NAIROBI, Kenya – The Nation Media Group (NMG) has tapped Geoffrey Odundo, a seasoned investment banker and former CEO of the Nairobi Securities Exchange (NSE), as its new Group Managing Director and Chief Executive Officer, effective April 7, 2025.
In a statement on Monday, NMG Board Chairman Wilfred Kiboro described Odundo as a proven leader with an extensive background in financial markets and strategic management.
“On behalf of the Board, I am pleased to announce the appointment of Geoffrey Odundo as the Group Managing Director and Chief Executive Officer, effective April 7, 2025,” Kiboro stated.
Odundo will replace Richard Tobiko, who has been serving as interim Group CEO.
A Leader with Market-Breaking Credentials
Odundo brings a strong track record of innovation and leadership.
Most notably, he spearheaded major milestones at the Nairobi Securities Exchange between 2015 and 2024, overseeing groundbreaking market innovations and record-setting growth.
Currently serving as Group Executive Advisor at CPF Group, Odundo’s past executive roles also include being the first Managing Director and CEO of Kingdom Securities.
Former NSE CEO Geoffrey Odundo [@g_odundo] has been appointed as the new Group Managing Director & CEO of Nation Media Group, effective 7th April 2025
He holds an MBA degree in Strategic Management from the United States International University, a Bachelor of Arts degree in Mathematics and Economics from Egerton University, and several professional certifications.
“I am confident that I can count on you to extend your customary welcome and support to Geoffrey as he joins NMG to strengthen our team in our continuing endeavor to deliver our mandate to the societies we serve,” Kiboro said.
He also thanked Richard Tobiko for his leadership during the transition period, recognizing his efforts in maintaining NMG’s stability and direction.
With Odundo’s leadership expertise and financial acumen, all eyes are on how Nation Media Group will navigate the future of journalism, digital transformation, and media monetization in a fast-changing industry.
