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Equity Appoints Samuel Onyango as a new Director to the Kenya Board

Samuel Onyango holds a Bachelor of Commerce from the University of Nairobi and is a Certified Accountant, Company Secretary, Arbitrator and Mediator. He is a member of the Institute of Chartered Accountants (England and Wales), Institute of Certified Secretaries (Kenya) and Institute of Certified Public Accountants of Kenya among others.He was Chairman of the Institute of Certified Public Accountants of Kenya (ICPAK) and is a past President of the Eastern Central and Southern Federation of Accountants (ECSAFA), which he also represented in the council of the International Federation of Accountants (IFAC).

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Samuel Onyango.PHOTO/Courtesy.

Equity has announced the appointment of Samuel Onyango as a Non-Executive Director to it’s Equity Bank (Kenya) Limited (EBKL) Board.

Onyango has extensive leadership experience in a wide range of professional services as a Certified Auditor, Company Secretary, Arbitrator, and Mediator, including his contribution to the development of the accounting profession in East, Central, and Southern Africa in the course of his career.

Currently, he is a Director at Jadala Investments Ltd., a Non-Executive Director at BAT Kenya Limited since July 2019, and a member of its Audit and Risk Committee.

He is the immediate former CEO of Delloite East Africa where he served for 38 years in various audit and advisory roles.

His past roles include being Chair of the Institute of Certified Public Accountants of Kenya and president of the Eastern, Central, and Southern Africa Federation of Accountants.

“We are thrilled to welcome Samuel as a new independent director to our board. He brings decades of broad executive leadership experience in audit and risk practices that are key in our operations as an integrated financial servicers provider” said EBKL Chairman Ambassador Erastus Mwencha, as he welcomed him to the Board.

On his part, Samuel commented on his commitment to serving the board, “Equity has a distinguished board with great diversity, expertise and experience. The management and staff at Equity are highly skilled and this is evidenced in how the institution has continued to remain at the top. I am confident that working together, we will be able to effectively sail through the pandemic and continue to be a key financial player in our country and the region,” said Onyango.

Samuel holds a Bachelor of Commerce degree from the University of Nairobi and is a Certified Accountant and Company Secretary.

He is also a member of the Institute of Chartered Accountants (England and Wales), Institute of Certified Secretaries (Kenya), and Institute of Certified Public Accountants of Kenya.

EBKL is a subsidiary of Equity Group Holdings Plc and holds a massive share of the Group’s business contributing 75% of the profitability.

The Bank has been named the Top Banking Superbrand in Kenya for thirteen years in a row since 2007.

Moody’s gave the bank a global rating of B2, Global Rating of Aaa.ke/KE-1 with a Negative outlook same as the sovereign rating of the Kenya Government.

Global Credit Rating Co. (GCR) rated the bank AA- for long-term and A1 for short term, with a Negative outlook. The bank has emerged the Overall Best Bank at the 2020 Think Business Banking Awards for the 9th year in a row. It also won across 22 award categories becoming the most recognized market leader in the country.

The bank was also named Africa’s SME Bank of the Year, for the third year in a row at the 2020 Global SME Finance Awards and the Best Regional Bank in East Africa at the African Banker Awards.

 

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Atheists fault petition seeking to deregister society

Atheists in Kenya have protested a petition that they say seeks to create a notion that Kenya is a nation by and for believers in God only.

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President of the Atheists in Kenya Society, Harrison Mumia

Atheists in Kenya have protested a petition that they say seeks to create a notion that Kenya is a nation by and for believers in God only.

Former Juja MP, Dr Stephen Ndichu has moved to court seeking to have the Atheists in Kenya Society suspended on grounds that its continued existence is unconstitutional.

In a statement, the society’s president, Harrison Mumia says the petition is an assault on religious freedom and an insult to the diversity of the Kenyan people.

“We find the petition repugnant to a good conscience,” he stated adding that Dr Ndichu is a Christian fundamentalist who seems to harbour paranoid fantasies about the dangers of atheists existing in Kenya.

He further accused Dr Ndichu of seeing enemies where there is none and that the society was surprised, but not shocked as religion has historically inhibited progress.

He vowed that the society would do everything within its power to defend its right to remain a registered society and urged Kenyans to support fighting the petition.

On Sunday, the society said it will be writing to President William Ruto seeking an invitation to State House, just like the evangelical denominations.

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Uhuru Gardens ready for Madaraka Day fete, says PS Kibicho

The principal secretary said they would be visiting the gardens every Thursday until June 1 to ensure all loose ends are tied up properly, promising that the celebrations will be very colourful.

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Madaraka Day

This year’s national Madaraka Day celebrations at Uhuru Gardens in Nairobi County will be open to 30,000 people, up from 10,000 in 2021.

Permanent Secretary in the State Department for Interior, Dr Karanja Kibicho, said this follows the relaxation of COVID-19 containment measures.

“Children will also be allowed in on the celebrations this year, and we expect county celebrations to happen too,” the PS said while on an inspection tour of the venue.

The PS said the government decided to move the celebrations from the County rotational back to Nairobi because it will be the last event for the current administration before it exits office.

“Because of the significance of this particular Madaraka day, being the last for this regime, we decided to celebrate it at Uhuru Gardens to break the tradition of celebrating it in counties,”

He revealed that preparations were currently at 90 percent complete and expressed confidence that all will be set for the event as the country marks 59 years of self rule.

The principal secretary said they would be visiting the gardens every Thursday until June 1 to ensure all loose ends are tied up properly, promising that the celebrations will be very colourful.

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Queen Elizabeth mourns Kibaki as a great Statesman with commendable legacy

Kibaki will be buried at his home in Othaya, Nyeri County on Saturday.

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Queen Elizabeth II has mourned former President the late Mwai Kibaki eulogizing him as “a great statesman”.

“I was sorry to receive the news of the death of Mwai Kibaki. He had a lifelong record of service to the Kenyan people. It will be of deep sadness to your country to have lost a great statesman, but Kenya can take pride in the legacy of his leadership. I send you and the people of Kenya my condolences at this loss,” the message read.

The British High Commission further affirmed its close ties to Kenya and renewed its assurances to the country’s Ministry of Foreign Affairs.

“The British High Commission avails itself of this opportunity to renew to the Ministry of Foreign Affairs of the Republic of Kenya the assurances of its highest consideration,” the High Commission said.

The late Kibaki passed away on 21 April 2022, aged 90.

President Uhuru, who issued a proclamation that he would be granted a state funeral with full civilian and military honours, announced his death.

Kibaki will be buried at his home in Othaya, Nyeri County on Saturday.

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