October 22nd 2017

Magazine / Gender Matters

Women representation at KIM increased by 7 per cent in the last three years

Most members on boards are of accounting, finance or legal backgrounds. With average of 50 years and not diversifying to promote representation of all groups.

By Njuguna Kirunkiru@kenyafreepress.comWednesday, 19 Jul 2017 15:20 EAT

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Women on the Board of Management at the Kenya Institute of Management (KIM) has increased by 7 per cent within the last three years. A KIM report  revealed  that 21 per cent of board members are women compared to 2015 when they were 18 per cent and 2014 with 14 per cent.

Most members on boards  are of accounting, finance or legal backgrounds. With average of 50 years and not diversifying to promote representation of all groups. Bob Karina, Vice-Chair NSE said “we should never shy away from appointing and incorporating young men and women since they hold the future to our businesses and more often than not are our target customers.”

The report gives the number of women as being one in every five members. The Head of business Intelligence at KIM, Samuel Njihia said “we are moving in the right direction,” but posed “are we moving in the right speed?”

“In a naturally diverse society, it’s only prudent we have different people in boards to better engage with the market which is also very diverse” said KIM CEO Mureithi Ndegwa.

The report was launched in partnership between Barclays Bank, Nairobi Securities Exchange and the New Voices New Faces Initiative.

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