History

1913

The Kenya Building Society Limited (KBSL) was founded and was the earliest building society in Kenya set up to serve the needs of the immigrant communities.

1956

KBSL was registered under the Companies Act. In 1956, the constitution was changed and therefore on 11th September 1956 KBS was registered under the Building Societies Ordinance of 1956 with its Head office located at Kenwood House along Hardinge Street (now Kimathi street).

1965

Inception

Housing Finance Company of Kenya was incorporated as the premier mortgage Finance Institution in Kenya licensed under the Banking Act with the CDC and the GoK owning 60% and 40% respectively.

1966

Operations

  • Housing Finance started operations with the main objective of implementing the government’s policy of promoting thrift and home ownership by lending funds advanced from First Permanent East Africa Limited (FPEA)
  • Operations were restricted to the zoned residential areas within Nairobi and Mombasa. 
1968

Deposits of FPEA in Kenya were transferred to HFCK while the Tanzanian and Ugandan deposits were transferred to The Permanent Housing Finance Company of Tanzania and the Housing Finance Company of Uganda respectively.

1970

On 1st January 1970, HFCK acquired the whole shareholding of the FPEA thereby acquiring the latter’s wholly owned subsidiary Kenya Building Society.

In January 1970, HFCK moved its headquarters to the newly acquired Portal House (now Alyusra House) on Library Street, off Portal Street (now Banda Street) for use as the Head Office and banking hall.

1971

The new office space soon proved to be inadequate and therefore on 1st June 1971, HFCK increased its administrative offices by taking over a whole floor of the adjacent Nanak House along Kimathi Street.

1973

Buru Buru Estate is commissioned

Buru Buru Estate was commissioned in 1973 by the then Mayor of Nairobi, Margaret Kenyatta.

1973

Buru Buru Estate is commissioned by the then Mayor of Nairobi Miss Margaret Kenyatta.

1974

Completion of Buru Buru phase 1 comprising of 926 houses.

1974

Buruburu phase I comprising of 926 houses was completed in 1974

1975

The construction of Rehani House, the current Head Office at the junction of Kenyatta Avenue and Koinange Street commenced in 1975 and the building was completed in 1978.

1977

Buruburu phase III comprising of 625 houses and was completed between 1977 and 1978

1979

HFCK continued mobilizing deposits through Savings and Deposit accounts and also introduced other products including the Fixed Term Deposit Accounts. HFCK’s branch network stood at 3 branches in Nairobi, Mombasa and Nakuru and 1 agency, Thika Agency

1980

HFCK’s slogan transitioned from ‘In Pursuit of Shelter’ to ‘The Rock of Kenya’ in the late 1980s to inspire confidence amongst its customers and general public.

1987

Prince Charles visited Buru Buru Estate

1987

On the 31st March 1987, Prince Charles’ visited Buruburu estate when he was on a 3-day tour in Kenya to view CDC projects as one of the directors

1988

The construction of Komarock housing project commenced.

1990

The final phase of Komarock was completed in 1990

1992

In October 1992, HFCK offered part of its equity (18,000,000 new ordinary shares) up for sale to the public at Kshs. 7 and became a quoted company on the Nairobi Stock Exchange.

The issue was more than three times oversubscribed.

1994

KBSL continued developing the Komarock estate in the 90s with Komarock Phase II consisting of 197 two and three bedroom houses being ready for sale on 10th February 1994

1996

KBSL finished the construction of estates outside Nairobi, that is, 100 houses at Fahari Estate in Bamburi / Mtopanga, Mombasa

1998

HFCK events organized Kenya’s first Housing Exhibition in 1998 and 1999 at the Kenyatta International Conference Centre which brought together players in the real estate industry.

1999

Building of Komarock Phase V was completed

2001

3rd July 2001, HFCK’s MD Mr. Peter Lewis-Jones launched a Property Shop on the 8th floor of Rehani house whose purpose was to enable customers purchase property through HFCK.

2001

3rd July 2001, HFCK’s MD Mr. Peter Lewis-Jones launched a Property Shop on the 8th floor of Rehani house whose purpose was to enable customers purchase property through HFCK.

2002

6th March 2002, rebranding from Housing Finance Company of Kenya to the vibrant and aptly named Housing Finance (HF) - a company built on the strength of the old yet clearly focused on availing new housing solutions to homeowners and meeting the growing housing challenges.

