Kenya Re, four other listed firms to delay financial results

Kenya Re, four other listed firms to delay financial results

Delegates during a Kenya Reinsurance Corporation (Kenya Re) investors briefing on August 2, 2019. FILE PHOTO | SALATON NJAU | NMG Five Nairobi Securities Exchange (NSE)-listed firms have announced delaying the release of their full-year results citing the need for more time to complete audit processes. Kenya Reinsurance Corporation (Kenya Re) is the latest company […]

Bharat Thakrar officially resigns as Scangroup CEO and board member

Bharat Thakrar officially resigns as Scangroup CEO and board member

Scangroup has announced the official resignation of Mr. Bharat Thakrar. Mr. Thakrar tendered his resignation as CEO and board member, which the board has accepted. He has also resigned a director of the Company’s subsidiaries and affiliates. The resignation comes after an announcement was made by the Company dated 18th February 2021 . The announcement […]

Bharat Thakrar resigns as WPP Scangroup CEO amid probe

Bharat Thakrar resigns as WPP Scangroup CEO amid probe

WPP Scangroup CEO Bharat Thakrar, who has resigned following misconduct allegations. PHOTO | FILE Bharat Thakrar resigns as WPP Scangroup CEO and board member following his suspension over alleged gross misconduct last month. In a statement, Scangroup board announced that it had received Bharat’s resignation letter and accepted it. “The Chief Executive Officer, Mr Bharat […]

Suspended Scangroup CEO Bharat Thakrar resigns over gross misconduct

Suspended Scangroup CEO Bharat Thakrar resigns over gross misconduct

•Thakrar also resigned as director of the company’s subsidiaries and affiliates. •In a statement on Wednesday, the board said the investigation into the allegations of gross misconduct and possible offenses against the two executives will continue despite the resignation. Immediate SCANGROUP CEO Bharat Thakrar WPP Scangroup Plc founder and Chief Executive Officer Bharat Thakrar has […]

Suspended Scangroup founder Bharat Thakrar resigns as CEO

Suspended Scangroup founder Bharat Thakrar resigns as CEO

WPP Scangroup’s #ticker:SCAN founder and long-serving chief executive Bharat Thakrar, who had been suspended last month from the marketing services firm over unspecified allegations of gross misconduct, has resigned. Mr Thakrar, 69, was suspended alongside the chief finance officer Satyabrata Das, on February 18. “The company announces that the chief executive officer, Mr Bharat Thakrar, […]

Kenya: Bharat Thakrar Resigns as WPP Scangroup CEO Amid Probe

Kenya: Bharat Thakrar Resigns as WPP Scangroup CEO Amid Probe

Bharat Thakrar resigns as WPP Scangroup CEO and board member following his suspension over alleged gross misconduct last month. In a statement, Scangroup board announced that it had received Bharat’s resignation letter and accepted it. "The Chief Executive Officer, Mr Bharat Thakrar, has tendered his resignation as CEO and board member, which the Board has […]