×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

Safaricom Board seeks nod to retain Michael Joseph as one of board of directors beyond retirement

MPesa Foundation Chairman Michael Joseph during the Safaricom's 15 years celebrations' perfomance by the Safaricom Choir and The Safaricom Youth Orchestra at the Bomas of Kenya,Nairobi. Safaricom wants to retain its former chief executive Michael Joseph beyond the stipulated age of 70 for directors of listed companies to retire. (PHOTO: ELVIS OGINA/ STANDARD)

Safaricom wants to retain its former chief executive Michael Joseph beyond the stipulated age of 70 for directors of listed companies to retire.

Joseph is expected to retire this year in accordance with corporate governance guidelines. But the mobile phone operator has issued a special notice to ask its shareholders to waive the requirement and have him reappointed as director of the company at its Annual General Meeting (AGM) next month.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in