2006

Frank Ireri was appointed the HF’s MD on the 1st of July 2006.

2007

In March 2007, HF set up a Project Finance team to provide solutions and financing for the growing base.

On the 11th July 2007, CDC Plc – the single largest shareholder in HF at the time - sold its 24.9% interest in HF to Equity Bank Limited and British American Investment Company Limited (BAICL).

The shareholding stood at 7.32% GoK, 20.0% EBL, 4.9% BAICL, 7.87% NSSF and 59.91% to the public. Property Point, a one-stop shop for property developers, estate agents, suppliers of housing and construction materials and property buyers to acquire property under one roof, was set up.

 

2008

HF entered into an agreement with the GoK through the Ministry of Housing to provide mortgages at subsidized rates to the civil servants through the Civil Servants Mortgage Scheme opening the door for thousands of civil servants across the country to access mortgages.

2010

HF successfully raised Kshs. 7B - which was the first tranche of a Kshs. 10B offer - from the bonds market to fund business growth. The Bond was oversubscribed by 41% from the original target of Kshs. 5B.

2012

KBSL - which had been scaled down to a Unit within HFCK - was revived and immediately embarked on the construction of Komarock phase 5A

2012

HF Insurance Agency begun operations, and was formed to serve existing HF customers

2012

HF Insurance Agency begun operations, and was formed to serve existing HF customers

2013

HF innovated a new solution, Ezesha, offering 105% mortgage financing, allowing customers to access mortgages to enable home ownership for more Kenyans

Komarock Phase 5A consisting of 162 units was completed and signed two Joint Ventures with land owners in Riruta (Precious Heights) and Kahawa (Kahawa Downs) to develop and supply 174 and 220 affordable housing units respectively.

2013

Komarock Phase 5A consisting of 162 units was completed.

HF signed two Joint Ventures with land owners in Riruta (Precious Heights) and Kahawa (Kahawa Downs) to develop and supply 174 and 220 affordable housing units respectively.

2015

In August 2015 the Company received approval from the Central Bank of Kenya (CBK) to establish a non-operating holding company and rebranded from Housing Finance to HF Group Limited. The banking and mortgage business was transferred to HFC Limited, while the Kenya Building Society rebranded to HF Development and Investment Limited.  

Westlands, Kitengela, Sameer, Kisii and Naivasha branches were opened within the year.

2015

TVET on wheels launched to address the shortage of relevant skills in the Building and Construction sector. The programme aims to tackle this shortage through training the aspiring artisans and up skilling existing artisans on live construction sites in practical skills.
2015

TVET on wheels launched to address the shortage of relevant skills in the Building and Construction sector. The programme aims to tackle this shortage through training the aspiring artisans and up skilling existing artisans on live construction sites in practical skills.
2015

TVET on wheels launched to address the shortage of relevant skills in the Building and Construction sector. The programme aims to tackle this shortage through training the aspiring artisans and up skilling existing artisans on live construction sites in practical skills.
2015

KBSL rebranded to HF Development and Investment Limited (HFDI)

Precious Gardens development at Riruta was completed

Komarock 5B was also completed

President Uhuru Kenyatta officiates the groundbreaking of Komarock Heights

2015

After rebranding, HF Insurance Agency began offering insurance solutions externally to the general public offering solutions from various underwriters.

Solutions offered include life, business, general and medical insurance.

2015

After rebranding, HF Insurance Agency began offering insurance solutions externally to the general public offering solutions from various underwriters.

Solutions offered include life, business, general and medical insurance.

2015

After rebrand, HF Insurance Agency began offering insurance solutions externally to the general public offering solutions from various underwriters.

Solutions offered include life, business, general and medical insurance.

2016

In January 2016, a new core banking system was introduced to improve on service delivery.

Komarock Phase 5A consisting of 162 units was completed. The year also saw the commencement of two new Joint Venture projects, Precious Gardens Phase One in Riruta and Kahawa Downs in Kahawa Wendani with 174 and 220 affordable housing units respectively. 

2016

In January 2016, a new core banking system - PROFITS- was introduced to improve in service delivery.

7 new branches were opened; Komarock, Hurlingham, River Road, Machakos, Nanyuki, Ongata Rongai and Embu, bringing the total branch count to 25.

