By MUGAMBI MUTEGIMore by this AuthorCarbacid Investments #ticker:CARB has appointed corporate governance consultant Susan Mudhune to its board, making her the first female director at the industrial gas manufacturer. Mrs Mudhune, who served as the KCB Group #ticker:KCB chairperson between 2003 and 2008, currently sits on the boards of telecommunications giant Safaricom and insurer Sanlam ticker:PAFR. She is the first woman to join the board of Carbacid, a Nairobi Securities Exchange (NSE) :ticker:NSE listed firm which, like many firms in the country, lags behind in terms of gender diversity on its board. “The chairman and the board of Carbacid Investments are delighted to welcome Susan to the group,” Carbacid said in a statement. A 2015 study by the Institute of Directors Kenya found that women account for 30 per cent of board membership in Kenya.

Source: Daily Nation July 11, 2017 16:18 UTC