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Originally published by Capital Business
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business
May 12, 2026
9h ago

Govt drops two Directors from KPC Board after privatization

Govt drops two Directors from KPC Board after privatization

Sharon Irungu-Asiyo and Mohamed Birik Mohamed ceased serving as directors after the State revoked KPC’s status as a National Government entity, paving the way for the company’s new shareholders to appoint replacement board members. Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Kenyan government has removed two directors from the Kenya Pipeline Company (KPC) board following its privatization, which was finalized in March 2026.

  • Sharon Irungu-Asiyo and Mohamed Birik Mohamed are no longer serving as directors after the State revoked KPC’s status as a National Government entity.
  • The privatization was completed through an Initial Public Offering (IPO) that sold 65 percent of KPC's shares to the public.
  • This action paves the way for the new shareholders to appoint replacement board members.

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