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The Kenya Power & Lighting Company Limited, Staff Retirement Benefits Scheme 2006 ("the Scheme”) was established on 1 July 2006, following the closure of the Defined Benefits (DB) Scheme on 30th June 2006. As a Defined Contributions Scheme, the Scheme is managed by a Board of Trustees whose membership is divided equally between Sponsor nominated Trustees and Member nominated Trustees. The administrative functions of the Scheme are undertaken by the Secretariat of the Defined Benefits Scheme in an arrangement whereby the DC Scheme pays an administrative fee to the DB Scheme. The Scheme was established by the Sponsor with the main objective being to provide benefits to employees (members) upon retirement or to their dependents in the event of death in service.
The Board of Trustees of Kenya Power Pension Fund intends to recruit a qualified professional to the position of Chief Executive Officer/Trust Secretary.
The Pension Fund mandate is to provide benefits and pension for all permanent and pensionable employees of Kenya Power and Lighting Company plc, Kenya Electricity Transmission Company Limited and Nuclear Power and Energy Agency while focusing on the investment of the Fund’s assets that will ensure the preservation of capital and diversification of investment portfolio to minimize associated risks across asset classes, sectors and stocks.
The job holder will report to the Board of Trustees and be responsible for managing the Pension Fund on behalf of the Trustees, supporting the Board in driving strategy and policy changes, and leading the executive team on a day-to-day basis to deliver services in accordance with set targets.
Key Responsibilities:
PROFILE
Academic Qualifications
Professional Qualifications
Experience
Key Competencies
Candidates will be required to satisfy the requirements of Chapter Six of the Constitution of Kenya on leadership and integrity, and are thus required to submit clearance certificates from the following institutions together with the job application:
The Chief Executive Officer/Trust Secretary shall hold office for a term of five (5) years renewable contract based on performance.
Applicants can access the advertisement and application details on the Kenya Power Pension Fund website https://www.kppf.co.ke/careers/. Applicants should email their application to dbchairman@kppf.co.ke and attach copies of certificates and a detailed CV indicating current position, qualifications, work experience, current and expected remuneration, names of at least three (3) professional referees and daytime telephone number.
Applications should reach us not later than 9th April 2021. Only short-listed candidates shall be contacted.
Canvassing shall lead to automatic disqualification.
KPPF is an equal opportunity employer.
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