Twiga CEO takes six months leave after new funding round

Peter Njonjo

Twiga Group CEO Peter Njonjo speaks to journalists during a past event.

Photo credit: File | Nation Media Group

Agritech firm Twiga Foods CEO Peter Njonjo has proceeded on a six-month leave just weeks after the firm bagged a new round of funding whose value remains undisclosed, adding onto the $160 million (Sh24.5 billion in current exchange rates) cumulative capital that the firm has raised since its inception in 2014.

In a public notice on Thursday, the firm said that Mr Njonjo would remain on the board of directors during the period, while its chief operating officer Laurent Gouault and chief financial officer Zuber Momoniat will be tasked with heading operational and commercial, and finance and legal functions respectively.

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