Entry Instance

HTTP 200 OK
Allow: GET, PUT, PATCH, DELETE, HEAD, OPTIONS
Content-Type: application/json
Vary: Accept

{
    "id": 462839,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/462839/?format=api",
    "text_counter": 292,
    "type": "speech",
    "speaker_name": "Hon. Ichung’wah",
    "speaker_title": "",
    "speaker": {
        "id": 1835,
        "legal_name": "Anthony Kimani Ichung'Wah",
        "slug": "anthony-kimani-ichungwah"
    },
    "content": "In the second part, I am asking that we insert the paragraphs, as contained in the amendment. All I am asking is that in the process of recruiting a Chief Executive for the regulatory Authority, we should ensure that we comply with Chapter Six of the Constitution, in terms of the integrity of the holder of such an office. The second bit touches on the qualifications of the holder of that office. It suggests that one should have all the relevant qualifications to hold such an important office. Of course, there is the question of being a member of a professional body.I have left that open since we are talking about insurance, audit, accounting, finance, actuarial science, business studies or banking. In the last bit we are just saying that person ought to be a member of a recognized professional body in any of those professions recognized in Kenya. The other bit of the amendment is inserting a new subsection immediately after Subsection (4) as has been put on the Order Paper. Over the years, the IRA was a department within the Ministry of Finance; the holder of this particular office of Commissioner and CEO of IRA has held this position for a long time without any open recruitment being done. In line with what I proposed earlier to have an open and competitive process of recruiting the CEO, I am asking that we also limit the term of such a CEO to two three-year terms – you serve the first three years and then you will be eligible for reappointment for a further term of three years. This caps at a maximum of six years. The current holder of this position has been there for very many years. I can tell you that I worked in the insurance industry in my earlier years, that is about 11 years or 12 years ago and it is the same person who has been holding that office. Therefore, I am asking that we give other Kenyans an opportunity to be recruited for this office competitively. On the coming into force of this Act, the person who is currently holding this office can continue holding this office until his term expires or for a further period of two years, whichever time is sooner, and will not be eligible for further reappointment considering that for the last 12 years--- I believe I have satisfied the Chairman of this Committee."
}