Mr Kinyua also noted that a number chief executive officers have been acting for more than six months, contrary to the legal requirement. At the same time, Mr Kinyua has capped board expenses at not more than Sh30 million annually. “Consequently, your attention is drawn to the following directives and guidelines,” Mr Kinyua writes. At the same time, Mr Kinyua has capped board expenses at not more than Sh30 million annually. Mr Kinyua also noted that a number chief executive officers have been acting for more than six months, contrary to the legal requirement.

Source: Daily Nation March 14, 2020 06:56 UTC