CHANGES TO THE KENGEN BOARD

As the reorganisation at KenGen takes shape following the governance changes approved at the Feb 12 EGM, 3 Independent Non Executive Directors have stepped down effective March 5th.

Hon. Alfred Agoi Masadia (Chairman), Hon. Rehema Hassan, and CPA Bernard Ngugi stepped down to make way for the revised KenGen board structure.

Under the new framework, Class A shares held by the National Treasury nominate four directors, while Class B shareholders nominate and elect three, alongside two independent non executive directors on a streamlined 9 member board.