Safaricom #ticker:SCOM has hired the managing director of Citi Bank to be in charge of strategy and acquisitions, underlining the telco’s quest to get a larger share of the financial services market.
Mr Michael Mutiga who is Citi’s managing director and head of corporate finance for sub-Saharan Africa from 2019 will be the new chief business development and strategy officer according to an internal memo seen by Business Daily.