×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

How accountant who took a pay cut plans to fix the mess at FEP

Last month he was appointed the new CEO of FEP Holdings, a firm that was recently turned away by Central Bank of Kenya in its quest to invest in the banking industry. Korir says he wants to defy all the wobbly beginning and turn around the fortunes of this loss-making investment firm.PHOTO: COURTESY

He was at first hesitant to take up the job offer. He had some reservations about Fountain Enterprise Programme (FEP) Holdings. But Maurice Korir now wants to steer the firm to safer waters.

Last month he was appointed the new CEO of FEP Holdings, a firm that was recently turned away by Central Bank of Kenya in its quest to invest in the banking industry. Korir says he wants to defy all the wobbly beginning and turn around the fortunes of this loss-making investment firm.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902