DR. EDWARD ODUNDO

Non-Executive Director and Chairman

Boards: Non-Executive Director, Equity Group Insurance Holdings Limited, Non-Executive Chairman, Equity Life Assurance (Kenya) Limited.

Dr. Edward Odundo is a distinguished academic, corporate leader, and expert in pensions, taxation, corporate governance, and financial services. He is the Director of the School of Pension and Retirement Studies (SPRS) and serves as a Director at Equity Group Holdings Plc, Non-Executive Director of Equity Group Insurance Holdings, and Chairman of Equity Life Assurance Kenya (ELAK). In addition, he is a lecturer at the University of Nairobi, School of Business, where he contributes to shaping the next generation of business leaders.

Dr. Odundo plays a key role in the governance of higher education institutions, serving as Chairman of the Board of Trustees at Tangaza University and Trustee at Uzima University. He has been instrumental in securing university charters, achieving a remarkable milestone by obtaining charters for both Tangaza University and the Management University of Africa (MUA) on the same day. His leadership extends to various social and professional organizations, including his role as a Member of the Board of the Association of Persons Living with Disabilities (APDK) and Mentor at the Global Women on Board Network (GWOB).

With an illustrious career spanning both public and private sectors, Dr. Odundo has held prominent positions, including: Chairman, Public Service Superannuation Scheme, Former Chairman, Governing Council, Management University of Africa (MUA),Former CEO Retirement Benefits Authority (Kenya), Former President, International Organization of Pension Supervisors, Former Director, Nairobi Securities Exchange (NSE), Former Director, Insurance Regulatory Authority,(IRA), Former Commissioner of VAT, Kenya Revenue Authority (KRA).

A highly sought-after speaker and consultant, Dr. Odundo has addressed global platforms, including the World Bank, International Organization of Pension Supervisors (IOPS), African Development Bank (AfDB), and the Organisation for Economic Co-operation and Development (OECD), offering insights on management, taxation, pensions, and corporate governance. He is also a World Bank and UNDP individual expert contractor.

Dr. Odundo holds a PhD in Business Administration (Strategic Management) from the University of Nairobi, an MBA in Strategic Management and Marketing, and a BSc in Finance and Accounting. He is an alumnus of Harvard University’s John F. Kennedy School of Government (HSB) and the London School of Economics (LSE). His professional affiliations include FCPA (Certified Public Accountant), FCPS, FKIM, and CIFA.

In recognition of his exceptional service, Dr. Odundo was honored by former President Mwai Kibaki with The Moran of the Order of the Burning Spear (MBS), a prestigious national award in Kenya.

A prolific author, Dr. Odundo, has published two books:

• The Doctrine of Strategic Planning
• The Doctrine of Entrepreneurship, a three-volume series covering:
• Volume 1: New Venture Creation
• Volume 2: Creativity, Innovation, and Technology Driven by Great
• Volume 3: Legacy and Exit Strategy

Dr. Odundo continues to contribute to academia, corporate governance, and public policy, making a lasting impact on financial and strategic management in Kenya and beyond. He resides in Nairobi, Kenya

PROF. AGNES WAUSI

Non–Executive Director

Agnes Wausi is an Associate Professor of Information Systems at the University of Nairobi’s Department of Computing and Informatic since November 2019, following a successful stint as the Director of the School of Computing and Informatics from November 2016 to October 2019. She served in various boards and committees at the University of Nairobi. Prior to joining academia, Agnes served at top management levels in the ICT Directorate within the University of Nairobi for 15 years.

In addition to her research and academic responsibilities, Agnes is a seasoned consultant and has provided ICT related consultancy services to various organisations such, MCS Kenya, FAO-Zambia and FAO-Kenya. She has been involved in the development of national ICT strategy documents. Agnes holds a PhD in Information Systems from the University of Nairobi, a Master’s degree in Computer Science from the Free University of Brussels, Belgium and a B.Sc. (Hons) in Mathematics from Kenyatta University, Kenya. She is a member of the Association for Information Systems (AIS), an international, professional association for scholars of information systems.

