Carol Musyoka has several years of financial leadership experience. She has extensive deal origination, negotiation, structuring and execution experience, having been involved in several landmark corporate finance transactions in Kenya. Her executive management and board experience includes her role as the Corporate Director, Barclays Bank of Kenya as well as the Executive Director and Chief Operating Officer of K-Rep Bank, Kenya's first micro finance institution.

 

Carol has had considerable credit risk and corporate banking experience and training over her banking career, at both Barclays and Citibank. She currently sits as a non-executive director on the boards of East Africa Breweries Ltd where she chairs the Board Numeration and Remuneration Committee as well as the Board Investment Committee and British American Tobacco Ltd all of which are Nairobi Stock Exchange listed companies. She also chairs the Board of Kenya Deposit Insurance Corporation and is a non-executive director in the government investment company ICDC.

 

She has previously served on, and retired from the Boards of at least 15 Private, public and Not for Profit organizations including BOC Gases, Business Registration Services where she chaired the Board, Competition Authority of Kenya where she chaired the Board Human Resources Committee, Institute of Economic Affairs, the national carrier, Kenya Airways, Opportunity Kenya and the African Legal Support Facility of the African Development Bank.

 

Carol currently provides bespoke training solutions to a number of multinational and locally owned companies in the region on Leadership and Corporate Governance. She has also been a co-facilitator on Fast Forward, a local leadership development program that provides “Leadership Unusual” insights to Chief Executive Officers and C-Suite Management of leading Kenyan companies (www.sunwords.com). For the last nine years, Carol has also been the Academic Director for the corporate governance programs at Strathmore University Business School.

 

On an international level, Carol is part of the Durham, North Carolina based Duke Corporate Education (www.dukece.com) faculty and is involved in providing leadership deliveries for some of their global clients. Carol has also provided strategic leadership training to clients of CapitalPlus Exchange, a Chicago based organization that provides peer-learning events to small business banking financial institutions in Africa and Asia (www.capplusexchange.org).

 

Her skills in breaking down complex financial events and contextualizing the same to local situations have been well received and are a constant feature of her weekly Monday articles in Kenya’s leading business newspaper, the Business Daily.

 

Carol is a holder of a Bachelor of Law degree from the University of Nairobi and a Master of Law degree from Cornell University, USA. Carol, a recipient of the 2010 Eisenhower Fellowship for International Leadership, lives in Nairobi, Kenya.

Dr. Patrick Njoroge is the Central Bank Governor following his appointment in June 2015. Dr. Njoroge holds a PhD in Economics from Yale University, USA, as well as masters and bachelor’s degrees in Economics, both from the University of Nairobi.

Prior to joining the Central Bank, Dr. Njoroge worked for 20 years with the International Monetary Fund (IMF), in Washington, D.C., USA. He served in various capacities among them; the advisor to the IMF Deputy Managing Director, Deputy Division Chief in the IMF’s Finance Department and IMF Mission Chief for the Commonwealth of Dominica. 

In addition, Dr. Njoroge worked   as an economist at the Ministry of Finance and as a planning officer at the Ministry of Planning here in Kenya. Professionally, Dr. Njoroge has a keen interest in Macroeconomics, Economic Policy, International Finance, Development Economics, Econometrics and Monetary Policy.

Anne Agimba is the Senior Partner at Agimba & Associates, Advocates. Heads the Corporate, Commercial and Conveyancing Law Department.

 

She routinely advises Local and International Banks, Financial Institutions, Pension Funds, Insurance Companies, Non-Governmental Organizations, Charitable Foundations, Trust Companies, both on formations of appropriate structures (trusts, foundations, companies, partnerships, LLPs), policy and regulatory support, contracts, taxation, Debt recovery, legal research, Intellectually Property Rights, Employment Rights and lease/property issues.

 

Areas of Specialization

 

• Commercial and Conveyancing Law

• Intellectual Property Law

• Banking

• Insurance & Financial Services Law

• Securities Documentation

• Insolvency Law

• Labour Law

• Landlord & Tenant Law

• Company & Co-operative Societies Law

• Trust Law and Succession Law

• Policy Formulation, Legislative drafting and Education

 

Anne holds a degree in Law (LL.B), is an Advocate of the High Court of Kenya and holds a Post Graduate Diploma in Law.

Mr. Maina holds a BA(Econ.) Hons. and MA (Econ.) degrees from the University of Nairobi. He began his career as an Economist at then, Ministry of Finance, currently National Treasury. Subsequently, he joined Central Bank of Kenya, where he worked in Research, Bank Supervision and External Payments and Reserves Management Departments.

Mr. Maina has extensive experience in central banking, particularly, in areas of regulation and restructuring of problem banks. He coordinated the financial sector study, which formed the basis for banking sector reform, including liquidation of insolvent banking institutions during the first major banking crisis in the country, and was involved in strengthening the onsite supervision system and offsite reporting system to improve surveillance over the banking sector. The execution of Central Bank of Kenya foreign exchange reserves, involving investment of surplus foreign exchange reserves off shore was also supervised by him.

The onset of the aforementioned banking crisis prompted the establishment of Deposit Protection Fund (DPF) to revive the waning public confidence in the banking sector. The DPF has since been transformed to Kenya Deposit Insurance Corporation. Mr. Maina was one of the officers involved in setting up the DPF, after being attached to the Federal Deposit Insurance Corporation in USA for training in bank resolution.

Mr. Maina has extensive international training in areas such as bank regulation and restructuring, financial analysis, corporate governance, foreign exchange reserves management and financial programming and policies by IMF Institute. He also benefited from attachment to various Central Banks abroad.

Mr. Olaka is the Chief Executive Officer of the Kenya Bankers Association, an appointment he took up in 2010. Previously he was with the East African Development Bank (EADB), where he held various positions, including; Director of Operations, Resident Manager-Kenya, Manager-Risk and Control, Chief and Internal Auditor. He has also worked at Banque Indosuez (now Bank of Africa) as an Internal Auditor having started his career at Price Waterhouse Coopers, Nairobi.

Mr. Olaka holds a First Class Honours BSc degree in Electrical Engineering from the University of Nairobi, MBA in Finance from Manchester Business School in the UK and a Doctorate degree in Business Administration from USIU-A.

Mr. Olaka sits on a number of boards, among them, the Higher Education Loans Board, the Kenya School of Monetary Studies, Kenya Deposit Insurance Corporation, the Federation of Kenya Employers, the Centre for Corporate Governance,Boards of Trustees of the National Research Fund and the Butere ACK Diocese.

He is a member of the Institute of the Certified Public Accountant (CPA) Kenya and the Chartered Financial Analyst (CFA) Institute. 

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).