Kenya Power's 4 Minority Shareholders Elected

10 December 2023
Capital FM (Nairobi)
By Kevin Rotich

Nairobi — Four minority shareholders have been elected to sit on the Kenya Board of Directors.

They include James Rege under Engineering, Caleb Bwauma (Finance Audit and Risk), Ezekiel Saina (ICT), and Ruth Muirure (Governance).

''The Board of Directors of THE KENYA POWER AND LIGHTING COMPANY PLC is pleased to announce the results of voting for the resolutions that were put forward for determination,'' Kenya Power said in a statement.

Last month, the shareholders of the utility firm agreed to increase the number of minority shareholders on its board.

It followed an amendment to the firm's Memorandum and Articles of Association during an Extraordinary General Meeting (EGM).

KPLC commenced the process in October of this year, which it said would give minority shareholders a say in the firm's decision-making.

Read the original article on Capital FM.

Tagged:
Copyright © 2023 Capital FM. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.