JOSHUA NJIRU

Non–Executive Director

Joshua holds a BA Land Economics degree from the University of Nairobi, an MBA Finance from the University of Nairobi and is a Qualified Accountant and awardee of the CFA Charter. He is currently the Founder and CEO of Henzo Limited and previously held senior management positions at Madison Insurance Company (K) Limited, Madison Asset Management Services Limited, Corporate Finance at First Africa EA Limited (Later Standard Chartered Securities), Corporate Finance, Deloitte & Touche - East Africa and College of Insurance, Nairobi.

He has served in various boards including Madison Insurance Company Limited as Managing Director and Association of Kenya Insurers as a member and is currently the Chairman of Center of Creativity Services Limited (CCSL) and a member of the PR & LIASON Committee of the Insurance Training & Education Trust (ITET). Joshua is a member of the CFA Institute, Institute of Certified Public Accountants of Kenya- ICPAK, Institute of Certified Investment and Financial Analysts, Kenya- ICIFA and the Institute of Surveyors of Kenya (ISK) – Valuation and Estate Management Chapter.

Dr. EVA NJENGA

Non–Executive Director

Dr. Eva Njenga, MBS, is a well-respected and world-renowned endocrinologist with vast experience and knowledge in tropical medicine, Social Medicine and Medical Anthropology.

She holds a MMed from the University of Nairobi, has a certificate in Endocrinology from the University of New Castle Upon Tyne-UK and is a Social Medicine and Medical Anthropology Fellow at Harvard University. She is also fellow of the Royal College of Physicians of Edinburgh (UK), fellow East Central Southern Africa College of Physicians. She has been practicing medicine for over 30 years and has worked in several hospitals in the country offering specialized care in diabetes and endocrine conditions management. She has also been a lecturer at the University of Nairobi (School of Medicine) for more than 10 years and continues to share her expertise with postgraduate students in various private university hospitals in the country.

Dr. Njenga is the Founder Director of Diabetes Management and Information Centre; the Chairperson of the Kenya NCD Alliance and she was the first female Chair of the Kenya Medical Practitioners and Dentists Council. She Co-Chairs the NCD Intersectoral Coordinating Committee and sits on the advisory Board of Diabetes Africa. She is an advisor of the African Research Universities Alliance, a member of the Centre of Excellence in Non-Communicable Diseases, the Kenya Diabetes Study Group, the Kenya Medical Association, the Kenya Association of Physicians, among others.

She has been very instrumental in matters healthcare in the country, so much so that her exemplary work and commitment has seen her gain recognition and conferred State Honours by the President for her distinguished and outstanding services to the nation was bestowed upon the title, Moran of the Order of the Burning Spear (MBS). Dr Njenga is currently the Chair at Nanyuki Teaching and Referral Hospital.

MIRIAM MUSAALI

Non–Executive Director

Miriam is an accomplished Legal Consultant and Advocate of the High Court of Uganda with local and regional experience in consulting, regulation and training within the financial services sector. Miriam is the Director Legal & Board Affairs of the Capital Markets Authority (Uganda). She is a result oriented, decisive leader with proven success in development and implementation of corporate strategy.

She was formerly the Acting Managing Director and Chief Operating Officer of Alexander Forbes Financial Services Uganda Limited (renamed Zamara Actuaries, Administrators and Consultants Uganda Limited). Prior to joining Alexander Forbes (Zamara), She was the Director Market Supervision at the Capital Markets Authority where she gained over 10 years’ experience in legal, regulatory and compliance matters.

She is an Accredited Fellow of the Macro Economic and Financial Management Institute of Eastern & Southern Africa (MEFMI). She is an expert on supervision of non-bank financial Institutions. She completed her Master of Laws (LLM) Degree at the University of Cambridge in 2006 with First Class Honours with specialisation in International Banking, Corporate Finance, Corporate Governance and Settlement of International Disputes. She was awarded the David Pearl Prize by Fitz William College Cambridge and elected Senior Scholar of Fitz William College Cambridge (2005/2006).

She is a member of the Oxbridge Society of Uganda and a member of the Chartered Institute of Securities and Investments UK (CISI). She is a certified John Maxwell Speaker, Trainer, Facilitator and Coach. She is sought after as a consultant, conference speaker and facilitator internationally and has facilitated workshops and seminars in Corporate Governance, Pensions and Capital Markets in the United Kingdom, South Africa, Malawi, Angola, Botswana, Kenya, Mozambique, Zimbabwe and Uganda. She has written various publications in the areas of Corporate Governance, Capital Markets and Pensions. She co –authored a book with the World Bank on Pension Systems in East Africa: A Deep Dive. She is also a co-author and co- editor of the pioneer book on corporate governance in Uganda.

