Company Secretary Angela Namwakira in a statement released Friday.

“The Board of Directors of Nation Media Group PLC is pleased to announce that Mr. Joseph Muganda has been appointed to take over the role of Chairman of the Board of Directors of Nation Media Group PLC from the long-serving Chairman, Dr. Wilfred Kiboro,” Namwakira stated.

Muganda joined the board on November 1, 2024, and brings with him extensive experience spanning over three decades in executive leadership across Africa and the UK.

He previously served as Group CEO of NMG from 2015 to 2018, and held top roles at VIVO Energy Kenya, Kenya Breweries Limited, and British American Tobacco.

“Muganda is an accomplished business leader with an illustrious career and vast experience gathered from over three decades of service,” Namwakira noted.

He currently chairs the Board of Stanbic Bank Kenya and serves on several other corporate boards.

He holds an MBA from the University of Leicester and a B.Sc. in Accounting and Financial Management from the University of Buckingham.

Dr. Kiboro will be stepping down after serving as Chairman since 2009, and as a non-executive director since December 2006.

 He first joined the Group in 1993 as Managing Director of the Nation Newspapers Division and later became Group CEO in 1995, a position he held for over a decade.

During his tenure, he spearheaded the transformation of NMG from a single-market print media organisation into a regional multi-platform media powerhouse with operations in Kenya, Uganda, and Tanzania.

He also led the Group’s shift to digital media and the adoption of modern newsroom practices.

“His time at NMG has been defined by his steadfast commitment to media freedom, journalistic integrity, public interest and organizational accountability,” Namwakira said.

“He also championed development of talent across the Group.”

As a staunch defender of editorial independence, Dr. Kiboro emphasized the role of journalism in safeguarding truth, ensuring that NMG’s content remained credible and guided by high ethical standards.

“The Board, Management and Staff of Nation Media Group PLC are grateful to Dr. Kiboro for his long and dedicated service, commitment and contribution to the Group and wish him well in his retirement and future endeavours,” the company said.

Muganda is expected to steer the board through the next phase of NMG’s strategic evolution amid a dynamic media environment and changing consumer behaviours.