ADVOKS GLOBAL · KENYA
Kenya Deposit Insurance Act
10. Chief Executive Officer
Edition: 2022-12-31 · In force
10. Chief Executive Officer
(1)There shall be a Chief Executive Officer who shall be competitively recruited and appointed by the Board and whose terms and conditions of service shall be determined by the Board in the instrument of appointment or otherwise in writing from time to time.(2)No person shall qualify for appointment under this section unless such person—(a)has at least a degree in the field of either banking, law, finance, accounting, economics or insurance; and(b)has at least ten years’ experience at management level.(3)The Chief Executive Officer shall be responsible for the day to day management of the affairs and staff of the Corporation.(4)The Chief Executive officer shall hold office for a term of three years but shall be eligible for re-appointment for one further term.