Miriam is a trusted advisor to Corporate Boards and Boards of Trustees of Pension Funds. She served as an Independent Director of Mayfair Insurance Uganda Limited. She was a Non-Executive Director of Power FM Ltd, a member of the Quality Assurance Board of the Institute of Certified Public Accountants of Uganda. She is a director of J & M Musaali Limited.

ANGELA OKINDA

Managing Director and Principal Officer

Ms. Angela Okinda is Strategic Leader in the insurance, actuarial science, investments (including alternative investments), asset management and the retirement benefits industry with solid expertise in financial services across Africa and the United Kingdom (UK), spanning over 18 years.

Currently leading the Equity Insurance Group as the Group Managing Director, Angela is responsible for 3 insurance subsidiaries to date, with operations in Kenya as well as the Democratic Republic of Congo (DRC) focusing on providing solutions protecting life, health and wealth:

• Life Assurance – delivering life assurance, pensions and asset management solutions
• General Insurance – delivering property and casualty (including financial lines) solutions
• Health Insurance – delivering health insurance and wellness solutions.

Launching the first subsidiary in March 2022, Ms. Okinda has driven the company's remarkable growth and early success in the Kenyan insurance industry. Under her strategic leadership, Equity Life Assurance Kenya [ELAK - delivering life assurance, pensions and asset management solutions] has achieved impressive performance securing 4th position in the industry within 21 months of commencing operations in market share as well as profitability. The investment performance has been rated consistently top 5 in the market, awarding customers with optimal investment returns. This has positioned Equity Insurance as a formidable player in the insurance sector in East Africa. Equity Insurance’s success extends beyond financial metrics, as evidenced by its continued multiple wins at the Insurance Awards including notable recognitions as Life Insurer of the Year, Most Customer-Centric Underwriter, Best Market Practice as well as Leading Innovations. These accolades highlight Equity’s commitment to innovation, financial soundness, and customer-centric service delivery. To date, Ms. Okinda has been instrumental in developing a wide range of insurance products, including life, pensions, asset management, health, and asset protection policies, focusing on making solutions more accessible and relevant for the market.

Ms. Okinda began her career at the Retirement Benefits Authority (RBA) before joining Alexander Forbes Financial Services Limited, where she rose through the ranks to become the Divisional Head of Umbrella & Retail Solutions. In February 2019, she took on the role of Director for Rest of Africa at Zamara Actuaries (formerly Alexander Forbes), where she led the company's pan-African expansion efforts until July 2021 when she joined Equity as the Managing Director.

Angela Okinda holds an Honours Bachelor of Science degree in Actuarial Science from the University of Nairobi. She has also pursued further professional development, including the Associate of Life Management Institute of America (LOMA) - ALMI, Bullet Proof Manager Program from Crestcom International, USA, and is a Candidate for Level III of the Chartered Financial Analyst program, amongst other professional development achievements. Ms. Okinda’s exceptional leadership has also been recognized through various prestigious awards. In 2024, she was honored as the CEO of the Year at the 2024 Think Business Awards, and has previously been feted amongst the Top 40 Under 40 Women in Kenya, in addition to the Stanbic - Africa Financial Services Industry Leader Award amongst other accolades. Ms. Okinda also leads the East Africa Community Financial Service Providers Council as well as sits as a member of the Ethics and Market Conduct Committee for the industry body, Association of Kenya Insurers (AKI).

Ms. Okinda’s passion for the industry, combined with her dedication to professionalism and excellence, her visionary approach and relentless pursuit of customer-centricity have driven Equity Insurance to the forefront of the insurance industry, setting new standards for innovation, customer experience, and overall business success.

SAMUEL MWALE

Non-Executive Director and Chairman

Samuel is the Interim President GiveDirectly and the Chairman Millenium Water Alliance. He is a businessman and acts as both a Business Strategy consultant as well as Public Policy consultant.

