Cellulant Appoints Akshay Grover as CEO to Replace Ken Njoroge

 Cellulant Appoints Akshay Grover as CEO to Replace Ken Njoroge

Akshay Grover_Group CEO Cellulant Corporation

Cellulant’s Board of Directors has confirmed Acting Chief Executive Officer (CEO), Akshay Grover as Group CEO and Director with effect from 1 October 2021. 

Cellulant Group CEO Akshay Grover

He has been serving in the acting capacity since April, 2012, following the exit of Ken Njoroge from the group in January.

“We are delighted to appoint an executive of Akshay’s calibre and experience to the role,” said Cellulant Board Chairman, Dr Sam Kiruthu.

“Akshay brings extensive and diverse industry experience in technology and finance. During the time that Akshay has served as Acting CEO, the board has been impressed with his commitment to openness, attention to detail and an unrelenting focus on the future of the business. Akshay has demonstrated he possesses the skills, attitude and vision to lead the management team to deliver on Cellulant’s future and mission.”

Upon his appointment, Akshay said he plans to grow Cellulant into the most prolific and innovative payments platform in Africa.

“I look forward to continuing to work with the Board and our stellar management team to maximize this opportunity to deliver further growth and value for all our stakeholders,” he reveals.

Prior to joining Cellulant as Group Chief Financial Officer in January 2021, Akshay was the Chief Investment Officer at iSON, a diversified technology group with a presence in 30+ countries in the Middle East, Africa and the Asia Pacific region.

“Cellulant is well placed to lead and transform the payments landscape in Africa. Our deep connectivity with over 120 banks and 40 mobile operators in the continent enables us to have an unparalleled network on the African continent. We are reducing the amount of friction around payments and, by doing so, creating a seamless way for businesses to collect and make payments. Our integrated payments platform caters to both offline and online solutions that power success for businesses of all sizes while delivering a superior user experience for the end customer.” Akshay continues.

Akshay has more than 20 years of work experience in the Technology, Media and Communication Sector across emerging markets.

During the early years of his career, he held positions of increasing responsibility in the financial advisory teams at KPMG and EY.

Prior to joining Cellulant as Group Chief Financial Officer in January 2021, Akshay was the Chief Investment Officer at iSON, a diversified technology group with a presence in 30+ countries in the Middle East, Africa and the Asia Pacific region.

edna@thebusinessbreak.com

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