Saturday 26 March 2016

People Behind NBK's Stagnation



One of Director who recently left the bank and who sought anonymity over a glass of champagne walked into my sight with more than just whistles in his mouth, but also with trail-blazing evidence in tow and had to say the following; 

Today is my last day at NBK after almost 3 years at the firm as a diminishing director (with a diminishing portfolio and control over time). I believe I have worked here long enough to understand the trajectory of its culture. And I can honestly say that the environment is toxic and saline as I have never seen it.

To put the problem in the simplest terms, since one Mr. Kering joined the board, the interest of the client continue to be sidelined in the way the firm operates and thinks about making money. NBK had seemingly overturned into a profit making engine after previous political exploitations and shareholders had started smiling. But as from 2015 when the monster joined the board things have changed and more than ever one can now believe that he came with an agenda to bring the organization down with an aim of buying at a lower cost.

He continues the firm has veered so far from the place we had taken it and I can no longer in good conscience say that I identify with what it stands for, Msc in Tribal Engineering.
It might sound  surprising to a skeptical public but culture was already made a vital part of Kering to NBK’s success. Though short lived, it revolved around teamwork, integrity, a spirit of humility, and always doing right by our clients. The culture was to be a secret sauce and recipe which was to make NBK a great place for both staff and customers and hence profit making. Since the monster appeared I could no longer pride myself with the organization and had to leave. For one I was not even sure whether the appointment of this board member was legal or he forced himself and every time I convinced myself was a vulture incarnate in waiting.

With the above reference and King Kering to make good his agenda of buying a poor performing Bank at a low cost and at a throw-away price he has been fronting a non-performer, Mr. Reuben Koech to lead the bank and deliver vulgar agenda and indeed pushed his directorship at the Bank in the wake of non-performance of the corporate business which he headed since its inception at the 6 years transformation agenda. You may doubt this but only time will tell and you will come back to this blog to get the facts as leakage before the exam.
So, what makes Reuben Koech the best director for King Kering is his dangerous appetite to everything from employment, under performance to social over performance as below;

1.       As earlier mentioned the Bank director made money from a fund-back strategy and could be seen contributing to political campaigns for the Kericho senatorial seat in what was seen as purchasing political loyalty. Indeed the director has been campaigning for over two weeks fully on employer’s time in what can be can be interpreted as abuse of office. In addition the law requires that when one joins politics, they should honorably step-aside from active employment but since a slice mount of NBK belongs to Rift Valley, residents of Rift Valley would ordinarily do their wish un-shaken.
2.       It was twenty minutes to midnight on this Thursday when the director developed a craving for romance – he badly needed a kiss. The director married with children grabbed his mobile phone and typed out a message. “ Maybe you should come kiss me over the weekend”. The director wrote and then squeezed the send button. To answer this call one woman whom I mentioned before and I shall call her the ‘directee’ for today called the director into a private restaurant on Friday and struck an arrangement to sleep over Masaai lodge for the weekend.
So in the evening of this Friday both lovebirds checked into the lodge with families fully convinced that the randy spouses were campaigning In Kericho. Both the director and the 'directee' rendezvous in the hotel over the weekend.
“……. I had such a smooth and fruitful weekend,” the ‘directee’ thundered to the director while on their way to the PRADO parked under a treat the lodge.
“You have revived I me what I thought I long lost the passion to love again” she claimed. Alhamdullilai Kongoi I love you” the director responded in a sedative tone.

Sources close to the blog say that the repeated violation of the statutory code of conduct for public office holders such as hiring girlfriends and mistresses without complying with Public service rules, dating married and un married women within the bank and flirting with them over during official working hours have become defining characters to the Bank.

An official said of the director had enthroned tribalism at the bank, arbitrary hiring girlfriends and relatives and engaging in extramarital relationships with staff in what is now dubbed ‘the gate opening policy’

This man (the director) is most morally bankrupt director that NBK has ever had, the official, who did not want to name for fear of reprisal, told me. ‘Forget all the pretenses he is a shameless man full of loose character”.

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