He has held various positions in the public sector including Principal Administrative Secretary & Asst Secretary to Cabinet (Principal Secretary & Deputy to Head of Public Service), Economic Advisor, Presidency, Economic Development Advisor, Ministry of Planning & National Development and Member of Governing Council, NEPAD/ APRM. Further, he has held other leadership positions which include Independent Director: Kenchic Ltd, Independent Director: Mitchell Cotts Kenya, Advisory Board Member: Talanton Advisors (Impact Investors), Trustee: Kenya Private Sector Alliance (KEPSA) , Advisor: Kenya Private Sector Alliance (KEPSA) , US Representative: Kenya Private Sector Alliance (KEPSA), Independent Director: NIC Capital, Independent Director: NIC Securities and Independent Director: Jamii Bora Bank.

Samuel holds a Bachelor of Science (Hons) Range Management from the University of Nairobi, Kenya and MSc Agricultural Economics from University of Oxford, UK. Additionally, he has a Certificate in Leaders in Development from John F Kennedy School of Government, Harvard University, USA, Certificate in Agricultural and Natural Policy Analysis from Food Research Institute, Stanford University, USA and Diploma in Development Economics (Distinction) from the School of Development Studies, University of East Anglia, UK.

JONAS MUSHOSHO

Non-Executive Director

Jonas holds a Bachelor of Accounting Science from University of South Africa, Bachelor’s Degree in Accounting and an MBA from the University of Zimbabwe. He also has postgraduate qualifications from the University of Cape town, Graduate School of Business, London Business School and Harvard Business School among others.

He is a Chartered Accountant and a Fellow of the Institute of Chartered Secretaries and Administrators. He previously served in senior leadership positions in both the private and public sectors. He has led multi-national portfolios in different lines of business, particularly in financial services.

He served as the Chief Executive Officer at Old Mutual Zimbabwe Limited between 2012 and 2019. He also doubled up as the Managing Director for Old Mutual Rest of Africa, where he was responsible for strategy implementation, stakeholder management, investment performance management, governance and compliance and functional effectiveness of the Old Mutual Business in 12 countries in the continent.

He is currently a consultant at Afreximbank as well as Director and Principal Officer Afrexinsure a subsidiary of the bank.

He is currently a Director at Brooks & Oracle, a council member at Zimbabwe Open University and serves as a non-executive director at Delta Corporation.

FESTUS KIRAGU

Non-Executive Director

Festus is a high potential professional with international work experience possessing vast knowledge of the African market in Corporate Strategy, Commercial & Sales Planning, Operational Efficiency, Change Management, and Financial Management.

He holds a Bachelor’s Degree in Business Administration with Double major in Accounting and Business Management from the University of Eastern Africa, Baraton and an Honours Master of Business Administration [MBA], Major in Finance from the United States International University

He is currently the Country Director (Kenya), CloudFactory International where he is charged with strategic business management to steer the Kenya business in achieving business goals. He has previously served as the Director for Finance Sub-Sahara Africa, Mastercard Incorporated, Chief Financial Officer and subsequently as acting managing director, Mobile Telephone Networks [MTN] based in Kenya, Finance Manager/Financial Controller/Commercial Finance Lead at Microsoft Corporation in Africa, Finance & Operations Manager at Hewlett Packard Company, East Africa Regional Office and as Senior Accountant, Legend Technologies (EPZ) Ltd.

LUCY KAMBUNI

Non-Executive Director

Lucy is a Legal Practitioner for over Thirty-five (35) years and has practised variously in law including in Corporate, Commercial, Constitutional, Elections and Criminal law. She has acted as Counsel for numerous Clients including Insurance Regulatory Authority, Independent Electoral and Boundaries Commission, Commission for Implementation of the Constitution, Transition Authority, The National Assembly, Kenya Power & Lighting Company Limited, Commission for University Education, UAP Insurance Company Ltd, Retirement Benefits Authority, Co-operative Bank of Kenya Limited and the Attorney General.

