Nation Media Group (NMG) has named former Nairobi Securities Exchange (NSE) Chief Executive Officer Geoffrey Odundo as its new Group Managing Director and Chief Executive Officer.
Odundo will officially assume office on April 7, 2025, following his appointment by the NMG Board of Directors.
“NMG board names Geoffrey Odundo as Group Managing Director and Chief Executive Officer, effective 7th April 2025,” the media house confirmed in a statement.
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NMG
Odundo transitions to the media industry from the financial sector, where he has built a distinguished career spanning over three decades. Before his new role, he served as an advisor at the Central Provident Fund Board (CPF), a position he took up in May 2024.
He also held various leadership positions in Kenya’s banking sector, gaining extensive expertise in financial markets and securities exchange operations. During his nine-year tenure as NSE CEO, he played a pivotal role in expanding the bourse’s product offerings, including the launch of East Africa’s first derivatives market.
Odundo holds a Bachelor’s degree in Mathematics and Economics from Egerton University, an MBA in Strategic Management from USIU Africa, and is currently pursuing a PhD in Business Administration and Management at the University of Nairobi.
He succeeds interim CEO Richard Tobiko, who took over following the exit of former CEO Stephen Gitagama in July 2024. Gitagama had served NMG since 2007, initially as Group Finance Director before his promotion to CEO in 2018.
Odundo’s appointment comes amid a period of transformation at NMG as the company realigns itself with the evolving digital media landscape. He will join Editor-in-Chief Joe Ageyo in leading the group’s strategic direction.
In recent months, NMG has also brought in notable media personalities, including veteran journalist Eric Latiff, Simaloi Dajom, and Janet Mbugua, as part of its ongoing restructuring efforts.