2016

In January 2016, a new core banking system - PROFITS- was introduced to improve in service delivery.

7 new branches were opened; Komarock, Hurlingham, River Road, Machakos, Nanyuki, Ongata Rongai and Embu, bringing the total branch count to 25.

2016

K-Mall, the new family mall at Komarock was completed

Kahawa Downs is completed

Construction begins at Richland Pointe, Kamiti Road

Mission & Vision

VISION

To be the leading provider of integrated solutions for the acquisition, development and improvement of property in Kenya.

 

MISSION

We will be the leading integrated solutions enabler for the property industry. We will offer innovative products and services, delivered under one roof by exceptionally committed people to enhance shareholder value. We will operate across the property value-chain as suppliers and financiers that offer unique solutions to all while being environmentally responsible.

 

Leadership

  • HF Group Board Of Directors
  • HFC Board Of Directors
  • Management
  • Prof Olive M. Mugenda Prof Olive M. Mugenda Group Chairperson ×

    Prof Olive M. Mugenda - Group Chairperson

    Prof. Mugenda is a seasoned academic researcher and administrator with specialization in Women/Girl’s Education, Research Methods & Statistics, Leadership and Governance. She holds a Doctor of Philosophy (Ph.D.), Iowa State University, USA. Master of Business Administration, Eastern and Southern Africa Management Institute, (ESAMI), Arusha, Tanzania. Master of Science (M.Sc.), Iowa State University, USA and Bachelor of Education (First Class Honours), University of Nairobi.

    Currently, she is the Chairperson – Kenyatta University Teaching, Referral & Research Hospital; Commissioner – Judicial Service Commission (JSC); Non-Executive Director, UBA Kenya Ltd (March 2016 to date), among others. She was the Vice-Chancellor, Kenyatta University for 10 years – between March 20th 2006 to March 20th 2016. During her tenure, the University grew in both stature and financial strength.

  • Dr. Benson I Wairegi Dr. Benson I Wairegi Director ×

    Dr. Benson I Wairegi - Director

    Dr. Benson I. Wairegi, EBS, has worked for Britam Holdings Plc in various capacities and is the immediate former Group Managing Director. He previously worked with PricewaterhouseCoopers. He is the Chancellor of Kenyatta University and also the Chairman of Endeavor Kenya an organization headquartered in New York City that is pioneering the concept of high-impact entrepreneurship in growth markets around the world. He is a former Chairman of the Association of Kenya Insurers (AKI) and former Board Member of the Board of Trustees of the Insurance Training and Education Trust (ITET).

    Dr. Wairegi holds an Honorary Doctorate Degree (Honoris Causa) from Kenyatta University, Bachelor of Commerce and Master of Business Administration degrees from the University of Nairobi. He is a Certified Public Accountant(CPA-K). He has significant insurance and financial services industry experience.

  • Dr. Peter Munga Dr. Peter Munga Director ×

    Dr. Peter Munga - Director

    Dr. Peter K. Munga, EGH, is a Certified Public Secretary with vast experience in both public and private sector management. He holds two honorary doctorates, Doctor of Letters (Honoris Causa) from The University of Nairobi, and Entrepreneurship (Honoris Causa) from Kenya Methodist University. He has a Diploma in Human Resources and Financial Management. He has received the highest presidential award to a civilian, the First Class Chief of the Order of the Burning Spear (CBS) and also the Second Class Order of the Golden Heart of Kenya (EGH) national decoration, for his outstanding contributions in economic development.

    Dr. Munga is the Chairman of Pioneer Group of Schools, Equatorial Nut Processors Limited, Freshco Seeds Limited and Murang’a Water and Sewerage Company (MWASCO). He is the current Chancellor of Pioneer International University. He is also a Director at Britam Holdings Plc.

  • Felister Kembi Felister Kembi Director ×

    Felister Kembi - Director

    Ms. Felister W. Kembi joined the board on 26th  September 2016. She is a graduate of the University of Nairobi with a Bachelors Degree in Commerce (Accounting option). She is also a CPA (K) holder and a member of the Institute of Certified Public Accountants of Kenya (ICPAK). Felister has vast experience having worked for Kenya Airways, East African Portland Cement, Kenya Times, Bellhouse Mwangi, Ernst & Young and Roussel of EA later known as AgrEvo EA Limited. mainly as an accountant, auditor and Finance Manager. She is also a Director of Felicity Exclusive Designs, a major importer and distributor of clothing and household goods.