She is a Trustee Certificated under the Trustee Development Program, Kenya and has served as Commissioner to the Commission for University Education, Member to the Employment and Labour Relations Rules Committee and served as Vice Chairperson to the Committee, Chairperson of the Board of Trustees, Alexander Forbes Retirement Fund (now known as Zamara Fanaka Retirement Fund), Kenya, as a consultant at the Annual Planning Retreat of the GoK – UN Joint Programme on Gender Equality and Women’s Empowerment (JP-Gewe) and made a presentation titled ‘Gender and the Administrative / fiscal devolution’, Mombasa, Kenya, Acting Chairman, Tourism Trust Fund, Council Member, Masinde Muliro University of Science and Technology, Director Kenya Private Sector Alliance, Trustee Tourism Trust Fund, Member, Council of Legal Education, Governing Council Member Mater Hospital amongst others.

In 2019 she was awarded State Commendation; The Second Class; Elder of the Order of the Burning Spear (E.B.S) as well as inducted to the Law Society of Kenya’s Roll of Honour. She was Conferred the rank of Senior Counsel (SC) in 2012.

She holds a Bachelor of Laws as well as Master of Laws (LLM) in Public International Law (International Criminal Law, International Litigation and Conflict Resolution, International Air and Space Law and International Human Rights.

MARGARET MALU

Non-Executive Director

Margaret is a qualified Chartered Accountant of the Institute of Chartered Accountant in England and Wales, a member of the Institute of Certified Public Accountants of Kenya and also holds a First-Class Honours Bachelor of Commerce Degree (Accounting Option) from the University of Nairobi. She is an accomplished visionary leader and strategic thinker in the management of resources and operations, adept change manager and results-oriented leader. She is a partnership-builder with a solid track record of establishing networks, mobilizing stakeholders and resources; a thought and knowledge leader and manager with extensive experience providing advice and leadership in institutional financial and operational management for effectiveness and efficiency to deliver on strategies, priorities and mandates.

Her work experience includes 14 years in the International Audit firm, Deloitte and Touche. Four of those years were with Deloitte’s office in London, United Kingdom, where she studied, trained, and qualified as a Chartered Accountant. The other 10 years, she worked in the Deloitte office in Nairobi, Kenya. Margaret’s latest experience has been with the UN World Food Programme (WFP), where she has worked for the last 23 years in different positions. Her experience in the UN WFP includes 16 years in the Oversight Division, Internal Audit function based in Rome, Italy. This was followed by Field experience for 7 years providing strategic direction, guidance and advice for Country and Regional operations in Sudan and in the Regional Office for Southern Africa covering 12 countries.

She is currently Deputy Regional Director, Southern Africa - UN World Food Programme (WFP): Responsible for advocating WFP values to all staff in the region and setting an example as a role model of the values, principles and standards of WFP.

DENNIS MWIRIGI

Non-Executive Director

Dennis is a seasoned governance and finance professional currently serving as Chairman of Muthaiga Golf Club, where he previously held the role of Finance Director. He has also served as Managing Director at Flamingo Horticulture Ltd and Finance Director at Finlays and Flamingo Horticulture Limited. Additionally, he serves as Company Lead Representative (Industry Associations) in Kenya Private Sector Alliance, British Chamber of Commerce, Kenya Produce Association of Kenya and American Chamber of Commerce.

Dennis holds a Masters in Business Leadership and Management from the University of South Africa, a Bachelor’s Degree in Commerce, University of Nairobi. He is a certified internal auditor and a certified Public Accountant.

KRIS MBAYA

Managing Director and Principal Officer

Kris Mbaya is a Senior Executive in Insurance & Accounting profession with over 20 years’ experience spanning Insurance sector, public sector and consulting services. Passionate about the Pan African dream, he aims to contribute to innovations that increase financial inclusion, keen to explore the dynamics of technology on simplifying everyday life experiences.

A Fellow of the Association of Chartered Certified Accountants, an Associate of the Life Management Institute, he holds a bachelor’s degree in commerce – Accounting & Business Administration from Daystar University and Master of Science in Professional Accounting from University of London. Prior to joining Equity Insurance, Kris was serving as the Group Chief Executive Officer (GCEO) for Star Discover Insurance Group overseeing their General, Life and Micro Insurance Businesses and also previously was the Managing Director for the UAP South Sudan (now Old Mutual – South Sudan) overseeing General & Life Insurance businesses as well as Property Investments.

Kris has built his passion around operational effectiveness and productivity over his career, triggered by one of his earlier roles as a Senior Consultant with PricewaterhouseCoopers. Kris brings a depth of expertise on value chain improvement and leveraging on technology to optimize efficiency and ultimately drive targeted customer experiences and behavior.

