Collymore's term on UN Global Compact board extended
Safaricom chief executive Bob Collymore. PHOTO | SALATON NJAU |
What you need to know:
The UN Global Compact Board is the world’s largest corporate citizenship initiative that encourages businesses globally to adopt sustainable and socially responsible policies.
The extension of the contract comes barely two weeks after Safaricom board also extended his term at Safaricom for another two years beginning August.
UN Secretary General Ban Ki Moon has renewed Safaricom CEO Bob Collymore's term as a board member of the United Nations Global Compact (UNGC) for another three years.
His term was extended due to what the UN agency said is in recognition of his remarkable contribution to championing the work of the Global Compact across Africa by advocating for good governance and the fight against corruption.
The UN Global Compact Board is the world’s largest corporate citizenship initiative that encourages businesses globally to adopt sustainable and socially responsible policies.
The Board, comprised of 30 members, is chaired by the UN Secretary General and provides high level strategic advice relating to the evolving United Nations-Business relationship.
Members are appointed by the Secretary General on recommendation from the board's Nominating Committee, based on input from the Global Compact Office.
“Through proactive participation as a member of the Anti-Corruption working group of the UNGC, Mr Collymore has also been a key member of a team on the board who are working to make sustainability and responsible business relevant for Africa,” read part of a statement from UN.
The extension of the contract comes barely two weeks after Safaricom board also extended his term at Safaricom for another two years beginning August.
“Across the continent, Mr Collymore has gained prominence as a thought leader on the four critical issues that the UNGC focuses on; Ethics and Anti-Corruption; Human Rights; the Environment and Labour Issues,” the statement said.
Since his initial appointment to the board in April 2012, Mr Collymore has been instrumental in championing ethics and governance.
In February, Safaricom cancelled a multi-million dollar tender it had awarded to Mobinets SAL Limited after it found out that the Lebanese firm bribed its employees to secure the lucrative contract.
In 2014, Safaricom sacked 56 employees in the year ended March. The telco said it conducted 32 audit reviews in the period, three of which were special requests from management.
The investigations covered various frauds, including asset misappropriation, fraudulent expense claims and corruption cases.
Safaricom also issued 16 employees with warning letters while seven were reported to law enforcement agencies. The number of sacked employees increased from 33 the year before.
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