Corprate Governance


At Ricowell, we are committed to the highest level of corporate governance, which we consider very critical to business integrity and maintaining our partner’s and client’s trust. Our corporate culture values and rewards the highest ethical standards, personal and corporate integrity. The company expects all its directors and employees to act with integrity, honesty, professionalism and fairness at all times. We strive to act in accordance with the laws of the Republic of Kenya and respect the culture of the Kenyan people.

Board Composition The board consists of three members who are responsible for corporate governance.

Board Meetings Meetings are held quarterly and more frequently if circumstances require.

Board Decisions The board has a formal schedule of matters, specifically reserved for decisions, including the approval of the company’s commercial strategy, major capital, projects, and borrowing, among others. The board delegates responsibility for day to day activities to the Managing Director.