Telkom Kenya has made changes to its board of directors with the appointment of Eddy Njoroge as the chairman of the board. Njoroge, who is currently the Managing Director of the Kenya Electricity Generating Company (KenGen) and the Chair of the Nairobi Stock Exchange, joins the board of Telkom Kenya as a nominee for France Telecom – Orange.
Commenting on this appointment during the unveiling of the new chairman at Orange’s headquarter in Nairobi, France Telecom-Orange’s Vice President for East Africa, Michel Barré, says that Njoroge brings in new energy as well as immense executive and corporate governance experience to the board at a time when the company is strengthening its leadership and bolstering its provision of quality voice and data services.
“I am very glad with this appointment, more so at this determining point for the company.
In the past three years, Telkom Kenya has overcome several business challenges and I am confident that it is now well poised to take on an even more significant leadership role in Kenya’s telecommunication market as well as develop into a regional hub for Orange in East Africa,” says Njoroge, who served in many companies such as a Director of Stanbic Bank Kenya, Real Insurance Company (EA) Ltd and Proctor & Allan (EA) Ltd.
He is also the Chair of the Investment Committee of Aureos East Africa Fund, a $40 million Private Equity Fund set up in 2002 by CDC, Norfund, IFC and other investors those targets SMEs within East Africa. Njoroge, who holds a Bachelor of Science (Honors) Degree from Makerere University, is also the recipient of several awards honoring his contribution to industry development.
Key among these is the Ordre National du Mérite from the President of France, awarded in April 2006 in recognition of his contribution to the transformation of the energy sector. He has also been conferred the Order of Elder of the Burning Spear (EBS), Kenya’s President Mwai Kibaki.
At a Pan African level, Njoroge is the President of the Union of Producers, Transporters and Distributors of Electric Power in Africa (UPDEA) and Chair of the Kenyan Chapter of the World Energy Council.