IDB CAPITAL LIMITED - Key Persons


Mr Erastus K Njoroge

Job Titles:
  • Chief of Credit
  • Chief of Credit at IDB Capital Ltd
Erastus is the Chief of Credit at IDB Capital Ltd. He is responsible for the strategic direction to the institution on all matters relating to Credit Management and Administration. He is an experienced finance expert with a demonstrated history in the financial services sector. He has hands on experience on Credit Risk Management, Portfolio Management, Relationship Management, Business Development, Credit Analysis and Banking in general. Prior to joining IDB Capital Ltd, Erastus was a Credit Manager at Equity Bank in Rwanda. Previously, he held the roles of Senior Credit Analyst at Housing Finance, Credit Analyst at Fina Bank (Currently GT Bank Ltd), Customer relations officer at Afrika Investment bank (AIB) as well as a part time lecturer at various institutions within Nairobi. He holds a Master's degree in Financial Economics as well as a Bachelor's Degree with specialization in Mathematics and Economics. He also holds professional trainings on advanced Financial Analysis and Relationship Management, Advanced Data Analysis and Financial Modeling, Trade Finance and Risk Management. He is currently pursuing a Ph.D in Development Studies at the Jomo Kenyatta University of Agriculture and Technology.

Mr Morris M Kathata

Job Titles:
  • Assistant Manager
  • Strategy and Business Development Assistant Manager

Mr. Andrew B. Were

Job Titles:
  • HR & Administration Officer
  • the Human Resource & Administration Officer
Mr. Andrew B. Were is the Human Resource & Administration Officer. He is responsible for the overall management of Human Resources & Administration functions. He has a wide range of experience in Administration gained at various levels at IDB Capital.

Mr. Edward J. G. Gitau

Job Titles:
  • Credit Manager With ICDC
Mr. Edward Gitau is currently a Credit Manager with ICDC where he has worked since 1989. He has over 20 years' experience in project investment analysis, project implementation and investment monitoring. He holds a Bachelor of Arts (Economics & Statistics) and is a Certified Securities & Investment Analyst. He was born on in 1963.

Mr. Edward Kingi

Job Titles:
  • Independent Director
Born in 1966, in Ganze Location, Kilifi County, he attended Mangu High School, Moi high school Kabarak and University of Nairobi where he graduated with Bsc Agric economics (Hons) in 1990. He did Msc Environmental Science (Pwani) and CPA part II. He worked as a Chief Accountant for over twenty years in the defunct Local Authorities in Kilifi, Kwale and Makueni County Councils before joining the County Government of Kilifi as the director of environment. He worked with Barclays Bank, Credit Finance coorporation and YMCA before joining a local authorities. He is married with 5 children.

Mr. Henry Maosa

Mr. Maosa joined National Bank of Kenya in April 2014 as the Head of Reporting. He rose to the position of Head of Strategy and Projects in March 2015. He was appointed to the position of acting Chief Finance Officer in April 2016, a position he held till October 2016. He was confirmed to the current position of Head of Business Finance in November 2016. Prior to joining the Bank, Henry worked for Standard Chartered Bank where he served in various management capacities. He also worked for the KCB Group. He has over 18 years' experience in the finance sector. He holds a Bachelors of Arts degree in Economics and an MBA in Strategic Management, both from the University of Nairobi. He is a Certified Public Accountant of Kenya, CPA (K) and a member of the Institute of Certified Public Accountants of Kenya (ICPAK). He is also a holder of a higher diploma in computer science from IMIS-UK. He has attended various professional management courses. He was born in 1976.

Mr. Jadiah Mwarania

Job Titles:
  • Director on the Board of Directors of Zep Re
  • Managing Director of the Kenya Reinsurance Corporation
Mr. Jadiah Mwarania is the Managing Director of the Kenya Reinsurance Corporation. He holds a Bachelor of Commerce (B.com.) (Hons.), and Master of Business Administration (MBA) degree from the University of Nairobi and currently is undertaking a PHD in strategic management. He is a Fellow of the Chartered Insurance Institute of London (FCII) and Insurance Institute of Kenya (FIIK) and is a Chartered Insurer (CI) of the Insurance Institute of London. He is a Fellow of the Kenya Institute of Management (FMKIM). Mr Mwarania is a Director on the Board of Directors of Zep Re (PTA Reinsurance Company) and the Chairman of the Association of Kenya Reinsurers (AKR), a Board Member of the Insurance Training and Education Trust (ITET) and member of the Finance and Development Committee of the Board of the College of Insurance of Kenya. He was born in 1964.

Mr. Mark Gakuru

Mr. Mark Gakuru an Advocate of the High Court of Kenya with over 15 years of legal and administrative experience obtained in both the Private and Public Sectors. He is the Ag. Official Receiver and as such is regulator Insolvency practice in Kenya. He holds Master's Degree in Laws (LL.M) from the University of Nairobi. He was born in 1975.

