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Andreas von Paleske Appointed as new CEO of Naivas

Naivas Supermarkets, Kenya’s largest retail chain, has announced a major leadership transition with Andreas von Paleske appointed as the new Chief Executive Officer, succeeding founding CEO David Kimani. This marks the end of an era for Kimani, who has led the company for 35 years since its humble beginnings in Nakuru. His leadership transformed Naivas from a small family-run store into the country’s dominant retail brand and a cornerstone of Kenya’s modern retail landscape.

Von Paleske’s appointment represents a historic milestone for Naivas as he becomes the first non-family executive to lead the company. Having joined Naivas in 2017 as Chief Strategy Officer, he has been instrumental in driving the retailer’s strategic growth and expansion across Kenya. His work has focused on streamlining operations, improving efficiency, and managing investor relations through various rounds of capital raising. His leadership will now guide the company into its next phase of institutional growth and long-term stability.

The company emphasized that the appointment aligns with a well-structured succession plan aimed at maintaining Naivas’ strong culture while positioning it for continued success. Under von Paleske’s strategic direction, the retailer is expected to deepen its operational resilience, strengthen partnerships, and enhance customer experience, ensuring it remains Kenya’s preferred supermarket chain in an increasingly competitive retail market.

Von Paleske brings with him extensive experience in private equity and consumer investments, having held senior positions at Actis and Lion Capital. He also co-founded Africa Platform Capital LLP, an investment advisory firm focused on consumer and healthcare sectors across Sub-Saharan Africa. With an MBA from Harvard Business School and a BSc in Economics from the London School of Economics, his background reflects a blend of strategic insight and global perspective, which will be vital in steering Naivas through its next growth phase.

While stepping down as CEO, David Kimani will continue to serve as a board adviser, ensuring a smooth transition and continuity of the company’s values and vision. The Mukuha family retains majority ownership and board control, preserving Naivas’ strong local identity even as it embraces global corporate structures. This leadership transition not only signifies a new chapter for Naivas but also reinforces its commitment to sustainable growth, innovation, and excellence in Kenya’s retail industry.

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