Summary
Date Posted: Thursday, February 02, 2023 , Base Salary: Not Disclosed

JOB DETAILS:
Kakamega County Microfinance Corporation
IN EXERCISE of the powers conferred by Sections 6 (2) and (5) of the Kakamega County Microfinance Corporation Act, 2013, the Selection Panel for appointment of members of the Board of Directors of the Kakamega County Microfinance Corporation-body Corporate incles applications from suitably qualified persons for the positions of

Members-Four (4) Positions
The functions of the Kakamega County Microfinance Corporation are to-
• provide microfinance barking services to micro and medium enterprises in Kakamega County
• undertake any business-related microfinance banking in Kakamega County and
• carry out such other role cry for the better provision of Financial services for micro and mines in Kakamega County in order to promote business and investment growth within the county and announce access to credit and financial services to micro and medium enterprises

Qualifications For Appointment Of Members Of The Board Of Directors
A person shall be qualified for appointment as a Member of the Board of Directors of the Kakamega County Microfinance Corporation under section 7 (2) and (3) of the Kakamega County Microfinance Corporation Act, 2012, if that person
• holds a bachelor's degree or its equivalent either in comics business law finance, accounting or any other related field from a recognized university and has experience of at least five (5) years in management
• is fit and proper to be in the Board of the corporation as prescribed by the Central Banc of Kenya
• is not a director in a bank or micro-finance on and
• the requirements of Chapter Six of the Constitution of Kenya

Functions Of The Board Of Directors
• Ensure proper and efficient exercise of the powers and performance of the functions of the Corporation
• Uphold the vision and mission of the Corporation
• Provide strategic guidance to the Corporation and ensure effective organizational planning
• Advise the management of the Corporation generally on the exercise of the powers and the performance of the functions of the Corporation
• Approve the estimates of the revenue and expenditure of the Corporation f Ensure effective and efficient risk management
• Oversee the management performance and
• Perform such other functions as are provided for under the Kakamega County Microfinance Corporation Act, 2018 or any other

Terms Of Service
• Members of the Board of Directors shall hold office for a period of three years subject to the powers of the County Executive Member responsible for trade to determine by lot which two members shall vacate office after a period of two (2) years and may be eligible for re-appointment for one further term of three years
• The Chairperson shall be paid such allowances as the County Public Service Board shall determine in line with the Salaries and Remuneration Commission guidelines.


Job Experience: No Requirements

Work Hours: 8

Level of Education: Bachelor Degree

Job application procedure

Written applications enclosing detailed curriculum vitae, Copies of academic and professional certificates and ID card clearly indicating the position applied for on the Envelope should be submitted in a sealed envelope and addressed to:
The selection panel
County Government of Kakamega
P. O Box 36-50100,
KAKAMEGA

Or delivered by hand at the Office of County Secretary, Office of the Governor, Kakamega County Headquarters. To be received on or before 19th February, 2023. Email applications to be sent to selection panel at selectionpanel@kakamega.go.ke 

Note 1:
Shortlisted candidates will be required to produce clearance certificates from the following institutions to meet requirements of Chapter Six of the Constitution of Kenya:
• Kenya Revenue Authority
• Higher Education Loans Board
• Ethics and Anti-Corruption Commission
• Criminal Investigation Department
• Credit Reference Bureau

Note 2:
• All applicants are required to clearly indicate their Home County, Sub-County and Ward
• Only Successful candidates will be notified.

PLEASE NOTE:
• The County Government of Kakamega is an equal opportunity employer.
• Persons living with Disabilities are encouraged to apply.
• Only shortlisted and successful candidates will be contacted.
• Successful candidates will be required to get clearance from: Kenya Revenue Authority; Higher; Education Loans Board; Ethics and Anti-Corruption Commission; Directorate of Criminal; Investigation; and A Registered Credit Reference Bureau.


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