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Economy

KQ sends finance boss home, retires fleet chief

Mr Alex Mbugua, former Kenya Airways finance director. PHOTO | FILE
Mr Alex Mbugua, former Kenya Airways finance director. PHOTO | FILE 

National carrier Kenya Airways on Tuesday sent home its long-serving finance director, Alex Mbugua, in what was seen as part of a broader initiative to turn around the fortunes of the loss-making company.

Kenya Airways chairman Dennis Awori said Dick Murianki, who served as the general manager for the airline’s cargo business, had replaced Mr Mbugua in an acting capacity until a substantive finance director is recruited.

Rick Sine, the company’s fleet director, also left giving the clearest signal yet that execution of the Treasury’s intention to clear out the airline’s top management is underway.

Mr Mbugua served as the Kenya Airways’ group finance director for eight years having been appointed in July 2008.

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