In Summary
  • The CEO will now leave the telco in 2020.
  • Mr Collymore took a medical leave in 2017 to fight cancer and it is understood that he wants to exit the firm.
  • Last month, Reuters reported that a row had erupted at the giant telco after the Kenyan government insisted that Mr Collymore should be succeeded by a Kenyan.

Safaricom has extended Bob Collymore’s contract by a year to compensate for the time he was away on medical leave.

The CEO will now leave the telco in 2020.

"I am not going anywhere. I will be here for another one year till 2020," Mr Collymore, who was in a bubbly mood, said on the sidelines of the shared value event in Nairobi.

The move now postpones transition at the listed firm that posted Sh63-billion profit last year.

The Guyanese-born British citizen took a medical leave in 2017 to fight cancer.

SUCCESSOR

Last month, Reuters reported that a row had erupted at the giant telco after the Kenyan government insisted that Mr Collymore should be succeeded by a Kenyan, delaying the announcement of his replacement.

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