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NIC CFO quits quits two months after CEO exit
Rank: Chief Joined: 5/31/2011 Posts: 5,121
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NIC Bank’s finance director has quit, barely two months after its CEO left to join the government. The Business Daily learnt that Joseph Mutugu left last week after failing to agree on strategy with the bank. http://www.businessdailyafrica....22/-/cm0bxq/-/index.html
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Rank: Chief Joined: 1/3/2007 Posts: 18,126 Location: Nairobi
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Could it be coz he didn't get the CEO post? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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I wonder what strategic policies made the CFO bolt. Equity, now NIC. CFO revolving doors... Who's next? $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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... &now, Health Secretary, James Macharia, Under Pressure Over NIC Bank Fraud >>> http://allafrica.com/stories/201307080049.html ... tip of the iceberg¿
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Original story by sabahi... Quote:The Sabahi web site is sponsored by the United States Africa Command, the military command responsible for supporting and enhancing US efforts to promote stability, co-operation and prosperity in the region.
Sabahionline.com features news from across and about the Horn of Africa region and features analysis, interviews and commentary by paid Sabahionline.com correspondents. How come the local media doesnt have this? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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murchr wrote:Original story by sabahi... Quote:The Sabahi web site is sponsored by the United States Africa Command, the military command responsible for supporting and enhancing US efforts to promote stability, co-operation and prosperity in the region.
Sabahionline.com features news from across and about the Horn of Africa region and features analysis, interviews and commentary by paid Sabahionline.com correspondents. How come the local media doesnt have this? It was in yesterdays paper...I believe substandard. possunt quia posse videntur
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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maka wrote:murchr wrote:Original story by sabahi... Quote:The Sabahi web site is sponsored by the United States Africa Command, the military command responsible for supporting and enhancing US efforts to promote stability, co-operation and prosperity in the region.
Sabahionline.com features news from across and about the Horn of Africa region and features analysis, interviews and commentary by paid Sabahionline.com correspondents. How come the local media doesnt have this? It was in yesterdays paper...I believe substandard. That is normal fraud, doesnot need to involve Macharia - just coincidence. Thieves
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Rank: Member Joined: 5/19/2012 Posts: 552
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King G wrote:maka wrote:murchr wrote:Original story by sabahi... Quote:The Sabahi web site is sponsored by the United States Africa Command, the military command responsible for supporting and enhancing US efforts to promote stability, co-operation and prosperity in the region.
Sabahionline.com features news from across and about the Horn of Africa region and features analysis, interviews and commentary by paid Sabahionline.com correspondents. How come the local media doesnt have this? It was in yesterdays paper...I believe substandard. That is normal fraud, doesnot need to involve Macharia - just coincidence. Thought so too after reading the papers yesterday. Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.... Leo Buscaglia
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NIC CFO quits quits two months after CEO exit
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