Board Of Directors

Mr. Ngene B. Gituku, EBS, HSC - Chairman

Mr. Ngene Gituku is an accomplished business man with wide business interests in real estate and transport sectors. He brings on board various skills and competencies gained over the years from the various capacities that he has served in the Private and Public sector.

Prior to venturing into business, Mr. Gituku served as a marketing executive for the Nation Newspaper Ltd. and later as the circulation manager at the Standard Group.

He holds a Diploma in Computer Science and Marketing from Cairo, Egypt and a Bachelor of Science Degree in Mathematics from the University of Nairobi.

Ngene has previously served as Chairman of the Communications Authority of Kenya (CA), Chairman and Director of the defunct Communications Commission of Kenya (CCK), Board Member at the Kenya Broadcasting Corporation (KBC) and at Kenya Pipeline Company (KPC).

His Excellency the President honored him with the Elder of the Burning Spear (EBS) and Head of State Commendation (HSC) awards for his immense contribution to the country.

Prof. Njuguna Ndung’u, CBS – Cabinet Secretary The National Treasury

Prof. Njuguna Ndung’u is the Cabinet Secretary, National Treasury & Economic Planning. Prior to the current appointment, Prof. Ndung’u was serving as the Executive Director of the African Economic Research Consortium (AERC), a Pan African premier capacity building network of researchers, trainers, students, universities, policy makers and international resource persons. He is an associate professor of economics at the University of Nairobi, Kenya and the immediate former Governor, Central Bank of Kenya.

Prof. Ndung’u has been a member of the Global Advisory Council of the World Economic Forum, Visiting Fellow of Practice at Blavatnik School of Government, Oxford University, Director of Training at AERC, Program specialist at IDRC and Team Leader in Macro-modelling at the Kenya Institute for Public Policy Research and Analysis. He holds a PhD in economics from University of Gothenburg, Sweden.

He is a Member of Brookings Africa Growth Initiative, Member of the Advisory Committee of the Alliance for Financial Inclusion that coordinates financial inclusion policies in Africa, Asia and Latin America, and Senior Advisor for the UNCDF-based Better Than Cash Alliance.

Mr. Charles Hinga Mwaura, CBS, CA (SA) - Principal Secretary, State Dept for Housing and Urban Development.

Mr. Charles Hinga Mwaura, CBS is a Chartered Accountant (CA) and holds a Bachelor of Commerce (Accounting) degree from Kenyatta University and a Bachelor of Accounting Science (Honors) from University of South Africa.

His core competencies include project and structured finance, dealing in structuring and business development. He has successfully led a number of landmark advisory mandates including the R1.5 billion City Of Johannesburg Broadband Network Project, PRASA restructuring and recapitalization plan, Phase 1B of Rea Vaya Rapid Bus Transportation System and Integrated Rapid Transport Network Project , just to mention a few.

Until the time of his appointment as the Principal Secretary State Department for Housing and Urban Development, he was the Group Chairman of an advisory boutique with presence in South Africa and Kenya. .

Mr. Silvester Njuguna Migwi – Director.

Silvester Njuguna Migwi is a senior government executive having served as the Government printer, serving as the chief advisor to the Government of Kenya on matters pertaining to printing. He brings on board various skills and competencies gained over the years from the various capacities that he has served in the Public sector.

He holds a Bachelor of Arts Degree in Business Management from the University of Sunderland, United Kingdom.

Silvester has previously served as a member of the Kenya Law Reporting, Ministerial Tender Committee and Ministerial Human Resource Advisory Committee for the Ministry of Interior and Co-ordination of National Government, Chairman Ministerial Audit Committee Ministry of Interior and Co-ordination of National Government, Chairman Committee on Procurement of Passport Issuing System, Department of Immigration among others.

Mr. Jackson Kimuri - Director

Mr. Jackson Kimuri is a senior management executive with over thirty-five (35) years’ experience in Strategic management, Leadership and Finance. Mr. Kimuri has previously worked for Barclays Bank of Kenya Ltd as Deputy Director, Business Banking.

