Kenya Pipeline starts search for new chief executive Friday
Former Kenya Pipeline Company managing director Selest Kilinda. Photo/FILE
What you need to know:
The firm’s board has placed notices in newspapers inviting applications for the job before August 5.
This follows the end of Selest Kilinda’s three-year term as KPC managing director in May following accusations of nepotism and abuse of office that were brought against him last year.
Charles Tanui, the chief manager finance, has been acting as the managing director of Kenya Pipeline Company.
Search for the top job in Kenya Pipeline Company begins on Friday as the state owned firm begins the search for a new CEO.
The firm’s board has placed notices in newspapers inviting applications for the job before August 5.
This follows the end of Selest Kilinda’s three-year term as KPC managing director in May following accusations of nepotism and abuse of office that were brought against him last year.
The company is one of the four cash-rich parastatals in the energy sector that will soon have new faces in the corner office, offering Davis Chirchir, the Energy Cabinet Secretary, a chance to appoint managers to shepherd the coveted State-owned firms.
KenGen, Kenya Power and the Rural Electrification Authority (REA) are searching for CEOs following the retirement of their heads as the balance of power shifts in Kenya’s energy sector.
The top jobs in these agencies are the most coveted among State-owned firms given that they control multi-billion shilling contracts and last year generated combined sales of Sh77.5 billion with profits of Sh20.3 billion with the exclusion of REA.
“There will be a lot in interest in these positions both within the private sector and top levels in government,” says Johnson Nderi, an analyst at Suntra Investment Bank.
The new chief at KPC will be expected to guide the replacement of existing pipeline linking Mombasa to Nairobi, which has outlived its 30-year lifespan and is prone to ruptures.
Plans to build a new $300 million (Sh25.5 billion) fuel pipeline from the Mombasa port to Nairobi have been on the radar for the past five years and KPC is working on a tender for the construction of a bigger pipeline.
Mr Kilinda was dismissed on the grounds that during his reign he hired three siblings: two sisters, one as a telephonist and the other a clerical officer while he employed a brother as a welder.
Charles Tanui, the chief manager finance, has been acting as the managing director of Kenya Pipeline Company.
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