Business & Financial News
What Joe Sang’s return to Kenya Pipeline means for the cash-rich Parastatal

Joe Sang re-appointed KPC Managing Director

By Isaac OGANGA

The board of Kenya Pipeline Company (KPC) has re-appointed Joe Sang as the Managing Director for a four-year term.

His appointment takes effect immediately and renewable on performance.

“I am pleased to announce the appointment of Mr. Joe Sang as the Managing Director after emerging top in the just concluded recruitment process. Mr. Sang’s contract will be for a fresh term of four years, renewable subject to performance,” noted KPC Chair Faith Boinett.

Mr. Sang was appointed the MD of the State Corporation responsible for the storage, transportation, and delivery of petroleum products towards the end of April 2016.

But his tenure was cut short after he was forced to resign in December 2018 under what he terms as immense pressure and duress.

He and other senior managers of KPC were arrested on December 7, 2018, and charged with implementing the Kisumu oil jetty project which cost taxpayers an alleged loss of Sh1.9 billion.

He was been charged together with former KPC company secretary Gloria Khafafa, manager of the supply chain Vincent Cheruiyot, manager of infrastructure Billy Asaka, procurement manager Nicholas Gitobu, and general manager of finance Samuel Odoyo.

They were charged with abuse of office, engaging in a project without prior planning, and willful failure to comply with guidelines relating to the management of public funds in the construction of the Kisumu oil jetty.

Sang, a governance and leadership expert, settled on consultancies and dairy farming on his farm at Kabianga, Kericho County, and farming herbs in Elburgon, in the neighboring Nakuru County.

He has previously worked with WHO-KEMRI as a Project Economist, Financial Accountant with National Oil Corporation of Kenya (NOCK), Management Accountant with Unga Limited, Head of Finance for East African Breweries Limited (EABL) Subsidiary, Head of Group Performance and Reporting for East African Breweries Limited (EABL) Group, General Manager Finance & Strategy with KPC and later Managing Director in April 2016.

Mr. Sang holds a Bachelor of Arts Degree in Economics and a Master of Business Administration (MBA), Strategic Management, both from the University of Nairobi. He is a Certified Public Accountant (CPA) and Member of the Institute of Public Certified Accountants of Kenya (ICPAK).

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