Safaricom has significantly expanded the responsibilities of Caroline Wambugu, appointing her as the new Group Lead for Finance Controls, Performance and Investor Relations. This broadened role now encompasses financial controlling, reporting, treasury, tax, shared services, and credit collections.

• This appointment follows Vodacom's acquisition of a 15% stake in Safaricom, making them the majority shareholder.
• The key person involved is Caroline Wambugu, who previously held the title of Head of Financial Planning, Analysis and Investor Relations.
• The timing of this change is particularly interesting given the recent shift in Safaricom's ownership and its implications for financial reporting and governance.