Government and Policy

CEOs In Government Agencies To Serve A Maximum Of Two Terms

BY Soko Directory Team · September 21, 2023 12:09 pm

KEY POINTS

"Those in government who will perform with an excellent track record for the benefit of Kenyans will be rewarded. The government is looking at what parameters to consider. Those who will not perform or fail in their mandate will be held to account & punished.

CEOs in government agencies and parastatals will serve for a maximum of two terms, breaking the norm where some executives would overstay in one position, making it difficult for developmental progress and advancement.

“If in those two terms, you achieve nothing as the CEO, you will be held to account,” said the Head of Public Service, Felix Kosgei.

“Those in government who will perform with an excellent track record for the benefit of Kenyans will be rewarded. The government is looking at what parameters to consider. Those who will not perform or fail in their mandate will be held to account & punished,” he added.

Mr. Kosgei was speaking during a consultative forum that brought together all Principal Secretaries/Accounting Officers, Chairpersons, and CEOs of all State Corporations at the Kenya School of Government. The forums were aimed at securing a common understanding and alignment of the government’s expectations as regards audits.

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On his part, Dr. Chris Kiptoo, PS for National Treasury, the government is committed to ensuring that there is a balance in the nation’s budget, stopping borrowing completely, and ensuring that the government works towards having more resources allocated to the development of the country and ensure that there is no accumulation any pending bills.

“We are focusing on ensuring that we reduce and if possible ensure that we have no litigation matters against the government because this leads to loss for the public in terms of paying out damages. We are working with the AG and the Auditor General to ensure that we settle all and focus on handling matters via arbitration,” he added.

About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory