EABL: Group finance director was re-assigned

Former EABL Group Finance Director Ms Tracy Barnes (left) was re-assigned new global role, the firm confirms. PHOTO | DIANA NGILA | NATION MEDIA GROUP 

In Summary

“As a matter of record EABL has to date not received any formal complaint from any former or existing employee regarding the allegations that were investigated, cleared and closed by the immigrations department,” EABL statement said.

By JAMES KARIUKI
More by this Author

Outgoing East African Breweries Limited (EABL) Group Finance Director Tracey Barnes was re-assigned a new global role within EABL’s parent company, Diageo PLC.

EABL has denied that Tracey’s relocation was caused by other issues within the company terming the allegations as baseless.

The firm Tuesday stated that her relocation from Kenya was a normal rotation after she successfully served her three-year term during which she strengthened EABL’s talent and developed a strong gender empowerment platform in East Africa.

“Ms Tracey is a well-respected senior leader in EABL and has a strong track-record of developing people in roles she has held in Europe, North America and Africa.

“Such rotations are a common practice within multi-nationals. Tracey’s role being a statutory one in the board requires a formal resignation communicated to the regulatory authorities and the public in order for a formal appointment to be made for her replacement,” EABL said in a statement.

NO FORMAL COMPLAINTS

EABL asserts that it has not received any formal complaint from any former or existing employee regarding the allegations that were investigated, cleared and closed by the immigrations department.

The statement further notes that under Tracey’s stewardship, the business achieved significant milestones among them a real transformation of the EABL balance sheet including securing external debt in the Kenyan capital market and the establishment of the African Shared Service Centre.