| Updated Fri, February 3rd 2017 at 09:52 GMT +3Francis Muthaura of Capital Markets AuthorityCompany directors will get training in new corporate governance guidelines that will kick in beginning March. The regulator has partnered with the International Finance Corporation (IFC), a member of the World Bank Group, targeting 200 directors this month. ALSO READ: Safaricom stock defies bear run as NSE 20 index hits 7-year low“Companies that practice good corporate governance tend to carry lower risk and generate higher returns for shareholders. GIVE EXPLANATIONLast year, the regulator trained 80 chief executive officers and chief finance officers from listed companies in the Corporate Governance Code. The new rules especially put the board of directors in the pole position in ensuring transparent and effective stewardship of companies.

Source: Standard Digital February 03, 2017 05:51 UTC