JOSEP BONJOCH

Non-Executive Director and Chairman

Josep is a qualified medical doctor with experienced leader in strategy with extensive knowledge in the triple discipline he has acquired in managing NGOs, public companies and private companies as one of his professional strengths. Additionally, his philanthropic work has been impactful on the concept of social responsibility of the companies. He was one of the founders in Spain of Doctors Without Borders and an author of the book Planta't! a call to action and commitment from society, especially in the face of the climate emergency.

He holds a PhD in Business Organisations (Universitat De Catalunya), a bachelor’s degree in medicine (Universitat Autonoma de Barcelona), a Bachelor of Business Administration (ESADE), Health Economics ( Universitat de Barcelona and also attended the Stanford School of Business Executive Program.

He has worked as the CEO of Grupo Previasa as well as the CEO Hospital in A Coruna. He also worked at as a medical doctor at Hospital del Mar ( Barcelona), Olympic Hospital del Mar (Barcelona), Olympic Hospital for the 1992 Barcelona Olympic Games , Advisory Body of Fujitsu( Spain) and Advisory Body for the Sustainability of Healthcare System (Government of Catalona), and was the winner of the 1992 Hospital of the Year Award.

He is the founder & President - Respon.cat (a business initiative for the development of social responsibility in Catalonia. He served as the President of the board of trustees of Ship2B Foundation, Vice President of Plant for the Planet Foundation (Spain) and Patron, Multiple Sclerosis Foundation

MR. THOMAS MSHINDI

Non-Executive Director

Thomas is a renowned journalist and communications expert who has served in executive positions at notable media organisations leading editorial and operations team to ensure sustained journalistic, quality, independence in reporting. He headed the Standard Group in 200s during its re-engineering period that saw the company turnover grow to Kes 2 Billion re-branding it to leading television station and the second most influential newspaper.

He holds a Bachelor of Arts degree from the University of Nairobi, an Advanced Management Program in media and entertainment, IESE(USA) and an Advanced Management Program from Strathmore Business School.

Thomas has extensive experience in the media industry spanning over 30 years having worked for Blue Crane Global LLP, Nation Media Group and Standard Group and was honoured as one of Africa’s top achievers in the publishing industry by the Publishing and Broadcasting Houses of Africa Award Organizing Committee.

He also held directorships in several organisations including, Kenya Broadcasting Corporation, AAR Insurance, Nation Media among others.

AMB. DR. CLEOPA MAILU

Non-Executive Director

Amb. Mailu is an accomplished and distinguished state officer and diplomat with over 30 years' experience in public service, leadership and diplomacy and with a proven track record of designing impactful national policies as well as fostering outcome-oriented diplomatic engagements. Adept at creating positive change as well as skilled in conflict resolution, negotiation, mediation, public speaking and intercultural communication.

Holds a Bachelor of Medicine and Bachelor of Surgery from the University, a Master of Science, Medical Sciences (Genetics) from the University of Glascow.

He has worked as the Kenya Ambassador to the United Nations Office at Geneva, Switzerland, Cabinet Secretary, Ministry of Health, Chief Executive Officer, Nairobi Hospital, Project Officer UNICEF, India among others.

He has held several directorships in several organizations including Biological Weapons Convention meeting of states parties, Federation of Kenya Employers (FKE) and several others

DR. PATRICK GATONGA

Managing Director and Principal Officer

Dr. Gatonga is a transformational executive leader with strong skills in people management, strategy development and implementation, commercial execution, negotiation and stakeholder management.

He holds a Master’s in Business Administration from the University of Nairobi, a Bachelor of Medicine and Surgery from the University of Nairobi and advanced insurance qualification from the Fellow of Life Management Institute (FLMI).

Prior to joining Equity, he worked as the Group Chief Executive Officer, AAR Insurance Holdings, Chief Executive Officer, Jubilee Health Insurance and Commercial Executive, Old Mutual (East Africa) and has also worked with UNICEF and AMREF.

He was a director at AAR Insurance Companies (Holdings, Kenya and Uganda) and Jubilee Health Insurance both in Uganda and Tanzania and Chair of AKI Technical Committee on Health Insurance.