Super Admin

Super Admin

Do millennials matter in matters corporate governance? – The missing perspective in the boardroom

 By Hosea Mutwiri Kanyanga and Gilbert Kiprono

 Key words: Millenials, Boards, Governance 


Corporate governance refers to the mechanisms, processes, and relations by which corporations are controlled and directed. The issue of corporate governance has become more pressing in recent times due to high-profile cases of corporate scandals, corruption, and mismanagement. One question that needs to be addressed is whether millennials matter in matters of corporate governance.

Millennials refer to individuals born between 1981 and 1996 – are the largest living generation globally, accounting for over 25% of the world's population. As such, they represent a significant demographic, and their preferences and behavior can significantly impact the economy, markets, and society. However, despite being the largest demographic group in the workforce, millennials have not yet gained much representation in the boardroom or executive roles.

The missing perspective in the boardroom

Corporate boards typically consist of experienced executives, seasoned professionals, and industry veterans who bring expertise, knowledge, and networks to the table. However, what they may lack is a fresh perspective, innovative ideas, and an understanding of the changing landscape, which millennials can provide. While millennials may not have the same level of experience as older counterparts, they bring critically different experiences, values, and perspectives to the table. They can help companies navigate disruptive technologies, demographic shifts, and changing societal norms that will shape the future.

Furthermore, millennials are more tech-savvy and digitally native than older generations, making them more attuned to the online ecosystem, social media, and digital platforms – essential areas for any business. However, one significant barrier to millennials' inclusion in the boardroom is the lack of diversity in the corporate world.

Another reason why millennials may not yet have significant representation in the boardroom is that they are still relatively young and may lack the necessary skills, experiences, and networks required to serve at the highest levels of management. However, this does not mean that companies should overlook the potential of younger generations entirely. Instead, they should focus on developing and nurturing talent from within, providing opportunities for growth, and creating a culture of innovation and inclusivity.

How can companies engage with millennials?

To take advantage of millennials' perspectives and insights, companies need to create an environment that engages, motivates, and retains young talent. One way to do this is to provide opportunities for professional development, mentoring, training, and networking. Millennials highly value learning and development opportunities, and companies that invest in their employees' growth can attract and retain top talent.

Another crucial factor is workplace culture. Companies should strive to create a work environment that is inclusive, collaborative, and empowering, where individuals feel valued, respected, and able to contribute their unique perspectives. This requires a shift from the traditional hierarchical and bureaucratic structures to more agile, flexible, and adaptive models that facilitate innovation, creativity, and experimentation.

Companies can also leverage technology to engage with millennials, who are highly attuned to digital channels such as social media, mobile apps, and virtual collaboration platforms. By embracing digital transformation, companies can connect with millennials more effectively, increase transparency, and foster a sense of community and belonging.


In conclusion, millennials matter in matters of corporate governance, and their perspectives, values, and experiences can provide a significant advantage to companies that seek to adapt, innovate, and thrive in the changing landscape. However, to tap into the potential of younger generations, companies need to create an environment that nurtures young talent, and fosters innovation. They also need to address the lack of diversity in the boardroom and ensure that the board reflects the stakeholder diversity and understands different perspectives. Ultimately, companies that embrace millennials' perspectives can create long-term value for all stakeholders and contribute to a more equitable, sustainable, and prosperous future.

About the Authors

Hosea Mutwiri is the Research and Strategy Officer, at the Institute of Certified Secretaries (ICS) responsible for promoting good governance by focusing on developing evidence-based research, policy, and publications that serves to inform development of sound and progressive governance practices among various entities in Kenya as well as driving innovation on governance profession. Mutwiri is an Economist with over three years’ experience in financial sector. Previously he worked at the Capital Markets Authority (CMA) across three functions: Research and Data Analytics, Policy and Regulatory Framework, and Product Development and Uptake. In addition, He holds MA (Econ), BSC (Econ & Stat), Diploma in Financial Markets Operations from University of Reading, UK and has undertaken the Capital Markets Programme from the Chartered Institute for Securities and Investment (CISI), UK as well as Certified Public Accountants (CPA) Kenya – Intermediate Level.

