Kevin Muregi has taken on the role of CFO at American Tower Corporation (ATC) Kenya. He previously held the role of finance manager responsible for reporting at the tower operator.
Kevin Muregi has taken on the role of CFO at American Tower Corporation (ATC) Kenya. He previously held the role of finance manager responsible for reporting at the tower operator.
ATC owns about 3,700 towers across Kenya and lease these to the likes of Safaricom, Airtel and Telkom.
Speaking exclusively to CFO East Africa, Kevin described his appointment as a key personal milestone.
"This appointment is a big deal for me because I am now effectively the head of finance of a very big organisation. Consequently, it is a massive responsibility and a lot has been placed on my shoulders. In addition, I am proud of the fact that my elevation enables me to continue developing the team around me," he said.
Kevin explained that he is thankful to God for the promotion and that his success can be attributed to having a high work ethic.
“Whenever I am asked to do X, I always try and deliver 2X. This attitude has always stood me in good stead and helped me stand out from the pack. In a fast-changing world, it has also been important for me to demonstrate that I can adapt quickly to changes in the organisation and the industry,” he explained.
Kevin has benefitted from long-standing mentorship from the new CEO of ATC Kenya and his predecessor in the CFO role, George Odenyo. He has shadowed George in the finance teams of different organisations including UUNET Kenya (now MTN) and Eaton Towers.
It was a proud moment in October 2023 when Kevin was informed of his CFO appointment at the relatively young age of 36. He had been handling a number of tasks prior to that in anticipation of the transition as George prepared to take over as CEO.
“My immediate priorities have been ensuring that the right people are placed within the right roles as we reorganise the finance team. We have been conducting interviews for professionals within and from outside the company to take up new positions. It has been a delicate task because we need to ensure that motivation remains high,” Kevin said.
“Beyond the reorganisation, I am looking to ensure that the finance department is as efficient as possible. This includes ensuring that we incorporate technology into what we do. Mundane tasks need to be automated as much as possible to free up the finance team to focus on value addition and acting as a reliable partner to the business in its growth journey,” he added.
