Ezron Kotut appointed acting managing director of Nzoia Sugar
Ezron Kotut has been appointed as the new acting managing director for Nzoia Sugar Company Ltd.
Kotut takes over from Dr Chrispine Omondi whose contract ended on May 1, 2023.
Currently, Kotut is the head of finance at Nzoia Sugar, having joined the company on January 11, 2010.
Kotut's education
He holds an MBA from Moi University and a Bachelor’s degree in Management and Leadership from the Management University of Africa. He is also a Certified Public Accountant and a member of the Institute of Certified Public Accountants of Kenya (ICPAK).
Ezron started his career at Braham Properties Ltd, a property letting and management firm, where he worked for three years as an accountant his main role being maintaining proper books of accounts and setting up an accounts department.
He later worked as the chief accountant at Soet Kenya Limited, a company with interests in farming, energy and real estate for 10 years. During his working stint there, he was in charge of the finance, accounting and investment functions.
"Ezron is credited with the introduction of tax management for Soet Kenya Ltd and putting up systems for internal controls. He also managed to automate operations for farm and rental business. From the year 1999 to 2008, together with his team they were able to grow turnovers from Ksh40 million to Ksh130 million. Serving as the Head of Finance, he has been able to improve tax management, implementation of new ERP, professional staff growth, better business internal processes and internal controls," Nzoia Sugar says on its website.
Nzoia Sugar was under the management of FCB & Technisure between October 7, 1975, to January 3, 1978, when the management changed hands to the Government of Kenya, which remained at the helm of the company up to January 11, 1999.
Between January 12, 1999, and August 31, 2003, the company was managed by F.C. Schaffer & Associates from whom the management reverted back to the Government of Kenya, which is in charge to date.
The company was allegedly targeted for privatisation.
