Treasury CS Ukur Yatani appoints Ntoros Baari Ole Senteu as new Postbank board chair

Ukur Yattan, Ag. CS Treasury. Photo|Courtesy

The acting Cabinet Secretary for finance Ukur Yatani has appointed Ntoros Baari ole Senteu, as board chair of the Kenya Post Office Savings Bank.

The appointment was mentioned in the Kenya gazette notice number 5854, dated October 16 2019.

Mr. Ntoro, former chairperson of Ewaso Nyiro South Development Authority, will hold the position for a period of three (3) years.

In exercise of the powers conferred by section 5 (2) (a) of the Kenya Post Office Savings Bank Act, I the acting Cabinet Secretary for the National Treasury and Planning appoints Ntoros Baari Ole Senteu to be the Chairperson of the Kenya Post Office Savings Bank Board, for a period of three (3) years, with effect from the 16th October, 2019. ~Gazette notice.

Before this appointment, Ntoros was the chair board of directors at the Kenya Meat Commission (KMC).

He has served at KMC since 2017, three year term service resulting from President Uhuru Kenyatta’s June.

Kenya Post Office Savings Bank controls the operations of Postbank services in Kenya.

The board of directors, Kenya Post Office Savings Bank, reports to the Ministry of Finance and Planning, and has one member representation, who is the Permanent secretary, Treasury.

The Board is responsible for the long term strategic direction for profitable growth for Postbank while being accountable to the shareholder, ensures compliance of law and highest standards of corporate governance and business ethics.

 

 

See also: Latest on Nurses strike: Kisii County recall nurses on leave

Related Stories

More Stories from Business