In the judgment, the court held that the renewal of a CEO’s contract in a State corporation is not solely a board decision but is subject to concurrence by the parent ministry—in this case, the...
By
Patrick Alushula
Business Reporter
Nation Media Group
Former Consolidated Bank of Kenya CEO Samuel Muturi has lost his bid for reappointment after Treasury Cabinet Secretary John Mbadi blocked the bank board from giving him a fresh three-year term, sparking a legal battle.
Recklessness and arrogance bad for Mbadi's presidential ambition
Businessman seeks removal of Nairobi Finance boss Charles Kerich from office
Union Bank Saga Tests CBN’s Regulatory Oversight
Cofek sues to stop Ketraco from recruiting CEO | Daily Nation
CRDB Bank shareholders content with Nsekela’s leadership
Impunity: Nairobi CEC Kerich says can't be arrested despite court sentencing
Impunity: Nairobi CEC Kerich says can't be arrested despite court jailing him
Mudavadi appeals ANC's revival
New wrangles as Machakos Sacco bosses voted out
Ugandan Kasekende steps down as CEO of Standard Chartered Bank Tanzania
Mbadi's directive effectively places the State-owned lender at the centre of public sector transactions.
A row has erupted over the appointment of former M-cheza Chief Executive Officer Peter Maina Karimi as the Director General of…
Shareholders of CRDB Bank Plc have expressed a desire for Group Chief Executive Abdulmajid Nsekela to remain in office beyond the…
The changes come after the State-owned transmission firm cancelled its earlier advert following a protest letter warning of legal…
The changes come after the State-owned transmission firm cancelled its earlier advert following a protest letter warning of legal…
Metropolitan Sacco is facing a deepening cash crunch as member exits and tribunal orders accelerate pressure on its already…
