Money

Former NSE boss Geoffrey Odundo Appointed as Nation Media Group CEO


Nation Media Group (NMG), East Africa’s largest independent media house, has announced the appointment of Geoffrey Odundo as its new Group Managing Director and Chief Executive Officer (CEO).

The announcement was made by the NMG Board Chairman, Dr. Wilfred Kiboro, on March 10, 2025. Odundo is set to officially assume his role on April 7, 2025, succeeding interim CEO Richard Tobiko, who has held the position since August 2024 following the retirement of Stephen Gitagama.

Odundo brings a wealth of experience to the media giant, having served as the CEO of the Nairobi Securities Exchange (NSE) from 2015 to 2024.

During his tenure at NSE, he spearheaded groundbreaking innovations such as the establishment of the region’s first derivatives market and drove significant growth in investment products.

Prior to this, he held senior leadership roles, including being the first Managing Director and CEO of Kingdom Securities and serving as a Group Executive Adviser at CPF Group.

Dr. Kiboro expressed confidence in Odundo’s ability to steer NMG forward amidst an evolving media landscape.

“I am confident that Geoffrey will strengthen our team and help us deliver on our mandate to the societies we serve,” Kiboro stated.

Odundo holds an MBA in Strategic Management from the United States International University (USIU) and a Bachelor’s degree in Mathematics and Economics from Egerton University. He is also pursuing a Ph.D. in Business Administration at the University of Nairobi.

This appointment comes at a pivotal time for NMG as it seeks to realign its operations with the ongoing digital transformation in the media industry.

Odundo will join forces with Editor-in-Chief Joe Ageyo and other recent recruits to drive innovation and financial success for the company.

Odundo’s extensive background in financial markets and corporate leadership positions him well to lead NMG into its next chapter of growth and transformation.

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