By John Kariuki
The State Department of Shipping and Maritime Affairs has earned national recognition for excellence in financial reporting, clinching the prestigious 1st Runners-Up position at the 2024 FiRe Awards. The event, held on Friday, December 6, 2024, celebrates exemplary financial reporting, corporate governance, and sustainability practices across Ministries, Departments, and Agencies (MDAs) in Kenya.
The FiRe (Financial Reporting) Awards are a distinguished annual initiative organized jointly by the Institute of Certified Public Accountants of Kenya (ICPAK), the Capital Markets Authority (CMA), and the Nairobi Securities Exchange (NSE). They aim to promote accountability, transparency, and adherence to international accounting standards in both the public and private sectors.
Receiving the award on behalf of the department, Principal Secretary Geoffrey Kaituko expressed immense pride in the accomplishment. “This recognition underscores our unwavering commitment to maintaining high standards of financial reporting and resource utilization. It reflects the diligence and professionalism of my team, led by Henry Mobegi, in adopting international accounting principles to ensure transparency and efficiency,” said Kaituko.
The department’s outstanding performance earned it the second overall ranking among all MDAs in the country, a testament to its leadership in governance and financial integrity.
Kaituko reaffirmed his department’s dedication to sustaining these high standards in service to the public. “This achievement inspires us to aim even higher as we continue to uphold the principles of accountability and excellence in all our operations,” he added.
The recognition is not only a milestone for the State Department of Shipping and Maritime Affairs but also a strong message of the government’s commitment to financial transparency and effective resource management.