One Industry. Transforming Kenya

Dr. Habil Olaka / Chief Executive Officer

Dr. Olaka was appointed as Chief Executive Officer of the Kenya Bankers Association (KBA) in October 2010. He is responsible for the strategic direction of the Association, covering industry advocacy, development and sustainability. Previously he was the Director of Operations of the East African Development Bank (EADB) based in Kampala after serving as the Resident Manager in Kenya. He earlier served the bank as the Head of Risk Management and as the Chief Internal Auditor.

Before joining the Bank, he had been with Banque Indosuez (now Bank of Africa) as the Internal Auditor. He started his career at the PricewaterhouseCoopers, Nairobi in the Audit and Business Advisory Services Division. He sits on a number of boards representing the KBA. These are Kenya Deposit Insurance Corporation (KDIC), Higher Education Loans Board (HELB), National Research Fund (NRF), Federation of Kenya Employers (FKE), and the Anti-Money Laundering Advisory Board (AMLAB) as alternate to KBA Chairman. He chairs the Public Finance Sector Board of the Kenya Private Sector Alliance (KEPSA). He is the National President of the Federation of Kenya Employers and the Chairman of the board of the Centre for Corporate Governance (CCG). He also sits on the board of the National Housing Corporation (NHC).

He holds a Doctor of Business Administration from USIU-Africa, a First Class Honours BSc degree in Electrical Engineering from the University of Nairobi, and an MBA in Finance from the Manchester Business School in the UK His DBA dissertation was on the influence of strategic leadership on the implementation of strategy in the commercial banks in Kenya.

He is a member of the Institute of the Certified Public Accountants of Kenya (ICPAK) and the CFA Institute. He is an alumnus of the Strathmore School of Accountancy and has a good command of the French language.

Fidelis Muia / Director of Technical Services

Mr. Muia is the Director of Technical Services. He is responsible for the co-ordination of industry initiatives geared towards enhancing technology and operations for the banking industry. He has been instrumental in implementing projects that resulted in the modernization of the Automated Clearing House (Cheque Truncation) and the National Payments System. Mr. Muia has a wide range of knowledge in systems development and implementation, having worked in both the insurance and banking industries for more than 20 years.

Nuru Mugambi / Director of Communications and Public Affairs

Ms. Mugambi has been the Director of Public Affairs and lead on the Sustainable Finance Initiative since 2012. She has wide experience in the banking, having served as spokesperson and head of corporate and investor relations at Barclays. Previously, she has held management roles supporting Fortune 100 companies in the U.S., including fast moving consumer goods, telecommunications, forest products and healthcare companies. She has spearheaded several strategic KBA initiatives, including designing the Kenya Green Bond Program which saw Kenya become the first country in East and Central Africa to raise a corporate green bond.

Her contributions towards policy formulation have led the banking industry towards adopting numerous progressive practices, particularly in the areas of Sustainable Finance. For her contributions, she was awarded the Fellow of the Kenya Institute of Bankers (FKIB) designation in 2015, becoming one of the youngest women bankers to earn the prestigious designation. She was recognized in 2016 by the Eisenhower Fellowships program and U.S. President Barack Obama as an emerging African leader.

Winner of the Africa Sustainability Leadership Award (2013); and CEO Magazine's Most Influential Woman in Africa - Finalist (2013), Nuru has served on the statutory Judiciary Mediation Accreditation Committee and is currently a member of the National Treasury Taskforce on the SME Credit Guarantee Scheme. She is a founding member of the Kenya Chapter of Graca Machel's New Faces/New Voices Pan African network that promotes womens' economic empowerment. She graduated with honors in Business Administration from Kennesaw State University (Ga.); and has an Executive MBA degree in Strategy from Georgia State University, Atlanta.

Kennedy Mutisya / Chief Finance Officer

Mr. Mutisya was appointed to the position of Chief Finance Officer in December 2012. He is a seasoned professional with 20 years of experience rotating through multiple roles within the finance function in East Africa company controlling, project finance, treasury, financial planning and analysis. In his career he has worked in various industries, including banking, telecommunication, fast-moving consumer goods (FMCG) and insurance. He has held various positions, most recently Finance Manager at the Monarch Group of companies. He earned a Bachelor of Arts degree in Economics and Business Studies from Kenyatta University, and is a member of the Institute of Certified Public Accountants of Kenya (ICPAK).

Dr. Samuel Tiriongo / Director of Research and Policy

Dr. Samuel Tiriongo (PhD) joined Kenya Bankers Association (KBA) in December 2020. He previously served as an economist with the Central Bank of Kenya for 13 years, of which he was attached to the Secretariat of the Monetary Policy Committee (MPC) for 11 years, providing research and analysis targeted at informing monetary policy decisions of the Committee. Additionally, he has been involved in various research assignments that have shaped industry discourse and policymaking, having published widely in peer reviewed research outlets on market microstructure, economic responses to crises, monetary policy communication, and credit market analyses, among other areas.

Dr. Tiriongo holds a PhD in Economics of the University of Dar es Salaam-Tanzania, conferred under the Collaborative PhD Programme in Economics for Sub-Saharan Africa of the African Economic Research Consortium (AERC). He has been a research fellow of the AERC since 2016 and was awarded in 2017 to participate in the AERC/IMF Visiting Scholars Programme. He has also received professional training from several leading organizations, key among them are International Monetary Fund (IMF), The World Bank, and Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI).

Raimond Molenje / Director Legal, Human Resource and Policy Advocacy

Mr. Raimond Molenje joined Kenya Bankers Association in August 2018 and has over 16 years' experience in legal practice, human capital, and stakeholder engagement. He has been in private legal practice and held diverse management roles as a corporate in-house legal counsel, human resource and industrial relations with leading organizations and corporations including: HR Advisor at De La Rue Currency and Security Print, Legal Manager at Federation of Kenya Employers (FKE) and HR Manager-Employee Relations at Equity Bank Group.

Molenje spearheads the effective and efficient management of legislative, regulatory and policy matters impacting the industry, coordinates the collective bargaining agreement negotiations with the Banking Insurance and Finance Union (BIFU) Kenya; involved in the Association's lobbying and policy initiatives and provides Company Secretarial support to the KBA Secretariat.

He is passionate about training and capacity building and serves as a Lecturer at the College of Human Resources Management. He is also a Board Member with: Auctioneers and Licensing Board under the Attorney General's Office and Mediation Accreditation Committee of the Judiciary representing the industry.

Molenje is an Advocate of the High Court of Kenya, Commissioner for Oaths and Notary Public. He is a practicing member with both the Law Society of Kenya (LSK) and the Institute of Human Resource Management (IHRM) and holds a Bachelor of Laws (LL.B) degree from the University of Nairobi, and Postgraduate Diplomas in Law from the Kenya School of Law; and International Human Resource Management from Cambridge International College, UK.

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