Friday, May 24, 2024
Home > Counties > Seed Company appoints new managing director

Seed Company appoints new managing director

The Kenya Seed Company has appointed Mr Fred Oloibe as the new Managing Director (MD) for a period of three years.

Oloibe has been acting Managing Director for a period of one and half years after Mr Azariah Soi who was on the seat proceeded on terminal leave pending his retirement.

“The Board of Directors is pleased to announce the appointment of Fred K. Oloibe as the Managing Director of Kenya Seed Company Ltd for a period of three years with effect from the 8th November, 2021 following a Gazette Notice No. 12168 by Mr Peter G. Munya, Cabinet Secretary for Agriculture, Livestock, Fisheries and Co- operatives,” a statement from KSC Board read.

The appointment comes after a competitive exercise that saw 33 candidates applying for the position, out of which 12 were shortlisted. Six candidates proceeded to the final vetting before three names were picked and forwarded to the Cabinet Secretary.

Oloibe emerged the best after beating Mr Mumia Koroti, Head of Finance for Kwale International Sugar Company and Mr Moses Owino, Manager Sony Sugar.

He previously worked as Manager for Strategy, Planning and Business Development at the Kitale based company.

Speaking to Kenya News Agency, Oloibe, who has served the company for about eight years, thanked the Cabinet Secretary and the KSC Board for the appointment.

He promised to embrace an open-door policy to enable wide and fruitful consultations for the company’s good and development.

“I thank the CS and the Board for having faith in me. I vow to continue with the company’s restructuring programme initiated in 18 months aimed at producing sufficient and top quality seeds for Kenyan farmers to enable boost the country’s food security,” he told KNA.

The new MD holds a Bachelor of Science in Mathematics from the University of Nairobi and a Master Degree in Business Administration from Jomo Kenyatta of Agriculture and Technology.

By Maurice Aluda

Leave a Reply