Treasury orders removal of troubled Kenya Power board chair Yeda
Kenya Power board chairperson Vivienne Apopo Yeda. The Kenyan National Treasury has sanctioned the removal from the utility firm's board. PHOTO | FILE | NMG
The Kenyan National Treasury has sanctioned the removal of Kenya Power’s embattled board chairperson Vivienne Apopo Yeda as President William Ruto’s administration moves to streamline the operations of the struggling utility firm that is a subject of state reform and eventual sale to a strategic investor.
Treasury Cabinet Secretary Njuguna Ndung’u has directed the company’s board to table before the annual general meeting (AGM) an ordinary resolution for the removal of Ms Yeda who is viewed by the workers’ union as an “impediment” to transformation and stability of the company that is listed on the Nairobi Securities Exchange.
