Jambojet Board Appoints Chief Financial Officer Acting Managing Director

Jambojet appoints Karanja Ndagwa as acting MD

Regional low-cost carrier Jambojet has appointed Karanja Ndegwa as its acting Managing Director effective May 1, 2020.

He is currently the airline’s Chief Financial Officer, will take on the new role until a substantive Managing Director for Jambojet has been recruited and appointed.

Mr. Ndegwa takes over from Mr. Allan Kilavuka, who was appointed the Kenya Airways Plc Group Managing Director and Chief Executive Officer. Mr. Kilavuka will continue serving on the Board of Jambojet as a Non-Executive Director.

“We are grateful Mr. Ndegwa has accepted to continue serving as the Chief Financial Officer even as he takes on the new role of acting Managing Director. We wish to thank Mr. Kilavuka for his dedication and service to Jambojet,” said Vincent Rague, Chairman, Board of Directors, Jambojet.

Mr. Ndegwa is a graduate of Economics and Statistics from the University of Nairobi as well as a Certified Public Accountant. He has over 20 years’ experience in the aviation industry, 12 of which have been in leadership positions.

Prior to joining Jambojet in 2014, he worked at Kenya Airways in different capacities, rising to the position of Manager – Revenue Accounting. He served as the Head of Finance at Jambojet, before being appointed the Chief Financial Officer of the airline in 2016.

Mr. Ndegwa has been instrumental to Jambojet growth, setting up the finance organization during Jambojet’s inception and has been involved in strategy development and implementation. His key strengths are in financial planning and reporting, airline business/commercial strategy, capacity building, strategic management, and revenue management.