Mr. Mohamud Ahmed Mohamud is the substantive Chief Executive Officer of the Kenya Deposit Insurance Corporation (KDIC). He is an astute, forthright and accomplished financial professional with keen insights and experience in deposit insurance.
Having risen through the ranks at Central Bank of Kenya, Mr. Mohamud is credited with a number of achievements since his appointment at the helm of the nascent Corporation in 2017. As such, he has proactively been involved in deposit insurance activities, that have put his name on the world map, as one of the international assessors on compliance with the best practices in deposit insurance.
Mr. Mohamud has assessed many jurisdictions including Nigeria, Tanzania, India, Trinidad and Tobago, Poland, Switzerland and Sweden. Further, as an expert in resolution of failed banks, Mr. Mohamud has extensively facilitated international conferences on deposit insurance.
It is perhaps due to this rich grounding, legacy, contribution and recognition that Mr. Mohamud added yet another feather to his cap, when he was unanimously endorsed as the new Chairman and President of the African Regional Committee (ARC) of the International Association of Deposit Insurers (IADI).
The election saw Mr. Mohamud, who also chairs IADI Member Relations Committee, becoming the first Kenyan in history to chair the regional body, ARC-IADI.
Mr. Mohamud holds a Bachelor’s degree in Economics from the University of Nairobi and an MBA in Strategic Management from Moi University, a tremendous achievement for the man with a humble beginning in the County of Samburu.
Eunice Kitche-Oduor (Mrs) is a legal practitioner with 19 years hands on experience and exposure in legal practice, leadership and management. She has worked for 4 years in active litigation and conveyancing and 12 years as a Company Secretary and Head of Legal department in various state corporations. She has served under different sectors within the government, boards and CEO’s and in the process accumulated a unique appreciation of government thinking and direction in the Boards of State Corporations.
Eunice holds a Bachelor of Laws degree (LLB), from the University of Nairobi, a diploma in Law from the Kenya School of Law and a Masters of Business Administration in Strategic Management from Maseno University. She is also an Advocate of the High Court of Kenya and a Certified Public Secretary CPS (K).
Mr. Mbarani has vast experience in Finance, Accounting, HR and project management skills which he draws from over 20 years of work experience with various public sector organizations. He holds an MBA in Finance from Moi University and a BA (Mathematics and Economics) from the University of Nairobi. Mr. Mbarani also holds a higher Diploma in Human resource Management and is a member of the Institute of Human resource management (IHRM) and Institute of Certified Accountants of Kenya (ICPAK). He has attended various management courses on Corporate Governance, Risk management and Strategic management. As Head of the corporate services function at KDIC, Mr. Mbarani offers strategic leadership to the Finance, Human resource, Communications and Information technology teams.
Mr. Paul Manga is a Finance and Risk professional with 15 years experience in the banking industry having worked with both local and international banks. He has worked with Standard Chartered bank in Finance & Accounts, Treasury Operations and Market Risk functions for 7 years. In KCB he worked as a Senior Market Risk Analyst and Regional Business Manager (EA) – Group Treasury for a period of 8 years.
Paul holds a first degree of BSc in Agric Engineering; MBA (Finance Option); Post Graduate Diploma in Business Management; Certified Investment and Finance Analyst- CIFA (K); ACI Dealing and ACI Operation for Treasury. He is a Professional Member of the Institute of Certified Investment and Finance Analyst (ICIFA).
David is an accomplished executive and initiative-driven thought leader with a proven acumen and track record in both public and private sectors.
David’s illustrious career spanning over 15 years, has seen him leave an imprint in the Banking Sector. As a practitioner and regulator, David excelled ineffective human capital management, driving organizational performance while implementing best practices for the benefit of stakeholders. In addition, David is an experienced professional in strategy development and implementation, people management, relationship management, and business growth and development.
Before joining the Kenya Deposit Insurance Corporation as the General Manager in charge of the Directorate of Resolution, David, held various management positions in several commercial banks in Kenya. These include Co-operative Bank, Housing Finance, Consolidated Bank of Kenya, Equity Bank (K) Ltd, and Key Micro Finance Bank Ltd where he was the Chief Executive Officer.
At KDIC, David oversees the Liquidation of the 18 financial institutions/ banks as well as operations of subsidiaries of failed banks aimed at generating optimal returns for depositors and creditors. He holds a Bachelor of Commerce Degree in Finance, Masters of Science Degree in Finance & Investments, CPA (K), and is a certified PRINCE 11 Practitioner. He is also an associate at Toronto Training Centre (Canada) on Banks Resolution and Financial sector crisis management. Further, David has attended several local and international courses on leadership and Bank resolution including; Financial Sector Crisis management and risk simulation management (Toronto Training Centre – Canada); Banks resolution and risk management (Korea Deposit Insurance Corporation), and Senior Leadership Development Programme (Kenya School of Government).
He is a member of the Technical Committee of the East African Community, Financial Sector Crisis Management committee on Convergence Criteria, and Financial Integration of the East African community. Other members include the Country’s Steering Committee on Development of a Macro-Prudential policy and Crisis Management Framework for the Financial Sector under the National Treasury and Economic Planning as well as the
Governing Council of Credit Information Sharing Association of Kenya