 Gilbert Kiprono is the Manager Research, Strategy and Business Development, at the Institute of Certified Secretaries (ICS). Kiprono is an Economist with over 10 years’ experience in governance research, trade research and policy. He is also adjunct Lecturer at University of Kabianga School of Business and Economics. Previously served as a member of the task force that developed the Kenya Investment Policy, National Export Development Strategy, National Trade Negotiation Council, and World Chambers Congress. In addition, He has served in two secondary schools both as a board member and chairman for 6 years. Kiprono is a trained and certified on enterprise and industrial development (Japan), certified professional mediator (MTI), certified trainer of trainers (CSIA) and Senior Management Course (KSG).



This publication contains general information only and Institute of Certified Secretaries is not, by means of this publication, rendering any professional advice or services. This publication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified professional advisor. ICS shall not be responsible for any loss sustained by any person who relies on this publication.

The official voting will commence online between Monday, May 15th, 2023 at 8:00 am and Wednesday, May 17th, 2023 at 5:00 pm as per the Elections Guidelines.
Voting is exclusively online (
The members who are eligible to vote have received tokens and a link to enable them vote.
To confirm eligibility please click here (
In case of any inquiries, please email This email address is being protected from spambots. You need JavaScript enabled to view it.


Friday, 28 April 2023 11:26



The State Corporations Advisory Committee (SCAC) partnered with the Institute of Certified Secretaries (ICS) to mount the 2023 induction workshop for Board Members of State Corporations.

This Board Induction was held in four Cohorts from 12th to 26th April 2023 at Lake Naivasha Resort, Naivasha with the first Cohort held between April 12th to 14th, 2023, and was officially opened by H.E. Dr. Musalia W. Mudavadi.

The Workshop was premised on good governance promotion in Kenya.

The collaboration between ICS and SCAC, that started way back in 2015, from MWONGOZO CODE of Governance for State Corporations in Kenya, has been further strengthened through this noble capacity building initiative.

This Board Induction Workshop brought together all Board Members and Chairpersons in all state corporations in Kenya, and created a platform for exchange of ideas, and robust engagement on corporate governance matters.

During this Induction Workshop, several topics and thematic areas were covered that include; principles of Corporate Governance under Mwongozo and Emerging Issues, Policy and Institutional Framework of State Corporations; emotional intelligence and Boardroom dynamics, Overview of Governance Audit Framework, Overview of Public Procurement and Disposal Framework for State Corporation, and Effective Management of Meetings, Ethics among others. 



Dear Member,

Kindly click relevant links to download the following documents:
1. Notice and agenda for the 21st  Annual General Meeting of the ICPSK Benevolent Fund to be held both virtually and in person on Friday, 19th May 2023, at CPS Governance Center, Nairobi starting 9.00 a.m.
2. Notice and agenda for the 32nd  Annual General Meeting of the Institute of Certified Public Secretaries of Kenya to be held on Friday, May 19, 2023 (as a hybrid meeting) both virtually and in-person at CPS Governance Center, Nairobi starting 11.00 a.m.
3. The ICPSK Council Election Guidelines
Relevant AGM documents will be shared in due course.

Attendance of each of the AGMs is allocated 2 CPDs. 



CS Gloria Kikete
Corporate Secretary

Thursday, 20 April 2023 11:25


Dear Member,
This is to notify you that the following candidates have been duly nominated by the Council to vie for positions of Chairman and Council Members in the upcoming AGM scheduled for Friday 19th  May 2023. The Council Elections will be conducted online between Tuesday 2nd  May at 8:00 am and Wednesday, May 17th at 11:59 am.
The vacancies to vote for:

  1. ONE (1) candidate for position of CHAIRMAN.
  2. SIX (6) candidates for position of COUNCIL MEMBER.




Member Number


FCS Joshua Willy Wambua



CS Malachi Omolloh Adedeh






Member Number


FCS Jacqueline Waihenya



FCS Dr. Nicholas Kibiwot Letting'



CS Joyce Njeri Mukururi



CS Pauline Wairimu Munyua



CS Simon Peter Mwangi Kariuki



CS Joseph Obonyo Mbeja



CS  Stephen Juma Saenyi



CS Judy   Olive Warui



CS William Kiema Sammy



  1. Candidates' Profiles will be circulated.
  2. Candidates and Members are reminded to familiarize themselves with the Council Election Guidelines to enhance the election process.
  3. More details on the elections and voting will be shared.
  4. Only fully paid-up members will be allowed to participate in the elections. Contact This email address is being protected from spambots. You need JavaScript enabled to view it. for your subscriptions status. 