Mr. Mark Lugwisa Ngecho

Mr. Ngecho has over 10 years' experience in the Public Sector Finance, having previously worked in the Directorate of Government Accounting and Quality Assurance, the National Treasury & Planning, Departments of National Sub County Treasuries where he served as accountant for 8 years, 4 of which he served as the National Sub County Accountant, Loiyangalani National Sub County Treasury - Marsabit County. These opportunities equipped him with key relevant skills in public resources management. Currently, he Serve as Chief Investment Officer, in the Department of Government Investment & Public Enterprises under the Directorate of Public Investment and Portfolio Management, the National Treasury and Planning Prior to joining Public service, Mr. Ngecho worked in private sector as an Office Manager, Tax Credit Consulting Ltd (Management Consulting Firm with Bias in Tax Planning and Management) and more recently as customer advisor/Lead Generator in Barclays Bank of Kenya/ABSA Bank. His academic and professional qualifications include Bachelors in Business Administration (Accounting Option) from Bugema University, Uganda, and he is currently undertaking his professional training in CPA programmes. He has also attended short-term courses in Senior Management Course, Corporate Governance and five days training in Accounting Skills Management Course.

Mr. Richard Limo

Job Titles:
  • ICT MANAGER
Mr. Richard Limo is the ICT Manager at IDB Capital. He is responsible for the overall ICT Department functions. He has over 10 years' work experience in the ICT field. He holds an M.Sc. Degree in Information Technology (Business Intelligence) from Strathmore University and a B.Sc. Degree in Information Technology from Jomo Kenyatta University of Agriculture and Technology

Mrs. Anne N. Gitau

Job Titles:
  • Manager
  • Manager - Finance & Accounts
Mrs. Anne Gitau has been the Manager Finance and Accounts since January 2011 and is responsible for overall financial management and accounting functions. She has a wide experience in finance and accounting gained at various levels having joined IDB Capital Limited in May 1991. She is a holder of a Bachelor of Commerce Degree (Accounting Option) from the University of Nairobi and is a Certified Public Accountant and Secretary, (CPA-K, CPS- K) and is a member of ICPAK.

Mrs. Emily Njuki

Job Titles:
  • Independent Director
  • Founder of Pentrain Capital Limited
  • Lead Property Consultant of Habitat Property Group
Emily Njuki is the Lead Property Consultant of Habitat Property Group. Previously she worked as County Executive Committee Member for Education, Youth, Gender and Social Services in the County Government of Embu. She worked as a Commercial Director at Smart Solutions Africa (SSA) and a Brand Manager for Loreal East Africa. She holds a Masters of Business Administration from Strathmore Business School, Kenya, and a Diploma in Pan-African Module from IESE Business School, Spain. She is a holder of a Bachelor of Science Degree in Food Science and Technology from University of Nairobi, Kenya. Emily is also a founder of Pentrain Capital Limited.

Mrs. Judith A. Omachar

Job Titles:
  • Manager - Credit
Mrs. Judith Omachar is the Manager Credit. She is responsible for overall credit management functions. She has over 20 years' experience in credit management gained at IDB Capital. She holds a Bachelor of Commerce degree (Accounting Option) from the University of Nairobi and is a Certified Public Accountant (CPA-K).

Mrs. Karen Kandie - Managing Director

Job Titles:
  • Managing Director
Mrs. Karen Kandie is the Managing Director of IDB Capital Limited from May 2017. She serves as a member of the Capital Markets Tribunal and is a past Advisor to The Board of Trustees, Micro-Enterprises Support Programme Trust (MESPT). Previously, she served as the Director of Finance at Shelter Afrique; Head of Finance & Administration at Nairobi Securities Exchange; Manager, Risk Management and Internal Audit at Faulu Kenya Limited; Financial Controller at Co-operative Bank of Kenya; Management Accountant at ABN AMRO Bank and a Senior Auditor at PriceWaterhouseCoopers. She holds a Master of Business Administration from Murdoch University, Western Australia. She is a B. Com holder from the University of Nairobi and is a Certified Public Accountant (CPA-K) and Certified Financial & Investment Analyst (CIFA).

Prof. Michael Kipyego Bowen - Chairman

Job Titles:
  • Chairman
  • Associate Professor of Environment and Economics at Daystar University
Prof. Michael Kipyego Bowen is an Associate Professor of Environment and Economics at Daystar University and currently the chairman of IDB Capital Ltd. He is also the Director for Research, Publications and Consultancy at Daystar University. He was a council member of Daystar University between 2012 and 2014. Between 2013 and 2015, he was the deputy director (Quality Assurance) at Daystar University. Previously, he was the head of Department of Business Administration at Kenya Methodist University and has been a member of several school boards in Keiyo South Constituency. He has taught at University level for the last 15 years and supervised several masters and PhD students. He has published several articles and book chapters and has attended several international conferences spanning the globe. He was born in July 1969.