Some say leaders are born, others argue that leaders are made. Both of these arguments have merit, because some are born to inherit leadership positions, while others toil to get there. Peter Ndegwa is among the latter, achieving his current position of CEO at Safaricom PLC by dint of hard work, excellence, and perseverance.
Born in Kenya in 1969, Peter Ndegwa always had a curious mind while growing up. After attaining a high school from Starehe Boys’ Centre, Ndegwa charged on to achieve a Bachelor’s degree in Economics from the University of Nairobi, and an MBA from the prestigious London Business School. He is also a Certified Public Accountant and a member of the Institute of Certified Public Accountants of Kenya (ICPAK).
In a 30-year career that has not always been rosy, Peter Ndegwa says he drew his inspiration to keep moving forward from his early upbringing, the influence of his teachers, and the guidance of Dr. Geoffrey Griffin, the late founder of Starehe Boys Centre. These foundational experiences have shaped his strong value set and leadership style.
Early Career
Peter Ndegwa kickstarted his career in 1992 at global consulting firm, PwC, where he spent 11 years. Joining as an audit assistant he proved to be an able multitasker, effectively balancing his work with his studies when he later gained admission to the London Business School in 1997. Initially stationed in London, Ndegwa’s good works saw him steadily rise through the ranks until he returned to Kenya in 2002 as an Associate Director and Senior Manager at PwC Nairobi, responsible for the company’s corporate finance and strategy.
Leadership Journey
Ndegwa’s streak of success would continue at East African Breweries Ltd (a Diageo subsidiary, Guinness Nigeria PLC and Guinness Breweries PLC. At East African Breweries Ltd (EABL), he played key roles as the Group Chief Finance Officer, Group Strategy Director, and Sales Director. Ndegwa’s leadership was instrumental in doubling the value of EABL.
An innovative leader, he developed an affordable beer strategy at EABL, resulting in the successful introduction of new brands like Senator beer. This and other achievements earned him the Most Respected Business Award in East Africa five times in a row.
His good work saw him promoted to Managing Director and CEO of Diageo PLC in 2011, where he oversaw operations in 50 countries, spanning Western and Eastern Europe, Russia, the Middle East, and North Africa.
Now at Safaricom PLC, which sits among Africa’s leading communications companies and a trailblazer in mobile payment systems with the globally acclaimed M-PESA, Peter Ndegwa, in general management, commercial and business strategy, sales, and finance operations, has effectively helmed the organisation to expansion and success since he assumed his position in 2020. His transformative approach extends to Safaricom, where he has displayed a passion for delivering value to customers and investing in talent.
Conclusion
Throughout his career, Peter Ndegwa has demonstrated an ability to transform businesses and organizations, delivering superior results. From Diageo to Safaricom, he has showcased a real passion for getting things done, investing in talent, and driving positive change.
By Derrick Deti Kafui – Digital Economy Magazine
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