FEATURED STORY

BAT Gets New Chairperson as George Maina Heads For Retirement

Share
BAT Kenya logo as erected at the company's headquarters in Nairobi. The company on Tuesday announced that it has advanced its COVID-19 vaccine to Phase I clinical human trials.
Share

Cigarette manufacturer BAT PLC on Monday announced the appointment of Rita Kavashe as its Chairperson following the retirement of George Maina who has served as Director and Chairperson of the company for nine years.

In a statement signed by Company Secretary Kathryne Maundu, the board announced that Ms. Kavashe’s appointment will be effective September 1, 2020.

Ms. Kavashe, MBS, is a Non-Executive Director of the Company and currently the Managing Director of Isuzu East Africa Limited, formerly General Motors East Africa, the largest motor vehicle assembler in East Africa.

She joined General Motors in 1995 and has held several key roles in Sales & Marketing, both in Kenya and
South Africa.

Rita Kavashe, the new Chairperson of BAT’s board

She is also the Chairperson of the Kenya Roads Board, a Non-Executive Director of Bamburi Cement Limited
(Lafarge Group), Vice-Chair of the Kenya Private Sector Alliance (KEPSA) and serves as a Member of the Kenya Vision 2030 Delivery Board.

She holds a bachelor’s degree in Education from Moi University and a Master’s degree in Business Administration (MBA) from the University of Nairobi (UoN).

She is also an executive coach certified by the Academy of Executive Coaches (AOEC) the UK.

In 2017, she was awarded the Moran of the Order of the Burning Spear (MBS) for exemplary service to the Country as a business leader.

“The Directors congratulate Ms. Kavashe on her appointment as the Chairperson of the Board,” the company said in a statement.

Mr Maina’s retirement took effect on Monday, August 31, 2020.

He was appointed to the company’s board as an independent non-executive director in November and thereafter as Chairperson of the Board in September 2013. A cumulative period of over nine years.

George Maina, the ougoing BAT Chairperson

“During his tenure, the company has recorded significant growth evidenced in its strong performance, thereby delivering sustained value for its shareholders,” the company said in its statement.

“The board takes this opportunity to thank Mr. Maina for his visionary leadership and exemplary and distinguished service to the company and wishes him the very best for the future,” further read the statement.

See Also>>>> BAT Half Year Profit Rises to Sh2.7bn

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Samwel Mukami Makome
BUSINESSFEATURED STORYNEWSPERSON OF INTERESTREAL ESTATE

HF Group Plc Appoints Two New Directors to Its Board

HF (Housing Finance) Group, a listed real estate firm, has announced changes...

Edwin Dande CEO Cytonn Investments
BUSINESSNEWSREAL ESTATE

Cytonn Properties to be Auctioned Over KSh11 billion Owed to Investors

Cytonn Investments Properties, an outfit owned by one Edwin Dande, could finally...

CBK headquarters in Nairobi
FEATURED STORY

Central Bank of Kenya raises KSh 61 Bn for Budgetary Support in March

Central Bank of Kenya(CBK) accepted bids worth KSh60.9 billion at the March...

Metropolitan Sacco Members are unable to access loans due to the Society's financial problems
FEATURED STORY

SACCOs: Experts Recommend Setting up of a Deposit Protection Fund

SACCOs in Kenya might finally have a deposit protection fund(DPF) similar to...