Titus Naikuni Biography
Titus Naikuni holds a Bachelor of Science Honours Degree in Mechanical Engineering from the University of Nairobi. He is also a graduate of the Harvard Business School’s Management Development Programme.
Titus Naikuni Education
Dr. Naikuni earned a BSc (Hons) degree in Mechanical Engineering from the University of Nairobi, and also attended the Programme for Management Development at Harvard Business School. He was awarded an Honorary Doctorate of Science in Engineering by Jomo Kenyatta University of Agriculture and Technology.
Titus Naikuni Professional Qualifications
Before he joined Kenya Airways, Dr. Naikuni was Managing Director of both Magadi Soda Company and Magadi Railway, which were later acquired by Tata Chemicals in 2005. He joined Magadi Soda as a Trainee Engineer in 1979, and rose through the ranks to head the company.
Titus Naikuni Career History
In a career spanning over 34 years in local and international business, as well as in public service, Dr. Naikuni has presided over one of the most ambitious and successful expansion of an African airline, growing Kenya Airways from Sh27 billion in revenues in 2003 to Sh107 billion in 2012. During the same period the fleet increased from 17 to 37 aircraft and the number of destinations served expanded from 25 to 58.
Titus Naikuni Directorships
Globally, his profile has continued to rise in the aviation industry with his appointment to the IATA Board of Governors and the President of AFRAA (African Airlines Association). He is currently serving as Deputy Chairman of Tata Chemicals Magadi and board member of Kenya Airways and its group of companies, Maersk Kenya, Lafarge International Advisory Board, East Africa Portland Cement Company, Precision Air Tanzania, Access Kenya, and a trustee of the Maasai Wilderness Conservation Trust. He recently served as the Chairman of the Police Reforms Implementation Committee which was appointed by Kenya’s President His Excellency Mwai Kibaki.
Titus Naikuni Profile
Naikuni has overseen the airline’s 10-years growth strategy dubbed ‘Operation Mawingu’ that was winged on massive fleet expansion from 42 to 107 and new routes.
During his tenure, Kenya Airways has stamped its regional dominance, improved global competitiveness , besides the construction of a new terminal.
In 10 years, Kenya Airways trebled its revenue to $1.2 billion with passengers reaching 3.6 million annually. In six months to September 30,2013, Kenya Airways posted an after-tax profit of Kshs384 million against a Kshs4.8 billion loss recorded over the same period in 2012.
Titus Naikuni was awarded the 2013 Airline strategy Award for his stellar performance. Massive investment in planes and new routes, however.drained the airline’s cash till. And coupled with the Eurozone crisis and travel advisories following terror attacks in Kenya saw profits dip to Kshs7.8billion after tax loss in March 2013 from Kshs6 billion in 2012. It was the largest loss in Kenya’s corporates history. It is also in his tenure that the 2007 Kenya Airways plane crash in Doula Cameroon claimed 114 lives.
Kenya Airways shed 578 jobs in September, 2012, to reduce ballooning wage bill by between 10 to 15 per cent, but the Industry Court reinstated them three months later.
A mechanical engineering major from the University of Nairobi, Naikuni was MD of Magadi Soda Company where he had been since 1995 before he was posted- as part of the Preside Moi’s Dream Team- to the Ministry of Transport and Communication as the permanent Secretary from 1999 to 2001. From Civil Services, Naikuni was appointed Kenya Airways Chief in 2003.
Titus Naikuni Family, Wife and Children
Titus Naikuni is married to Josephine and they have four children.
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Titus Naikuni Salary
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Titus Naikuni Wealth
Details of Taitus Naikuni wealth to be updated soon…
Titus Naikuni Photos
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