BUSINESSECONOMY

Dr. Adano Wario: New CAK Director-General Takes Charge

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Dr. Wario will be well versed with the authority's operations and plans.
Dr. Wario will be well versed with the authority's operations and plans.
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Adano Wario has been named as the acting director-general of the Competition Authority of Kenya. The appointment follows the expiry of the former director-general Wang’ombe Kariuki’s tenure.

Kariuki has served two terms as the Competition Authority boss, since his appointment at the start of 2013. The fact that Kariuki served as the Acting DG between August 2011 and his substantive appointment in January 2013 might bode well for Wario’s chances of landing the top job.

Wario will be well versed with the authority’s operations and plans, as he currently serves as CAK’s Director for Planning, Policy and Research.

“In order to ensure business continuity and uninterrupted service delivery, the Board of the Competition Authority of Kenya has appointed Dr Adano Wario to serve in the capacity of acting director-general following the end of Mr Wang’ombe Kariuki second and last term,” a statement issued by CAK Chairman Nelson Ndirang’u confirmed.

Ndirang’u credited Kariuki with stepping up the authority’s efforts to protect consumers. Among other things, Ndirang’u noted that Kariuki facilitated refunds of over Ksh2.4 billion to small and medium enterprises (SMEs) in the retail and insurance sectors.

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Wario highlighted his desire to drive increased competition across sectors including technology and financial services.

“As I take lead of the team of CAK colleagues, I am fully aware that teamwork is paramount in order to advance the mandate, vision and mission of the Authority. It will be an uphill task to try and fill Mr Wang’ombe Kariuki’s shoes. However, we shall, without relenting, try to follow his footsteps as we scale the ladder of sustainable economy for our country through effective competition enforcement,” he stated.

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Written by
BUSINESS TODAY -

editor [at] businesstoday.co.ke

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