Pursuant to the constitution of Kenya (2010) and the County Microfinance Corporation Act, 2014, the County Government of Meru established a Microfinance Corporation mainly with the objective of providing microfinance banking services to small and medium enterprise, undertaking any business related microfinance banking, carry out such other roles necessary for the better purpose of this Act, key among others.
1. Two professionals to the board and
2. The Managing Director who shall be an ex officio member of the board
Be a Kenyan citizenHolds a degree in economics, Business law, finance, accounting, business or any related field from a recognized universityHas experience of at least five years in management andMeets the requirement of chapter Six of the constitutionA person shall not be a member of the Board;
a) Unless the person is fit and proper to be in a Board of microfinance bank as prescribed by the Central Bank
b) If the person is a director in a Bank or a Microfinance
For the managing Director, the term of the office shall be three years, which may be renewed for further one and final term. However, Member of the Board shall be three years which may be renewed for one further term after which the person shall retire from the board for at least two years before eligible for reappointment to the board.
All applications should be submitted in a sealed envelope addressed to;
County Government of Meru
Department of Treasury
P.O Box 120-60200
Meru.
NB. Applications should reach County Government Department of Treasury on or before Monday 24th November 2014.
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