Corporate News: TRANSCORP; KCB GROUP; BRITAM HOLDINGS

NIGERIA:

TRANSCORP GETS NEW CEO.

From June 1, this year Mr Emmanuel N Nnorom will retire as the president/CEO of Transnational Corporation of Nigeria and be replaced by Mr Adim Jibunoh.

According Transcorp's group company secretary, Helen Iwuchukwu,  the new CEO is currently the group business development director in charge of group non- financial activities.

He is a first class economics graduate of the University of Port Harcourt with a Masters in business administration from the University of Lagos.

He will bring to bear on his new job above three decades experience that spanned stints as executive director, Standard Trust Bank; and CEO Continental Trust Bank.

He is currently a non executive director of United Capital PLC, Avon HMO and Transcorp Hotels PLC.

KENYA:

TWO KCB GROUP IRECTORS RETIRE.

KCB Group Holdings Ltd  on Monday announced the retirement of three directors from the board of the group.

According to group company secretary, Joseph Kania, they are General (Rtd) Joseph Kibwana;and Mrs Charity Muya-Ngaruiya 

They retired on April 21 2017, the same day the group's annual general meeting was held.

NEW DIRECTORS FOR BRITAM HOLDINGS.

Three new independent directors have been appointed to the board of Britam Holdings Ltd with effect from yesterday, April 25.

According to company secretary, Nancy K Kiruki, they are Mr Mike Laiser; Ms Caroline Kigen and Mr Mohammed Karama and they bring aboard varied experience and expertise.

Mr Kaiser is an enterprise development economist with expertise in SME development; microfinance ; industrial development and management; and technology transfer.

He holds Masters in development economics from Williams College, Boston and a Bachelor's in economic planning from the University of Da res Salaam.

On the other hand, Ms Kigen is financial management consultant with experience in accounting, financial management, strategy and corporate governance.

Her working experience includes stint as lecturer with the University of Nairobi and Stathmore University and as a practicing certified public accountant with Pricewaterhousecoopers.

Finally, Mr Karama is a certified public accountant and was a partner in Pricewaterhousecoopers where he led advisory services in Kenya, the United States and greater East Africa.
 

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