Archives May 2021

Board Audit and Risk Assurance Committee undergoes Induction training

Board Audit and Risk Assurance Committee undergoes Induction training

Good governance is a key agenda of the Board. In order to enhance this, today the Board Audit and Risk Assurance Committee underwent an intensive induction training.

This is following the appointment of two new Committee Members. Mrs. Mary Kundu coming in as Chairperson and Mrs. Nelly Mukoko representing Lake Victoria North Water Works Agency.

The Board has been trained on finance for none Finance, Audit Committee guidelines, Effectiveness of Audit and Audit Committee, Ethical leadership among others which are key governance areas necessary for the performance of the Committee roles.

The Board Audit and Risk Assurance Committee is a key organ of the Board and of the Company charged with Governance, Risk Management and Internal Controls.

In attendance were Prof Laban Ayiro, Chairman of the Board, Mrs. Mary Kundu, Chairperson Audit and Risk Assurance Committee, Mrs. Jane Mitei and Mrs. Nelly Mukoko, Committee Members, CPA Powel Mmbone, Internal Audit Manager, Ms. Christabell Ashiono, the Principal Legal Officer and Board Secretary