Corporate Governance

The New Code, at a glance:

At the end of every financial year, Boards will be required to disclose in the annual report a statement of policy on good governance and the status of application of;

  • The New Code
  • Chairman and CEO positions must now be separate
  • Term of Independent Directors now limited to 9 years
  • Code of Ethics to be formalised
  • Board member remuneration to be aligned to pay of directors in the same industry
  • Rigorous disclosures required of the Board
  • Embracing technology to communicate with shareholders
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Contact us

Emily Ansell
Associate Director
Tel: +254 (20) 285 5023

Valentine Maina
Tel: +254 (20) 285 5201

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