Economy

Nelson Havi appointed Retirement Benefits Authority Chair

Former Law Society of Kenya (LSK) President Nelson Havi has been appointed the chairperson of the Retirement Benefits Authority (RBA).

His appointment came immediately after the National Treasury Cabinet Secretary Njuguna Ndungu revoked the appointment of Abdirahim Abdi.

“…the Cabinet Secretary for the National Treasury and Economic Planning appoints Nelson Havi to be a member and Chairperson of the Board of Directors of the Retirement Benefits Authority for a period of three (3) years,” the notice reads.

Havi is among loyalists in William Ruto’s circle who drummed up support for his presidential bid in the run-up to the last year’s General Election.

He ran for the Westlands Member of Parliament position on a United Democratic Alliance (UDA) ticket but was tossed out by Tim Wanyoni of the Orange Democratic Movement (ODM) party.

CS Ndungu also appointed former Bomet East MP Beatrice Kones a member of the Local Authorities Provident Fund board.

“…the Cabinet Secretary for the National Treasury and Economic Planning appoints –Under subsection (a) Beatrice Kones to be a member of the Board of Directors of the Local Authorities Provident Fund, for a period of three (3) years, with effect from the10th February 2023.”

Both Kones and Havi will sit at the helm of the parastatals for three years.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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