The Impact Of Infinite Years Of CEO's Service
“The government of Kenya scrapped the age limit for chief executive officers of state owned corporations noting lack of clarity on terms of service for chief executive officers of state corporations and concerns at service period, which in some instance has led to litigation.” said head of civil service John Kinyua in a circular.
He added, “The Circular No. OP. CAB.2/7A of March 20, 2009 on review of mandatory retirement age for public servants is therefore, not applicable to state corporations’ chief executive officers.”
This came when KRA boss Mr. Njiraini and CBK deputy governor, Ms. Sheila M’Mbijjewe have hit retirement age and are still in office.
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The Impact Of Infinite Years Of CEO's Service
The Impact Of Infinite Years Of CEO's Service
Disclosing Negative Credit Information And Its Pitfalls
Financial institutions and certain bodies identified in regulation 23 of the Credit Reference Bureau Regulations 2013 are required to share both positive and negativeinformati on about customers. Positive information is any information on performing loan or other credit. Negative information on the other hand is any adverse customer information which includes non-performing loans.
