Veteran board members face CMA rule axe

From left: Chris Kirubi, Michael Somen and James Maina Wanjigi. PHOTOS | FILE

Nearly 30 serving directors of NSE-listed companies will be affected by a new rule that sets a 70-year age limit for board members of publicly traded firms.

About 27 directors of Nairobi Securities Exchange (NSE) traded firms — including board chairmen — are aged 70 and above.

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