Kenyan corporates lack adequate capacity to offer effective oversight on behalf of investors: KPMG

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Kenyan corporates board of directors and audit committees among are said to lack adequate capacity and the appropriate skills set to monitor management and offer effective oversight on behalf of shareholders and investors. According to David Leahy head of governance and risk compliance services at audit firm KPMG there is need to better equip board members and audit committees to ensure effective oversight and enhanced corporate governance.

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