Thursday, January 23, 2014

Shelter Afrique starts hunt for CEO after Kenya split


Shelter Afrique managing director Alassane Ba. Photo/FILE
Shelter Afrique managing director Alassane Ba. Photo/FILE  NATION MEDIA GROUP
By DAVID HERBLING

In Summary
  • The post is currently occupied by Alassane Ba, who has been at the helm of Shelter Afrique since July 2009 and his term is expected to end in June.
  • An earlier attempt to replace Mr Ba split the agency’s board and kicked off a storm after Kenyan government officials called for his arrest and prosecution despite his diplomatic immunity similar to those enjoyed by diplomats.

Shelter Afrique has started a fresh search for a managing director a year after Kenya’s attempts to cut short the tenure of the current MD were thwarted.

The Pan-African homes financier has placed an advertisement in the latest edition of The Economist magazine for the posts of managing director and independent board director.
The post is currently occupied by Alassane Ba, who has been at the helm of Shelter Afrique since July 2009 and his term is expected to end in June.

But Kenya, which owns an 11.9 per cent stake in Shelter Afrique, last year pushed for the ouster of Mr Ba after he allegedly assaulted the firm’s finance director Karen Kandie in June 2012.
This saw the firm advertise Mr Ba’s position in January last year and planned to replace him in June 2013, a year before the end of his contract.

The move was, however, revoked by the firm’s board chairman Corneille Karekezi. “The institution would like to fill the position of managing director at its headquarters in Nairobi, Kenya,” reads the Shelter Afrique vacancy announcement.

The earlier attempt to replace Mr Ba split the agency’s board and kicked off a storm after Kenyan government officials called for his arrest and prosecution despite his diplomatic immunity similar to those enjoyed by diplomats. Mr Ba was alleged to have assaulted Ms Kandie in his office on June 28 last year.

In her statement to the police, Ms Kandie claimed that this happened when she went to consult him regarding her end-of-year performance appraisal.

The house financier appointed UK firm Kroll Advisory to investigate the assault claims but the consultant could not tell who between the two executives was on the wrong.


Kenya, nonetheless, pushed for the sacking of Mr Ba and non-renewal of Ms Kandie’s term which ended in November 2012.
On the wrong
Those seeking to succeed Mr Ba must be nationals of one of the 44 Shelter Afrique member countries and should hold a master’s degree in fields such as management and economics and backed by at least 15 years’ experience in leadership positions.

The new MD will have a five-year term renewable once, while the director will be in charge of risk management and audit and will serve a three-year term renewable only once.
Mr Ba, a Mauritanian, holds a Master’s degree in economics from the University of Dakar, Senegal and a Bachelor’s degree in management from University of Paris I, Sorbornne.

No comments :

Post a Comment