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Ukabila mingi
Wa_ithaka
#1 Posted : Monday, October 11, 2010 12:46:26 PM
Rank: Veteran

Joined: 1/7/2010
Posts: 1,279
Location: nbi
As an Equity shareholder, I hope Muguku left a proper will otherwise it'll be chaos if family has decides to sell the shares...
The Governor of Nyeri - 2017
obiero
#2 Posted : Monday, October 11, 2010 2:24:16 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,301
Location: nairobi
10 out of 14 directors and general managers at Equity are from Central Kenya! Impunity!!!!!
http://www.equitybank.co.ke/about.php?subcat=4
COOP, IMH, KEGN, KQ, MTNU
mlennyma
#3 Posted : Monday, October 11, 2010 2:37:20 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
10 out of 14 you say??? So its kkk,kkk,kkk,k bank ?
"Don't let the fear of losing be greater than the excitement of winning."
whynow
#4 Posted : Monday, October 11, 2010 2:46:04 PM
Rank: New-farer

Joined: 7/19/2010
Posts: 98
Location: Kenya
Obiero.

Once upon a time a luo opened a shop for his wife. Other luo women used to visit the shop and gossip the whole day. The kikuyu women next door was busy attending to her clients.

A luo man was retrenched. He bought a mercedes and eat the rest of the golden handshake with women. Now he only laments how he was victimized. His kikuyu mate invested in a car wash business. He has never looked back.

A kikuyu man used to diligently buy shares of certain company every month from his paycheque. He now has an impresive portfolio. His luo friend was diligently at Nairobi west drinking every day talking loudly and boosting alot. His is now deep in debt.

It is called the biz mind, goals and approach.

Equity is a private company. If no luo has ivested substantially in this bank how do you expect one to be made a director. Haki Yetu ????
mlennyma
#5 Posted : Monday, October 11, 2010 2:53:57 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
@Whynow!!! you sound like moreno ocampo's candidate.
"Don't let the fear of losing be greater than the excitement of winning."
Njung'e
#6 Posted : Monday, October 11, 2010 3:00:15 PM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
[quote=obiero]10 out of 14 directors and general managers at Equity are from Central Kenya! Impunity!!!!!
http://www.equitybank.co.ke/about.php?subcat=4[/quote]

It's said that during the PEV,some people would uproot the railway line.Kamau would wait until the wanyoaji were dead asleep from tire and hunger and he would come with a lorry to collect the metal to go sell as scrap....It's the way you see it....when a group of businessmen were establishing EB,watu wengine walikuwa wamekalia makende....Now they can only cry in envy...BK!
Nothing great was ever achieved without enthusiasm.
whynow
#7 Posted : Monday, October 11, 2010 3:00:17 PM
Rank: New-farer

Joined: 7/19/2010
Posts: 98
Location: Kenya
Mlennyma - Respond to my last para.
mwanahisa
#8 Posted : Monday, October 11, 2010 3:03:15 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I normally eschew commenting on issues such as this, but I will weigh in this time round. As a shareholder in EB, I am actually unhappy about this state of affairs. We are not talking about the Board of Directors here. On the BoD, EB has 5 out of 11 Non-Central Kenya Directors. You could have an argument on this one about the core investors wanting to take care of their interest.

However, when it comes to Key Management, surely the rest of Kenya could at least provide 50%. I would actually expect higher, but 51% at the very least. EB is a Regional Bank and their management ranks should reflect as much. It is a shame that it does not!!!
Jamani
#9 Posted : Monday, October 11, 2010 3:03:39 PM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
[quote=obiero]10 out of 14 directors and general managers at Equity are from Central Kenya! Impunity!!!!!
http://www.equitybank.co.ke/about.php?subcat=4[/quote]

So what is the problem with that? compare with the cylinder company and no one is making noise
Seeders
#10 Posted : Monday, October 11, 2010 3:06:38 PM
Rank: Member

Joined: 2/17/2010
Posts: 234
Location: Nairobi
equity is not a parastatal.

even then, could not care less if the entire staff was made up of jacob zuma's and king mswati's wives.

as long as i get a fat dividend cheque and capital appreciation.

want to know why many kenyans remain poor?

there you have it.
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