Prior to being elevated to Deputy Director position, Mr. Kimuri held Senior Management positions in Barclays Bank of Kenya Ltd ranging from Head of Regional Corporate, Area Manager, Senior Risk Manager and Senior Corporate Manager. In the aforesaid positions, he led and managed large teams in audit engagements, corporate lending, project finance and branch network operations. He also has proven record in risk management, syndication implementation and in providing strategic leadership.

Mr. Kimuri has had the opportunity to train in Corporate and Business Banking, Finance restructuring including syndication at Barclays Bank, Thames Valley regional office, Reading, UK as part of Senior Management extensive training. Mr. Kimuri has also served as a Director of the Coffee Board of Kenya and is currently the Chairman of Sawela Lodges Naivasha, Country Director of Sentry Security of East Africa and Chairman and Financial Consultant of Ace Security Options.

Ms. Patricia Nyambura Gathuri - Director

Patricia Nyambura Gathuri is an experienced professional Banker, with a successful career of thirty one (31) years in various management positions within the Banking Industry. She brings on board various skills and competencies gained over the years, including banking operations, business strategy, business development, customer relationship management, asset and liability management, credit skills and risk management.

She holds a Bachelor of Arts Degree in Economics and Sociology (Upper Second Class Honours) from the University of Nairobi.

Patricia is a certified professional coach from the Coach Development Institute of Africa (CDI-A), a consultant trainer and a member of the Chartered Institute of Securities and Investments (CISI) London. She also serves on the Board of Geminia Insurance Company Ltd. as an Independent Non-Executive Director and on the Board of Trustees for the Trust for Indigenous Culture and Health (TICAH).

Ms. Caroline Armstrong - Director

Ms. Caroline Armstrong has served in senior management positions in the banking and property industry in a career that spans 23 years.

In her previous role, she was responsible for the implementation of high impact strategic projects that were designed to enable the achievement of Housing Finance (HF) Group’s business strategy.

She serves as an Independent Non-Executive Director of the Kenya Airways (KQ) Board where she was part of the recently concluded balance sheet restructuring as well as sitting as KQ’s chosen representative on the Board of JamboJet, KQ’s low cost carrier.

Previously Ms. Armstrong served as Vice-Chairperson on Kenya’s Mining Task Force responsible for reviewing all licences issued within the industry and determining their validity as well as providing recommendations for the country’s national mining policy.

Dr. Habil Olaka - Director

Dr. Habil Olaka is an experienced chief executive officer with a demonstrated history of working in the banking industry. He is skilled in negotiation, Enterprise Risk Management, Business Planning, Internal Audit, and Analytical Skills. He is a strong business development professional with a Doctor of Business Administration focused in Leadership and Strategic Management from United States International University – Africa.

Dr. Olaka is currently the Chief Executive Officer of the Kenya Bankers Association and is responsible for the strategic direction of the Association under guidance from the KBA Governing Council. He was previously the Director of Operations of the East African Development Bank (EADB) based in Kampala after serving as the Resident Manager in Kenya.

He also served the bank as the Head of Risk Management and as the Chief Internal Auditor prior to his appointment. Dr. Olaka sits on a number of Boards representing the KBA such as the Kenya School of Monetary Studies, the Higher Education Loans Board, the Auctioneers Licensing Board, the Federation of Kenya Employers (FKE), to name a few. He is a member of the Institute of the Certified Public Accountants of Kenya (ICPAK) and the CFA Institute

Ms. Violet Mwikali Mbindyo - Director

Ms. Violet Mwikali Mbindyo is an accomplished entrepreneur with a track record of establishing enterprises that serve the needs in the market while driving shareholder value.

Originally from a banking background, Ms. Mbindyo brings with her expertise in banking and foreign exchange management, real estate valuation, development and management as well as consultancy services.

Ms. Mbindyo is the founder and chief executive officer of the Nairobi Bureau De Exchange- Kenya. She is also a Principal Partner and founder of the Black Teak Holdings- Kenya as well as a founding member of the Kenya Forex and Remittance Association.

