The Board of Kenya Airways have announced appointment of Mr. Dick Murianki as the Acting Group Finance Director replacing Mr Alex Mbugua with immediate effect.The move which is aimed at restoring the fading investor confidence following the airlines record losses posted last year.
Rick Sine, Kenya Airways fleet director, also left the airline a clear indication that Senate’s recommendation on sacking of the airline’s top management was being effected.
Related post; Senate sets Four Tough Conditions For KQ Bailout
Mr Mbugua who was appointed in July 2008 will be well remembered by investors as one of those who strongly defended KQ’s fuel hedging policy and was earlier accused to be among the seniors who had brought the airline to its knees.
Making the announcement, the Chairman of the Board Amb Dennis Awori said that the position will be substantively filled through a competitive interview process to be undertaken in due course.
Mr Murianki is currently the General Manager of KQ Cargo. He has been in the airline industry for over 12 years and has served in various roles in Kenya Airways including as a Finance Manager, Commercial Business Performance Manager and Head of Financial Control.
Prior to joining Kenya Airways, he worked with Ernst and Young Public Accountants for over 8 years in accountancy and business consultancy roles. He holds an MBA from Moi University -Kenya, and a Bachelor of Commerce degree from the University of Nairobi- Kenya.
Nduva Muli exits, Irungu Nyakera Joins the board
Amb Awori also announced the resignation of Mr. Joseph Nduva Muli from the Board and the subsequent appointment of Mr. Irungu Nyakera the Principal Secretary for Transport in the Kenyan Ministry of Transport and Infrastructure as a Board Member.
