[Source: Business Daily, by Victor Juma]
Five non-executive directors of Kenya Power representing half of the board on Monday resigned without the electricity distributor announcing their replacement.
The Nairobi Securities Exchange-listed firm said Adil Khawaja, Kairo Thuo, Wilson Kimutai Mugung’ei, Brenda Kokoi and Zipporah Kering had resigned as independent directors.
The company did not give reasons for their departures that left the board consisting of the CEO Bernard Ngugi and civil servants including National Treasury Cabinet Secretary Ukur Yatani.
Energy Cabinet Secretary Charles Keter termed the changes as…
