KCB Group director quits

A director of KCB Group has resigned barely a year after being appointed to take up an international assignment. The baking group said Dr Nancy Asiko Onyango has stepped down from her position as non-executive director in the board of the Kenya Commercial Bank.

Dr Anyango was in December appointed as Director of the International Monetary Fund’s Office of Internal Audit and Inspection (OIA), which carries out independent assessments of the IMF’s internal control and governance processes.

KCB Board said in an announcement filed today with the NSE that Dr Onyango has been replaced by Josephine Tata Djirackor, a telecommunications engineer who is also the co-founder of Elris Communications Services Limited. Elris was founded in 2004 by Ms Djirackor and her husband and its services include telecom engineering, civil works and electrical works.

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Dr Onyango takes over in February 2018 from Clare Brady who left IMF and will oversee the office that conducts independent examinations of the IMF’s internal control and governance processes. Dr Onyango was the Chief Executive Officer at Reliance Risk Advisory Solutions based in Kenya and was at some point a Partner at PwC Kenya.

She is a Certified Public Accountant (CPA) and holds a doctorate degree in Business Administration from the United States International University – Africa in conjunction with the Columbia Business School, specialiazing in gender leadership and organizational change management, amongst other degrees.

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