Chairperson âÃÂàBusia County (Public Officers) Revolving Fund Board at County Government of Busia
County Government of Busia
ADVERT NO: CPSB/10/2025
Duties and responsibilities
The responsibilities of the Board Chair shall be: -
In accordance with the provisions of the Act and the Regulations thereof and on behalf of the County Government,chair the board committee meetings;
Facilitate the establishment of mechanisms for mobilization of resources to increase the Fund capital;
Take lead in proposing to the County Executive Member on the available profitable investment opportunities on surplus funds;
Lead consultations and collaborations with the County Public Service Board and Salaries and Remuneration Commission to ensure that all decisions made under this Act conform to the guidelines or directives issued by the Salaries and Remuneration Commission;
Lead in establishment of criteria to be met by applicants to access the Fund by way of loans;
Take leadership in determination of the modes and methods of repayment of the loans granted;
Lead in establishment mechanisms for receiving, process and approval or otherwise applications for loans from and by applicants;
Set up and implement procedures for loan recoveries and defaults;
Lead in formulation of mechanisms for loan recoveries in the event of default
Perform such other functions, with the approval of the Executive Committee Member as may be necessary or appropriate for the better carrying out of the provisions of the Act.
Requirements for Appointment
Be a Kenyan Citizen and ordinarily a resident and carrying on business in the County;
Possess a Bachelor's degree in Finance, Accounting, Economics or any Business related course from a university recognized in Kenya. Masters in related field will be added advantage.
Masters in related field will be added advantage
Has a working experience of not less than five (8) years;
Is not a public officer;
Satisfies the provisions of Chapter Six of the Constitution.