The Safaricom PLC Board of Directors has today resolved to appoint Mr. Peter
Ndegwa as the company’s Chief Executive Officer effective April 1, 2020. He joins
Safaricom from Diageo PLC where he is the Managing Director of Diageo Continental Europe.
Peter brings a wealth of experience in General Management, Commercial and
Business Strategy, Sales and Finance Operations, having spent over 25 years in
various roles within the Financial Services and Fast-Moving Consumer Goods
(FMCG) sectors in Africa and Europe.
In his current role, Peter oversees the operations of Diageo PLC in 50 countries in
Western and Eastern Europe, Russia, Middle East and North Africa region.
He had previously served for seven years as CEO in Guinness Nigeria PLC and Guinness Ghana Breweries PLC, where he transformed the two operations to deliver a double-digit growth by investing in people, introducing new brands and reorganising the businesses.
Prior to that, Peter served for eight years across a range of senior Executive Director
roles at EABL (a Diageo subsidiary) based in Nairobi. Serving as the Group Chief
Finance Officer (CFO), Group Strategy Director, Sales Director, and as an Executive Director on the EABL Board, he was part of the team that saw the EABL business more than doubled in value – and winning the coveted Most Respected Business Award in East Africa for five years in a row.
Peter is credited with the development of an affordable-beer strategy for EABL
resulting in the production of new brands such as Senator beer. Senator beer became one of the most successful innovations by Diageo that has been featured in the Harvard Business Review. He started his career at PwC, the global consulting firm, where he worked for 11 years.
Peter holds an MBA from the London Business School and a Bachelor’s degree in Economics from the University of Nairobi. He is also a Certified Public Accountant and a member of the Institute of Certified Public Accountants of Kenya (ICPAK).
