Former Nairobi Governor Dr Evans Kidero after accusing the Ethics and Anti-Corruption Commission (EACC) of searching his Wife’s properties, Dr Susan Mboya has finally resigned as a Director and Chairperson of the Board of Directors at Liberty Holdings.
Her move has left many wondering whether the Dr was forsedor it was out of her own free will.
In a statement, the company communicated that Non-Executive Director Philip Odera will act as Chairman.
“Under her tenure, the company received acknowledgment as a leading listing company in corporate governance,” read the statement.
The board thanked Dr. Mboya for her invaluable service and wished her well in her future endeavours.
She has left at a time when analysts have projected better financial performance for the company on the back of expected growth of the insurance firm’s long-term business.
Susan joined Liberty Kenya Holdings Plc (formerly Liberty Kenya Holdings Limited) Board in 2011 and was appointed to chair it in 2012.
She was also a Director at Eurasia Africa Group (EAG) for Women’s Economic Empowerment at Coca-Cola.
In this role, she was leading the group’s deployment of an initiative undertaken by the Coca-Cola Company to empower five million women entrepreneurs across the Coca-Cola System by 2020.
She has previously been awarded the Elder of the Burning Spear (EBS), the highest civilian award from the Kenya Government in recognition of her dedication and service to the Country’s youth through the Zawadi Africa Educational Fund.
In addition to her global corporate foundation experience she is also an industrial pharmacist having received a doctorate in Industrial Pharmacy from the Massachusetts College of Pharmacy.
The former Nairobi Governor who is faced with corruption charges accused EACC of taking advantage of the Magistrate Court’s search orders to cart away, among other things, his wife’s documents.
According to Kidero, where spouses are concerned, the EACC had ignored that Dr Mboya was an independent party.
The court heard that EACC had searched the properties of his wife, Susan Mboya, and his children and carried away documents although they have a right to their own investments.
He argued that the court should have known that Mumias Sugar was a private entity that was run by successive boards of directors.
Through lawyers James Orengo, Nelson Havi and Tom Ojienda, Dr Kidero argued that: “Had they made that disclosure, the court should have known that it had no powers to issue the orders.”