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Chief Executive Officer of Safaricom (2020–present)
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Dr. Peter Ndegwa, CBS CEO @safaricomplc | 1st Kenyan to lead 🇰🇪’s biggest telco Ex–MD @ Diageo Europe, CEO @ Guinness Nigeria & Ghana Led Safaricom to $1B+ EBIT & launched Safaricom Ethiopia FY25 Earnings: $2.2M (incl. bonus, EPSAP & non-cash perks) MBA – London Business School | CPA | Hon. PhD CBS Awardee | Chancellor – Meru University Values: Integrity | Simplicity | Purpose-driven growth
First Kenyan CEO of Safaricom
Safaricom CEO Peter Ndegwa earned $2.2 million in total compensation for the year ended March 2025, a 17% increase from the previous year. Ndegwa’s record compensation included a KES 98.7 million ($765,100) salary, a KES 116.7 million ($904,600) bonus, KES 33.5 million ($259,187) in non-cash benefits, and KES 45.3 million ($351,155) through Safaricoma’s Employee Performance Share Award Plan (EPSAP). While Safaricom’s disclosures do not specify the details, such non-cash perks could cover school fees, housing, club memberships, and cars in Kenya.
News articles featuring Peter Ndegwa
Non-Cash Benefits Valued at KES 33.5 Million ($259,187) Ndegwa also received significant non-cash perks, potentially covering school fees, housing, vehicles, and club memberships, though Safaricom did not disclose specifics.
