Omerikwa confirmed NSSF boss after acting for 4 years
Tuesday, November 26th, 2019 00:00 | < 1 min read
Pressure from Parliament has forced a divided board of trustees of the National Social Security Fund (NSSF) to name a substantive chief executive officer after a four-year delay.
Labour Secretary Ukur Yatani has appointed Anthony Omerikwa as managing trustee of NSSF for three years effective November 21.
Omerikwa has been acting as chief executive for four and a half years, which is way beyond the average CEO’s term of three years and in breach of the State rule that stipulates that a temporary occupation of executive positions cannot exceed six months.
He was ranked number one in the interviews carried out last month.
The last substantive managing trustee was Richard Langat.
Meanwhile, the board of the Kenya Pipeline Corporation has also yielded to pressure to name a managing director after a long delay.
Board chairman John Ngumi said three names who topped a recent interview had been sent to the Cabinet Secretary for Petroleum and Mining to pick one.