Kenya Airways PLC (KQ) is looking for a new chief executive officer.
The board announced in a press release Tuesday that it has accepted the resignation for personal reasons of KQ chief executive officer and group managing director Sebastian Piotr Mikosz, who has been at the helm for 3 years.
“The Board of Kenya Airways will shortly begin a competitive recruitment process to find Mr. Mokosz’s replacement,” said the airline.
It also clarified that Mikosz will continue to serve in his capacity as CEO and Group MD until 31st December 2019.
On Friday, Mikosz offered to resign from his role five months before his 3-year term comes to an end. “I have made the decision to shorten my contract term and I have decided to resign on personal grounds effective December the 31st of this year. It is my personal decision and I have obviously discussed it with the Board as well as with my family.” read a memo sent to staff.
“Given that we are a listed company we are subject to specific stock exchange regulations. The information I am sharing with you here was already communicated to both the Capital Markets Authority (CMA) and the Nairobi Securities Exchange (NSE) as per the regulations.”