Bob Collymore returns to Safaricom

Bob Collymore returns to Safaricom

- in Business, Development, News
Safaricom CEO Bob Collymore.

Safaricom CEO Bob Collymore announced his return to the helm of the telecoms company while reporting a 19.9 per cent increase in net income on Wednesday.

Speaking during their full-year investor briefing, Collymore, who has been on medical leave since October last year, noted that he was making good progress in his treatment.

“I look forward to being back in action in Nairobi soon,” the CEO said as he announced a 10 per cent growth in revenue to Sh224.54 billion.

Safaricom reported a net income growth of 14.1 per cent to Sh55.29 billion for the year that ended March 31.

“To achieve these results, we sharpened our focus on putting our customers first, delivering relevant products and services and organisational effectiveness,” Collymore said.

“[This]¬†strategy was exceptionally executed considering the challenging business climate last year.”

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