Safaricom has appointed its head of investor relations, Ilanna Darcy, as its new Chief Finance Officer (CFO) in an interim capacity effective July 1, 2020.
Ms Darcy joined Safaricom in February 2017 as the head of Finance Planning, Analysis and Investor Relations.
He added that as the head of investor relations, Ms Darcy, a graduate of the University College Dublin, has helped strengthen Safaricom’s position as a stock of choice in the international investment community.
Safaricom's net profit for the full year that ended March 2020 jumped 19.54 per cent to Ksh74.7 billion ($747 million) on strong M-Pesa and mobile data revenue growth that offset a decline in voice and messaging (SMS) revenues.
During the period, Safaricom's M-Pesa revenue grew by 12.6 per cent to Ksh84.44 billion ($844.4 million) as mobile data revenue increased by 12.1 percent to Ksh40.67 billion ($406.7 million).