tag:blogger.com,1999:blog-9317825.post111468250350715857..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: HFCK Boss Outbankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-9317825.post-1118878026339022262005-06-16T02:27:00.000+03:002005-06-16T02:27:00.000+03:00As far as Davidson (KCB) is concerned, his contrac...As far as Davidson (KCB) is concerned, his contract runs out Jan 2006 but KCB 50% owned by non-government shareholders so it will be difficult to kick him out since he is popular with the shareholders. That said the Board can kick him out coz there aren't many independent directors. Warren Buffet argued that the best independent directors are those with vested interest i.e. those who own lots of shares in the firm. When I looked at the 2004 Annual Report, the only director with a significant shareholding (excluding those who represent the government or NSSF) was a Sunil Shah. All the directors should be paid in restricted shares not cash so they lose if shareholders lose.<BR/><BR/>I expect jimnah mbaru (of the now collapsed jimba credit) to be a major player since he owns/controls almost 10% of the shares.<BR/><BR/>I think jimnah should get a seat BUT all related dealings with his firms should be watched very closely.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1118877592818044072005-06-16T02:19:00.000+03:002005-06-16T02:19:00.000+03:00Shiroh, the reason for Jones being kicked out shou...Shiroh, the reason for Jones being kicked out should be PERFORMANCE not coz he sacked your pal's mum. It depends what her experience was in. If she was a cashier, they are a dying breed with ATMs, online transfers, cheques, etc.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1115277269224971422005-05-05T10:14:00.000+03:002005-05-05T10:14:00.000+03:00that guy should have been kicked out a long time h...that guy should have been kicked out a long time he really sacked guys including my pals mum guys who had experience for over 20 years he thought he couldnt go too , this is KenyaGirl in the Meadowhttps://www.blogger.com/profile/07515812698922455315noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1114751158405255442005-04-29T08:05:00.000+03:002005-04-29T08:05:00.000+03:00on what anonymous grounds?on what anonymous grounds?bankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1114711503228471722005-04-28T21:05:00.000+03:002005-04-28T21:05:00.000+03:00Jones ouster is the first in a series of calculate...Jones ouster is the first in a series of calculated moves from CBK. Next on the chopping board is Terry Davidson over at KCB.Anonymousnoreply@blogger.com