Safaricom PLC has today appointed Michael Mutiga as its new Chief Business Development & Strategy Officer effective 1st May 2022, days after its Chief of Special Projects and Acting Chief Business Development & Strategy Officer, Joe Ogutu’s retired.
Mutiga is taking over from an outstanding business leader, mentor and coach to many who has been with the firm for 17 years having joined Safaricom in May 2005 as Chief Corporate Affairs Officer. Ogutu also served as Chief Human Resource Officer and Director – Resources and later on appointed as Director – Strategy & Innovation.
As a new EXCO member, Mutiga will lead Safaricom’s business development and transformation agenda, and will be responsible for Strategic Partnerships, Mergers and Acquisitions, Safaricom’s funding strategy and asset optimization.
However, with over 20 years’ experience in Banking, Michael joins Safaricom from Citibank where he was a Managing Director and Head of Corporate Finance for Sub-Saharan Africa from 2019. Michael was with Citibank for 15 years and has held various senior local and regional management and leadership roles.
Prior to joining Citibank, Michael worked in Barclays/Absa Capital, where he grew from a Management Associate to the Regional Coverage Head – East Africa, Investment Banking Division Africa, a role he held until he joined Citibank in 2006.
He holds a Bachelor of Law Degree from the University of Nairobi, and Masters in Law degree from Temple University. He is an Advocate and a Certified Public Secretary.
Safaricom also recently appointed Stephen Kiptinness as its Chief Corporate Affairs Officer to drive the organisation’s reputation management, public policy, legal and regulatory affairs. Stephen is expected to also drive Safaricom’s corporate investment strategy, oversee its internal and external communications and lead the development of a roadmap that will embed purpose in everything at Safaricom and its stakeholders.