WPP Scangroup has announced that the Board of Directors has suspended the employment of the CEO Mr. Bharat Thakrar and the CFO Mr. Satyabrata Das. The suspension comes to allow for investigation for allegations of gross misconduct and possible offences in their capacities as senior executives and employees of the company. The Group has delegated […]
• The board is expected to consider the appointment of an interim Chief financial officer in due course. • Following the suspension, the board delegated authority to an interim Chief Operating officer Alec Graham to ensure continued management. Chief executive of WPP Scangroup Bharat Thakrar The WPP-Scangroup Plc has announced the suspension of its CEO […]
WPP now holds 50.1 percent stake in Scangroup from 33.61 percent following the success of the transaction/FILE NAIROBI, Kenya, Feb 19- WPP Scangroup has suspended its Chief Executive Officer Bharat Thakrar and finance boss Satyabrata Das over gross misconduct. In a statement the board also announced the appointment of a new CEO on an interim […]
Bharat Thakrar during a past interview on the JKL show on Citizen TV Kenya. WPP-Scangroup Chief Executive Officer Bharat Thakrar and the Chief Finance Officer Satyabrata Das have been suspended. The Board of Directors said the suspension is to allow for investigations into allegations of gross misconduct and possible offences in their capacity as senior […]
WPP Scangroup’s #ticker:SCAN founder and long-serving chief executive Bharat Thakrar has been suspended from the marketing services firm over unspecified allegations of gross misconduct. Mr Thakrar, 69, was suspended alongside the chief finance officer Satyabrata Das, effective today. “WPP-Scangroup Plc announces that the board of directors has suspended the employment of the Chief Executive Officer, […]
Article content NAIROBI — Shares of Kenyan marketing company WPP Scangroup plunged by more than 7% on Friday, after the firm suspended its chief executive to investigate allegations of gross misconduct. At 0951 GMT, its shares were trading down 7.4% at 5.50 shillings ($0.05) on the Nairobi Securities Exchange, Refinitiv data showed. The company said […]
NAIROBI, Feb 19 (Reuters) – Shares of Kenyan marketing company WPP Scangroup plunged by more than 7% on Friday, after the firm suspended its chief executive to investigate allegations of gross misconduct. At 0951 GMT, its shares were trading down 7.4% at 5.50 shillings ($0.05) on the Nairobi Securities Exchange, Refinitiv data showed. The company […]
Nairobi Securities Exchange (NSE) has joined a global club seek companies to increase the share of women in boards and top management by at least a third. The NSE is now be part of the 30percent club, a global campaign led by chairs and CEOs vowing to increase gender diversity at board and senior management […]
The Nairobi Business Ventures #ticker:NBV (NBV) share is the biggest gainer this year at the Nairobi Securities Exchange #ticker:NSE, boosted by a big rally earlier this month following the Sh83 million takeover of the firm by Dubai-based Delta International FZE. Media, manufacturing and banking stocks on the other hand have been the worst hit by […]
The Nairobi Business Ventures #ticker:NBV (NBV) share is the biggest gainer this year at the Nairobi Securities Exchange #ticker:NSE, boosted by a big rally earlier this month following the Sh83 million takeover of the firm by Dubai-based Delta International FZE. Media, manufacturing and banking stocks on the other hand have been the worst hit by […]
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