Julius Kangogo Kipngetich [Photo/BizNis Africa]
Uchumi Supermarkets Chief Executive Officer Julius Kangogo Kipngetich has been appointed as the companies new independent non-executive director of The Standard Group.
“The Board of The Standard Group PLC is pleased to announce the appointment of DR. JULIUS KANGOGO KIPNGETICH CBS, EBS, as an Independent Non-Executive Director with effect from 7th October 2017,” the company announced today.
The company was also rumored to have shortlisted some of the possible replacements for the position.
Joe Odindo who is the current Managing Editor, Joe Munene (Standard Media Head of Broadcast), Conrad Nkutu (Uganda), Cyril Nabutola, Dr Githinji Gitahi (AMREF), Julius Kipngetich (Uchumi), Tom Mshindi of Nation Media or Wachira Waruru of Royal Media were among the potential replacements rumored.
Kipngetich appointment comes with a lot of experience after he servied as the Director and Chief Executive Officer of Kenya Wildlife Service, the Managing Director of Investment Promotion Centre and Chief Operating Officer of Equity Group Holdings Limited to name a few.
This has been seen as a major step for the company which has been rumoured to be undergoing major restructuring