Academic Director - MBA programmes and Director of the Institute of Strategy and Competitiveness
Strathmore University Business
The Golden Age in the Kenyan corporate world was in the early 2000s when homegrown CEOs were at the helm of Kenyan blue-chip companies. During that time, there emerged a narrative that an engineer with a Master of Business Administration (MBA) was a perfect fit for CEO. This is because top Kenyan CEOs were engineers with MBAs.
Lately, the challenge that has emerged concerns how boards replace foreign CEOs with Kenyans. KCB and Safaricom, seen as the heart of corporate Kenya, have faced this challenge. But then, why is CEO appointment board’s most important decision and how is CEO’s succession planning performed in Kenya?
