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Article

23 Nov 2013

Author:
Macharia Kamau, Standard Digital (Kenya)

Women club seeks more say in Kenya’s boardrooms

A new lobby is set to shake up the conventional boardroom in the country that is male dominated. The 30% Club Kenya is looking at increasing the number of women on the boards of private and public entities to at least one third over the next five years. The lobby argues the strategic shift in corporate boards representations would bring about better governance, financial results and enhance shareholders’ value...“The objective of the club is to provide mentorship, leadership, network and knowledge for women to take advantage of rising opportunities and the law that favours equality...” said James Ngomeli, chairman CIM East Africa...In Kenyan and generally African, women that are able to rise to senior management are seen as too aggressive, a trait the club says is not encouraging to the career development for women executives.