Kenya Airways Declares Chief Finance Officer Position Vacant After Ksh12 Billion Loss

Kenya Airways is recruiting a Chief Financial Officer to steer its financial recovery and growth after reporting a Ksh 12 billion loss after tax for the first half of 2025.

The office holder will oversee financial planning, reporting, treasury, tax, and investor relations, while ensuring strict compliance with regulatory and governance standards.

“Kenya Airways is seeking a visionary Chief Finance Officer to provide strategic leadership over the airline’s financial health, long-term sustainability, and growth,” read part of the Kenya Airways advertisement.

On August 30, Kenya Airways appointed Ms Mary Mwenga as the Acting Chief Financial Officer.

She had held several positions in the Company, including Acting Head of Supply Chain & Facilities and Head of Finance.

Until her appointment, Mwenga served as the Head of Business Performance & Reporting at the Company, reporting to the CFO.

Key Responsibilities of the Kenya Airways CFO

The Kenya Airways Chief Finance Officer will be expected to carry out the following roles:

• Provide strategic oversight of all financial management, including planning, reporting, treasury, and tax.

• Lead the formulation and execution of financial strategies that drive growth, profitability, and stakeholder value.
• Ensure compliance with statutory and regulatory obligations while upholding world-class governance and reporting standards.
• Oversee corporate finance, investor relations, and engagement with key stakeholders, including regulators, auditors, and financial institutions.
• Guide and develop the Finance team, ensuring capability, integrity, and excellence in delivery.

Qualifications & Experience

The advertised position requires the following qualifications to be met.

Also Read: Kenya Airways Posts KSh12 Billion Loss, LSHS Put Up for Sale, CBK Invites Kenyans to Invest in KSh60B Bonds

• Bachelor’s degree in finance, Business, or related field; a master’s degree is an advantage.
• Professional certification (CPA, ACCA, or CA).
• Minimum 15 years’ senior-level experience in finance or accounting, with proven leadership in corporate strategy and financial management.
• Strong knowledge of IFRS reporting, corporate governance, and financial systems.
• Proven track record in leading finance functions across regional and/or global markets, including managing multi-currency environments and diverse stakeholder groups.
• Experience in the airline or transportation industry is a valuable asset.

How to Apply

Qualified applicants are expected to submit their CVs and supporting documents via the Kenya Airways recruitment portal. 

Kenya Airways Posts Ksh 12.15 billion Loss in H1 2025

Kenya Airways (KQ) returned to the red after posting a loss of Ksh 12.15 billion after tax for the first half of 2025, a sharp reversal from the Ksh 513 million profit recorded in the same period in 2024.

The airline’s total income for the six months ended June 2025 decreased to Ksh 74.5 billion, down from Ksh 91.5 billion in June 2024, reflecting a decline in revenue amid challenging operating conditions.

Also Read: Different Meal Options Offered by Kenya Airways and How to Book Them

Total operating costs decreased slightly to Ksh 80.7 billion, down from Ksh 90.2 billion, representing a year-on-year reduction of about Ksh 9.45 billion.

Despite this reduction, the airline recorded an operating loss of Ksh 6.24 billion, compared to an operating profit of Ksh 1.3 billion in H1 2024.

Additionally, passenger numbers decreased by 14% to 2.2 million, while available seat kilometers (ASKs) declined 16% to 6.72 billion, accompanied by a 19% decrease in revenue passenger kilometers (RPKs).

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