Kenya will take the East African Business Council (EABC) chairmanship at the upcoming regional appointments by the body.
The new business leaders to will be appointed to the regional business council by the end of this month in Nairobi, Kenya at its 19th EABC Annual General Meeting.
The Annual General Meeting (AGM) is the supreme policy making organ of the East African Business Council (EABC). The AGM meets once a year to elect the Executive Committee headed by the Chairperson, receive annual report on the initiatives undertaken by the Secretariat and give overall direction to the Secretariat in line with the Strategic Plan and interests of the business community in East Africa.
“In accordance to the principle of rotation, the new chair is expected to come from Kenya” said Ms. Lilian Awinja EABC, Executive Director.
The EABC Board of Directors consists of 22 members, headed by a Chairperson, elected from the Partner States on an annual rotational basis. Each country nominates 4 Members to the Executive Committee.
“The new Board Directors will guide the council’s advocacy strategies and campaigns in a bid to boost trade, industries, and investments in the region,” said Ms. Lilian Awinja EABC, Executive Director.
The New Chairman will take over from the current one Mr Kassim Omar from Kampala, Uganda who was at the helm of the council for the 2017/2018 period. Mr Omar had taken over from Mr Audace Ndayizeye for the period 2016/2017.
The last Kenyan Chairperson was Mr Vimal Shah, former CEO of Bidco.
The EABC recently celebrated its 20th Anniversary, the new Board Directors are crucial to monitor the council’s strategy of which among other areas, aims to advocate for clear rules and regulations governing business amongst the EAC Partner States, in light of the East African Common Market and other protocols that have a direct impact to the Private Sector.
EABC was established in 1997 to foster the interests of the Private Sector in the Integration process of the East African Community. Being the representative of Private Sector associations in the region, EABC was granted observer status in organs and activities of the East African Community (EAC). EABC therefore participates in various sectoral meetings, meetings of the Coordination Committee, the EAC Council of Ministers, and the Summit of the EAC Heads of State; with a view to ensure, that the agenda of the Private Sector is well articulated and received by the policy makers.
EABC Membership is drawn from the six East African Partner States and is open to all national and regional associations as well as Corporates with interest in the EAC Integration process or operations in the region. At national level, EABC activities are coordinated through the EABC National Focal Points, who are also the national Private Sector umbrella bodies. These are Federal Chamber of Commerce and Industries Burundi (CFCIB), Kenya Private Sector Alliance (KEPSA), Rwanda Private Sector Federation (PSF), Tanzania Private Sector Foundation (TPSF) and Private Sector Foundation Uganda (PSFU).