It was unprecedented in Kenya that a chief executive could come back to the helm of a firm he led a decade earlier. Never mind that he is still on the board. That shows the power of a founder or pioneer and the beauty of founding a company.
Michael Joseph’s Safaricom return leaves shareholders like me asking if there are no employees of the 20-year old giant telco who could have acted as a CEO. It is unlikely that for all the years Bob Collymore was the CEO, there was no succession plan.