Monday, 03 April 2023 08:08


The corporate secretarial profession has over the years evolved from traditional compliance and a greater focus is now on governance advisory services. This coupled with technological advancement, economic dynamics, and other changing trends in the global and local arena has necessitated the review of the Certified Public Secretaries of Kenya Act, Cap 534 of 1988 (“the Act”).

To this end, The Cabinet Secretary to National Treasury and Economic Planning appointed a multi-sectoral Taskforce in July 2022 to review the legal framework for the corporate secretarial profession. The Taskforce is in its final stages of this assignment and has developed a Draft Bill.

Pursuant to the Constitution of Kenya, 2010 and all other relevant legislation, the Taskforce in its 8th meeting approved Public Participation, with all Stakeholders, key among them, members. 


Please see below communication and give feedback in the input template also attached.





Dear Member,

The Institute welcomes papers for publication in the Annual International Conference and Leadership & Governance Workshop Magazines.

  1. Call for papers (Annual International Conference)
  2. Call for papers (Leadership & Governance Workshop)

Refer to above “call for papers” for respective submission details and deadline.
Kindly note that these Governance Magazines are not academic publication and therefore stringent academic writing style, including referencing and citations, is not strictly required.

For more information or clarifications, contact the undersigned.

Kind Regards,

Gilbert Kiprono

Manager, Research and Business Development

Call for papers (Annual International Conference)

Call for papers (Leadership & Governance Workshop)

Friday, 10 March 2023 09:37


Dear Member,
As part of encouraging the governance professionals to do research on corporate governance, ICS releases peer reviewed Governance Journal, Vol 1-Issue 1- 2023.   Click the links below to access an online version of the governance journal and governance journal editorial policy 2023.

  1. ICS Governance Journal - Vol 1 Issue 1 – 2023
  2. Governance Journal Editorial Policy 2023

Note that submission of articles to be considered for publication in the governance journal is on a rolling basis.  For more information or clarification, contact This email address is being protected from spambots. You need JavaScript enabled to view it.
Kind Regards,
Gilbert Kiprono
Manager, Research and Business Development

 ICS Governance Journal - Vol 1 Issue 1 – 2023

 Governance Journal Editorial Policy 2023

Friday, 10 March 2023 09:35


Dear Member,

We have Boldly incorporated technology and innovation by adopting a new ERP platform, and engaged new staff members, both aimed at enhancing Excellent services to members, as we Collaborate with stakeholders with mutual interests. We are also Agile in pursuing new frontiers, all the while maintaining our Integrity.

See a highlight of how we're doing all that in our Newsletter attached.

Happy reading and don't forget to give us feedback via This email address is being protected from spambots. You need JavaScript enabled to view it.

Yours sincerely,
CS Gloria Kikete
Corporate Secretary


Friday, 10 March 2023 09:33


Dear Member,

Reference is made to your investment in the CPS Governance Centre project.

As you are aware, we refunded the 1st tranche of 78% and we are already refunding the 2nd and final tranche of 10% bringing to the percentage refund of 88%.

The balance of 12% forms part of project sunk costs.

In the year 2022, the council started a project to develop cost effective facilities to house office space, meeting rooms and training facilities for members, students and stakeholders. Would you consider donating the amount to the development of project?

To understand the project better, click below links;

  1. Frequently asked questions
  2. Concept on semi-permanent structure

Otherwise, please contact 0734603173 to arrange facilitation of the refund cheque.

Page 1 of 3

Talk to us

Monday - Friday 08.00 - 17.00
+254 (0)20 359 7840

+254 (0)20 359 7842

Please publish modules in offcanvas position.