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NMG Announces New Appointments to Its Board of Directors

William AbalabyWilliam Abala
May 6, 2024
Reading Time: 4 mins read
Nmg

Nation Media Group Building front office. PHOTO/COURTESY

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Nation Media Group (NMG) has announced a quartet of qualified professionals slated to join its Board of Directors, effective May 2, 2024.

The newly appointed persons are expected to bring a wealth of expertise across diverse sectors, poised to steer the media company towards new heights. 

Spearheading the list is Sultan Ali Akbar Allana, appointed as a Non-Executive Director of the company.

Allana boasts a career spanning four decades, notably as the Head of Financial Institutions Group at the Aga Khan Fund for Economic Development (AKFED).

His background in retail, corporate, and investment banking, coupled with his role as Chairman of Pakistan’s largest commercial bank, Habib Bank Limited (HBL), positions him to NMG’s strategic vision.

Nmg
NMG CEO Stephen Gitagama. PHOTO/COURTESY

NMG List of Appointees

Recognized for his commitment to financial inclusion, Allana’s accolades include awards bestowed by the Pakistani government.

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Joining Allana is Fayyaz Nurmohamed, appointed as another Non-Executive Director of Nation Media Group. 

With a tenure of nearly 25 years serving as the Director of Communications for His Highness the Aga Khan and the Aga Khan Development Network (AKDN), Nurmohamed brings expertise in global communications strategy.

His previous role includes coordinating policy, strategy, and planning across various AKDN agencies.

Another addition to the Board is Nancy Matimu, appointed as an Independent Non-Executive Director of the company effective May 2, 2024.

Matimu’s career spans leadership roles in multinational corporations such as MultiChoice Kenya and Mastercard, where she led in marketing and business development.


Also Read: Ruto Appoints Former NMG MD Tom Mshindi as KBC Boss

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Experience and Innovation

According to NMG, her extensive board experience and commitment to educational initiatives position her as a catalyst for innovation and growth within NMG.

Completing the ensemble is Richard Tobiko, appointed as an Alternate Director to Mr. Stephen Gitagama, the Group Chief Executive Officer.

Tobiko, currently serving as the Chief Financial Officer at NMG, has a background in finance and strategy, honed through executive positions at multinational corporations and financial institutions.

He is also currently a non- executive director and the Chairman of the Audit Committee at Property Development and Management (PDM).

He was appointed Group Finance Director at Nation Media Group in 2018 and Chief Financial Officer in 2022.


Also Read: NMG Explains Why Its Shareholders Will Not Get Dividend


Angela Namwakira, the Company Secretary, expressed the Board’s collective enthusiasm for the newly appointed directors.

“The Board congratulates and welcomes the appointees to the Board and looks forward to their contribution to the growth and success of the Group,” stated NMG statement.

Do you want to be part of an updated community without the interruptions of unwanted messages? Click the link below and join our WhatsApp Channel!

https://whatsapp.com/channel/0029VaB3k54HltYFiQ1f2i2C

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NMG Leadership Forum. PHOTO/COURTESY
Tags: Board appointmentsNMGTRENDING NEWS
William Abala

William Abala

Based in Nairobi, Kenya, William Abala is an environmental Journalist, climate reporter, and fact checker with four years of professional experience in climate change, rural livelihoods, and land use change. He is also passionate about governance, politics and telling the African story that can induce audience attention and invigorate participation and interest in current affairs. He also holds a Bachelor’s Degree in Journalism and Mass Communication (First Class Honors) from Chuka University, Kenya, and is currently pursuing his Master’s Degree in Journalism and Mass Communication, majoring in Environmental Journalism.

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