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BAE Systems forms advisory board on Tanzania

Discussion in 'Jukwaa la Siasa' started by n00b, Jun 17, 2011.

  1. n00b

    n00b JF-Expert Member

    Jun 17, 2011
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    17 Jun 2011 | Ref. 110

    BAE Systems today announces the formation of an advisory board on Tanzania.

    The Board will be chaired by Lord Cairns. Philippa Foster Back, OBE will serve as Deputy Chair. Additional independent members will be appointed to the Board in due course with the agreement of the Chair and Deputy Chair.

    The Company will be represented on the Board by four senior executives; Philip Bramwell (Group General Counsel), Linda Hudson (President & CEO of BAE Systems, Inc), Charlotte Lambkin (Group Communications Director) and Lawrence Prior (Executive Vice President of Service Sectors for BAE Systems, Inc) who will act as the Executive Liaison members.

    BAE Systems has made sustained efforts to become recognised as a leader in responsible business conduct. The formation of this Board forms part of this process and is in line with the settlement agreement with the Serious Fraud Office (SFO), approved by the Court in December 2010. As part of the settlement BAE Systems agreed to pay the sum of £29.5 million for the benefit of the people of Tanzania. The Company is now holding the sum as a fund in a treasury account and will confirm with the SFO the payments made from this account are consistent with the settlement agreement.

    The independent members of the Advisory Board will guide the Company as to the optimum means of applying the £29.5 million for the benefit of the people of Tanzania in accordance with all applicable company polices. In addition to disbursements from the fund, the Company is willing to explore opportunities to enhance its overall contribution by utilising its advanced technological capabilities to maximise the effectiveness of projects supported by the fund.

    Lord Cairns said: "I welcome the opportunity to Chair this Advisory Board. It provides us with a great opportunity to deploy this substantial fund in a way that will provide sustained benefit as Tanzania advances down the path to full development. I look forward to working with my fellow Board members, the company and others with relevant knowledge to deliver this important piece of work."

    Notes to editors

    Advisory Board on Tanzania - biographies of Independent Members
    Lord Cairns

    An investment banker by profession, Lord Cairns has had a long and distinguished career in both the business and the voluntary sectors. He served as both CEO and Deputy Chairman of S G Warburg plc, Chairman of BAT Industries plc and Chairman of Allied Zurich.

    He has also served as Chairman of the Charities Aid Foundation, Chairman of Voluntary Service Overseas, Chairman of the Overseas Development Institute and Chairman of the Commonwealth Business Council. He was a trustee of the Princess of Wales Memorial Fund.

    Lord Cairns has extensive experience of Africa through many of the above. He was also for 10 years Chair of the Commonwealth Development Corporation which made substantial investments both in Tanzania and across other African countries. He was Chairman of the African mobile communications company Celtel International (which became Zain Africa BV). He is currently a board member of the Mo Ibrahim Foundation.

    Philippa Foster Back, OBE
    Philippa has 30 years of business experience, having begun her career at Citibank. Following nine years at Bowater, leaving as group treasurer, she became group finance director at DG Gardner Group, a training organisation. She joined Thorn EMI in 1993 as group treasurer until 2000. She was appointed Director of the Institute of Business Ethics (IBE) in 2001.

    In connection with her IBE role she served on the Woolf Committee 2007/8 looking at ethical business practice in BAE Systems plc; and has been appointed to the Advisory Board of the Centre for Corporate Reputation at the Said Business School at Oxford University and consequently as a Visiting Fellow of the University.

    She sits on the Boards of the Institute of Directors and of the Norfolk and Norwich University Foundation Trust Hospital, where she chairs the Audit Committee. She is also Chairman of the UK Antarctic Heritage Trust.

    Philippa was awarded an OBE in the New Year Honours 2006 for services to the Ministry of Defence where she was a NED and chaired the Defence Audit Committee from 2002-2007. In July 2008 she was awarded the Marks & Spencer Sieff Award.

    For more information, please contact:
    Lindsay Walls, BAE Systems
    Tel: +44 (0)1252 383074 Mob: +44 (0)7793427582
    Leonie Foster, BAE Systems
    Tel: +44 (0)1252 383777 Mob: +44 (0)7540 630168
    Issued by: BAE Systems, Farnborough, Hampshire GU14 6YU, UK
    Tel: +44 (0) 1252 384719 Fax: +44 (0) 1252 383947
  2. Lambardi

    Lambardi JF-Expert Member

    Jun 18, 2011
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    Heri watupangie jinsi kutumia hizo pesa waje wazimwage kwenye saccos za vijijini wakulima wakakopeshwe na pembejeo ila wasizirejeshe serikalini maana watachakachua kabisa.....hazina mwenyewe hizoo wazisimamie wao wenyewe!!!!!!
  3. tzjamani

    tzjamani JF-Expert Member

    Jun 18, 2011
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    Duh hivi baba mlevi huwa anapangiwa jinsi ya kutumia mshahara wake eh....
  4. Gama

    Gama JF-Expert Member

    Jun 18, 2011
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    Sawa, wacha hiyo fedha waitafune، mwenye macho anaweza kuona kuwa hiyo tume itatumia fedha ambayo BAE wameagizwa kuirejesha Tz.
  5. Gama

    Gama JF-Expert Member

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    Wizi mtupu
  6. M

    Mutambukamalogo JF-Expert Member

    Jun 18, 2011
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    Changa la macho hilo. Watulipe fedha zetu tuachane nao. Mbona siku zote wanazunguka zunguka tu na hiyo pesa yetu hawatulipi?. Je watatulipa na interest yake baada ya kukaa nayo muda wote huu?.
  7. Kajuni

    Kajuni JF-Expert Member

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    Tunashukuru kwa taharifa ingawa wengine tumeshindwa kuelewa......Helloo mimi ni Maimuna!!!!!!