BOC Kenya, a leading gas company in East Africa has announced the appointment of its new Managing Director.
“The Board of BOC and the Company stand to benefit from Mr. L. Githinji’s breadth of experience and insights gained from working in other global companies across numerous jurisdictions,” read the notice in part.
“The Board of BOC Kenya PLC takes this opportunity to welcome and congratulate Githinji on his appointment.”
Githinji takes over from Joseph Ramashala, who was serving as the acting managing director.
The announcement adds to recent leadership changes made at the company.
BOC Kenya had announced the resignation of its long-serving Finance Director Arthur Kamau who has served the company for 14 years on September 24, 2024.
The new managing director has extensive leadership experience in the industrial, energy, medical, water, extractives, and infrastructure sectors.
Previously, Githinji served as Managing Director of KONE Corporation where he had overall executive responsibility for the KONE business in Kenya and Uganda.
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Profile of new BOC Kenya MD
Prior to joining KONE Corporation, Githinji had worked with Atlas Copco Group for 20 years.
He held different roles during his long tenure with Atlas Copco Group including Global Product Manager based in Belgium, Regional General Manager based in Nairobi and eventually as Managing Director and Regional General Manager East & Central Africa.
Githinji holds a Bachelor of Science Degree in Agricultural Engineering from the University of Nairobi and a master’s degree in strategic management from Daystar University.
Also Read: BOC Kenya Finance Director Resigns After 14 Years
BOC Kenya which was established in Mombasa, Kenya, in 1940, is a leading supplier of industrial, medical and special gases in East Africa.
The company started operations in 1947 in Nairobi and later expanded its wings to Kisumu, Kampala, Mwanza and Dar-es-Salaam.
The Company was listed on the Nairobi Securities Exchange in 1969. BOC Kenya’s portfolio includes dozens of different gases and mixtures, as well as related equipment and services.
The total indicative share trading liquidity for BOC Kenya Limited (BOC.ke) in the past 12 months, as of 1st September 2024, was $463.25K (Ksh67.28M). An average of $38.6K (Ksh 5.61M) per month.
The Board of directors declared an interim dividend of Ksh 2.50 per share for the six-month period ended 30 June 2024 (compared to 2023 when no interim dividend was paid).
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