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Equity shakes up board to gain global talent
The incoming members of the Equity Group board are (from top left and moving clockwise) Nick O’Donohoe, Lakshmi Shyam-Sunder, Obadiah Biraro, Aloysius Uche Ordu, Farida Khambata and David Mutombo. Right, Equity CEO James Mwangi.
Equity Group is restructuring its board as it seeks to adopt a more global outlook and strengthen its supervisory committees.
The group will be asking its shareholders to approve the replacement of four Kenyans on its board with six expatriate directors during the annual general meeting on June 25.