She has previously held the Company Director and Venture Capitalist position at Cash Swift Limited and has served as a Management Officer at the National Bank of Kenya.

Ms. Mbindyo is passionate about social impact and is a significant contributor and leader, having supported and continuing to support several social causes and organizations that positively impact the community.

She is currently serving on the Boards of the Kenya Forex and Remittances Association as the National Treasurer, Rotary Club Nairobi- Muthaiga North, Black Teak Holdings Ltd and Nairobi Bureau de Change Ltd.

QS. David Mathu Njuguna - Managing Director

QS. David Mathu Njuguna is an accomplished construction and management professional in both public and private sectors. He has over 15 years experience of local and global knowledge in public policy, strategy, innovation, business development, fundraising & partnerships, research & capacity building and environmental sustainability.

QS. Mathu holds a BA in Building Economics (Quantity Surveying) from the University of Nairobi, Master of Science in Procurement and Logistics from the Jomo Kenyatta University of Agriculture & Technology and is currently a doctoral researcher in Management Science and Engineering at the Harbin Institute of Technology, China. In 2010, he was ranked the overall best quantity surveying candidate nationally in the Board of Registration of Architects and Quantity Surveyors of Kenya’s professional examinations and was ranked among the Top 40 under 40 men 2022.

He is a registered Quantity Surveyor with the Board of Registration of Architects & Quantity Surveyors of Kenya (BORAQS), corporate member of the Institute of the Quantity Surveyors of Kenya (IQSK), full member of the Kenya Institute of Supplies Management and a professional diploma member of the Chartered Institute of Purchasing and Supply (CIPS-UK).

QS. Mathu has previously held Senior Management positions, the immediate last one being at the National Construction Authority (NCA) where he was the General Manager Construction Research, Business Development, Training and Capacity Building. He is a past council member of the Institute of Quantity Surveyors of Kenya (IQSK).

Mr. William Keitany - Corporation Secretary

Mr. William Keitany is the Corporation Secretary. He holds a Bachelor of Laws degree from the University of Nairobi and a Postgraduate Diploma in law from the Kenya School of Law.

He is an advocate of the High Court, a Certified Public Secretary, a member of the Law Society of Kenya and a member of the Institute of Certified Public Secretaries of Kenya. He has a wide experience spanning over 20 years in matters of Administration and Law.

Alternate Directors

Mrs. Jane Mwangi - Alternate Director

Mrs. Jane Mwangi is an alternate Director representing the Principal Secretary, State Department for Housing and Urban Development. She holds a Masters Degree in Housing Administration and a Bachelor’s Degree in Land Economics from the University of Nairobi.

She has a wealth of experience in the housing sector including development of housing policies and related legislations.

She has also undertaken professional training on Housing Policy Development in South Korea, various leadership courses at the Kenya School of Government among others.

She has worked in the Department of Housing in the National Government since 1987 and has risen through the ranks to the current position of the Director of Housing.

She is also a Member of the Institution of Surveyors of Kenya (Building Surveyors Chapter).

Mrs. Jacqueline Mbithe Muindi - Alternate Director

Mrs. Jacqueline Mbithe Muindi is an alternate Director representing the Cabinet Secretary, The National Treasury and Planning. She holds a Global Executive Masters Degree in Business Administration from the United States International University-Africa, an LL.M in International Trade and Investment Law from the University of Nairobi. She also holds a Postgraduate Diploma from the Kenya School of Law and a Bachelor of Laws (Hons) LL.B Degree from the University of Nairobi.

She has over 18 years experience in International Trade, Investment, Public Procurement and Commercial Law. She has previously worked with the Privatization Commission and is currently deployed by the Office of the Attorney General and Department of Justice to head the Legal Unit, The National Treasury and Planning.

Mrs. Muindi is a member of the Law Society of Kenya and the Institute of Certified Public Secretaries of Kenya.