Nation Media Group PLC (NMG) has announced the appointment of Joseph Muganda as the new Chairman of its Board of Directors. The announcement was made in a statement released on Friday by Company Secretary Angela Namwakira.
Muganda will officially take over from Dr. Wilfred Kiboro during the company’s Annual General Meeting scheduled for June 27, 2025. Dr. Kiboro, who has served as Chairman since 2009 and as a non-executive director since 2006, will retire after over three decades of transformative leadership at the helm of East Africa’s largest media house.
Namwakira hailed the appointment, noting that Muganda brings over 30 years of executive leadership experience across Africa and the UK. He joined the NMG board on November 1, 2024, and previously served as the Group CEO between 2015 and 2018. His extensive resume includes senior roles at VIVO Energy Kenya, Kenya Breweries Limited, and British American Tobacco. He currently chairs the board of Stanbic Bank Kenya and holds directorships in several other organizations.
Muganda holds an MBA from the University of Leicester and a B.Sc. in Accounting and Financial Management from the University of Buckingham.
As the incoming Chair, Muganda is expected to guide NMG through a pivotal period marked by digital disruption and evolving consumer habits. His leadership is anticipated to build on the Group’s legacy while steering it toward continued innovation and growth.
The outgoing Chairman, Dr. Kiboro, leaves a legacy of significant transformation at NMG. He joined the company in 1993 as Managing Director of the Nation Newspapers Division and became Group CEO in 1995. Under his stewardship, NMG evolved from a print-focused media outlet into a diversified, multi-platform regional media powerhouse with operations in Kenya, Uganda, and Tanzania.
Dr. Kiboro also championed digital transformation, editorial independence, and talent development within the Group.
“The Board, Management, and Staff of Nation Media Group PLC are grateful to Dr. Kiboro for his long and dedicated service,” Namwakira stated. “We wish him well in his retirement and future endeavours.”
