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NIC has lost its CEO
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Mainat
#1 Posted : Tuesday, April 23, 2013 5:59:07 PM
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Joined: 11/21/2006
Posts: 1,590
James is a good cabinet appointment, but its a huge hole for NIC to feel given he has masterminded its growth from a tractor-based lender to a strong middle-szed bank
Sehemu ndio nyumba
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newfarer
#2 Posted : Tuesday, April 23, 2013 6:17:43 PM
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Joined: 3/19/2010
Posts: 3,504
Location: Uganda
the next equity? in terms of growth. if I'm in the money
punda amecheka
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King G
#3 Posted : Tuesday, April 23, 2013 6:43:56 PM
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Joined: 6/20/2012
Posts: 3,855
Location: Othumo
Sad for the investors, good for Kenyan Economy and i believe he is upto the task!
Thieves
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sparkly
#4 Posted : Wednesday, April 24, 2013 9:41:06 AM
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Joined: 9/23/2009
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Location: Enk are Nyirobi
Kudos to him
Life is short. Live passionately.
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jerry
#5 Posted : Wednesday, April 24, 2013 10:38:49 AM
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Joined: 9/29/2006
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Which one has more cash;Bank or CS!
The opposite of courage is not cowardice, it's conformity.
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mmarto
#6 Posted : Wednesday, April 24, 2013 11:08:09 AM
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Joined: 4/20/2010
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Location: nairobi
jerry wrote:
Which one has more cash;Bank or CS!

It is not about the salary. Such people have made enough money out there and are taking the offer for either 1. nationalism(for those that have this trait) or 2. for prestige/status. Am sure that people of such calibre can live without a salary, if they so wish.
The only time you should be looking down on others is when you are helping them up.
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Gordon Gekko
#7 Posted : Wednesday, April 24, 2013 11:23:27 AM
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Joined: 5/27/2008
Posts: 3,760
jerry wrote:
Which one has more cash;Bank or CS!


Remember Maslow's hierarchy of needs....
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accelriskconsult
#8 Posted : Wednesday, April 24, 2013 12:02:56 PM
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Joined: 4/2/2011
Posts: 629
Location: Nai
Mainat wrote:
James is a good cabinet appointment, but its a huge hole for NIC to feel given he has masterminded its growth from a tractor-based lender to a strong middle-szed bank



Joe Mutugu, the FD should fill those shoes http://www.nic-bank.com/about/management/

I think he is 35. I have interacted with him and believe that he would be a wonderful CEO
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jguru
#9 Posted : Wednesday, April 24, 2013 12:36:05 PM
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Joined: 10/25/2007
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mmarto wrote:
jerry wrote:
Which one has more cash;Bank or CS!

It is not about the salary. Such people have made enough money out there and are taking the offer for either 1. nationalism(for those that have this trait) or 2. for prestige/status. Am sure that people of such calibre can live without a salary, if they so wish.


But, consider this, for government to attract the right professionals, they have to pay well. Some would consider service to the nation as a noble call but MOST would look at the money first. SRC has set the salary of Cabinet Secretaries at 1.1 million. That's acceptable.
Set out to correct the world's wrongs and you will most certainly wind up adding to them.
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VituVingiSana
#10 Posted : Wednesday, April 24, 2013 3:03:42 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
jguru wrote:
mmarto wrote:
jerry wrote:
Which one has more cash;Bank or CS!

It is not about the salary. Such people have made enough money out there and are taking the offer for either 1. nationalism(for those that have this trait) or 2. for prestige/status. Am sure that people of such calibre can live without a salary, if they so wish.


But, consider this, for government to attract the right professionals, they have to pay well. Some would consider service to the nation as a noble call but MOST would look at the money first. SRC has set the salary of Cabinet Secretaries at 1.1 million. That's acceptable.
Let's me like Singapore which pays it's CS/Ministers very well BUT is brutal if they fail or are corrupt/incompetent.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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