Sateesh Kamath, Safaricom CFO will take up a new role at Vodafone Business as the Chief Financial Officer reporting to Vodafone CEO, Vinod Kumar.
Kamath was with Safaricom for four years a period in which he is lauded for having played a critical role in growing shareholder value and making the company future fit.
“He is credited with among many other achievements, helping to build Safaricom Shareholders’ value by 50% to KES 1.2 trillion,” CEO Ndegwa said.
The CFO held a critical role in completing the Mpesa Joint Venture acquisition from Vodafone and purchasing an essential spectrum. Additionally, Ndegwa revealed that Kamath was key to the company’s transition from Bob Collymore.
Before his experience in Safaricom and Vodafone in East Africa, Sateesh Kumash had spent ten years in Vodafone, leading various finance teams. He also sat on various boards in Safaricom PLC, Vodacom Tanzania, and Helios Towers.
He has a Bachelor of Commerce degree from India’s Mahatma Gandhi University and a corresponding management leadership program from London Business School.
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