Michael Joseph has been given three more years as Kenya Airways Chairman.
The re-election of Joseph paves way for another term after completion of his tenure.
He is now tasked with improving the financial position of the firm as it seeks to increase its productivity in the coming years.
His re-appointment came during the 43rd Annual General. The shareholders also re-appointed Chairman Kenya Pipeline Company John Ngumi to the board as a member.
Joseph has been at the helm of power since October 2016 after he was handed a three year contract by the shareholders.
One of the greatest achievements of Joseph is the reduction of the loss from Sh25 billion reported in 2015 to Sh7.5 billion in the last financial year.
While accepting the re-appointment as the chairman of the airline, Joseph said that the firm is geared towards improvement of its results.
He promised to perform even better after being given the chance to serve for another term in office. The firm has been struggling with financial issues before the appointment of Joseph to the post.
“On a year on year comparison of 12 months, we managed to reduce our operational loss by Sh2.263 billion between 2017 and 2018.
"This, however, does not immediately jump out of our audited results since we changed the reporting periods, thereby making a comparison of 9 month in 2017 to 12 months in 2018,” he said in part, as quoted by Capital FM.