  • Constance Gakonyo Constance Gakonyo Director ×

    Constance Gakonyo - Director

    Ms. Gakonyo is a strategic management expert with extensive legal and corporate governance experience. She has held a variety of senior management positions including that of Legal Consultant and head of the performance management portfolio for SABMiller Africa Asia (Pty) Limited. She holds a Law Degree from the University of Nairobi and an MBA in Strategic Management.

    Constance is a member of the Law Society of Kenya (LSK), Certified Public Secretaries CPS (K) and the Chartered Institute of Arbitrators. She chairs the Group’s Nomination and Governance Committee. Constance has also served on the Boards of East African Breweries Limited (EABL) and on the Group Boards of REAL Insurance Co. Limited (Kenya, Malawi, Mozambique, and Tanzania).

  • Charles Kimani Njuguna Charles Kimani Njuguna Director ×

    Charles Kimani Njuguna - Director

    Mr. Njuguna is the Acting Group Managing Director, Britam Holdings PLC.

    He has over 20 years’ experience in the Financial Services sector where he has managed transformational projects, having worked with ABN Amro Bank, GT Bank, Old Mutual, Family Bank as the Chief Financial Officer and Faulu Micro-Finance Bank as the Managing Director.

    He holds an MBA, Masters in Finance from the University of Nairobi. Bsc, Accounting, United States International University – Africa (USIU). Management Program, IESE Business School, University of Navarra (Spain). Program on Strategic Leadership in Inclusive Finance (Harvard Business School), Africa Board Fellowship (ACCION – Center for Financial Inclusion in Partnership with MasterCard Foundation and FMO). Micro, SME and Housing Finance Summer Academy – Frankfurt School of Finance and Management.

  • Dr. Anthony Omerikwa Dr. Anthony Omerikwa Director ×

    Dr. Anthony Omerikwa - Director

    Dr. Omerikwa, MBS is the CEO/Managing Trustee of the National Social Security Fund. Prior to his current position, he served as the Acting General Manager Operations in the same institution overseeing Information Technology, Human Resource, Administration and Procurement functions.

    He holds a Doctoral Degree from the University of Georgia, a Specialist Advanced Degree in Labour, Workforce Development and Education and a Master of Science Degree in Human Resource Development both from Pittsburgh State University, a Bachelor of Arts Degree in Economics from Kenyatta University and a Diploma in Data Processing and Management from Strathmore College. Dr. Omerikwa is an associate member of the Institute of Human Resource Management, Institute of Directors and Kenya Institute of Management.

  • Anne Kimari Anne Kimari Director ×

    Anne Kimari - Director

     Anne is a committed and dedicated professional with twenty-five years’ experience in SME Banking, General Management, Accounting, Finance, Strategic Management, Tax, Risk, Audit, Microfinance, and has Corporate Governance and Board experience. She is the founder and principal consultant of Finebridge Associates Limited, providing Finance and Microfinance Consultancy services.

    She holds an MBA Finance – United States International University – Africa (USIU), Bachelor of Commerce Finance option – University of Nairobi. She is a Certified Public Accountant (CPA), a member of ICPAK and a Fellow of ACCA. She holds an Executive Certificate in SME Banking – Frankfurt School – Germany and a Microfinance Trainer of Trainers (MFTOT) Certificate from Asian Development Bank (Tokyo, Japan) in collaboration with the World Bank and UNCTAD. She has worked in senior roles in Microfinance Institutions.

  • Robert Kibaara Robert Kibaara Group Chief Executive Officer ×

    Robert Kibaara - Group Chief Executive Officer

    Robert is a renowned banker, with over 26 years’ experience and an excellent record of accomplishment in successfully driving change, revenue mobilization and delivering outstanding business results. He has previously held several leadership positions including Retail Director at NIC Bank; Executive Director - Retail and Business Banking at National Bank of Kenya; Standard Chartered Bank; among other executive positions at Barclays Bank of Kenya.

    He holds an MBA Degree from Strathmore University, Bachelor’s Degree in Banking and Finance from the University of Sunderland (UK) and a Post Graduate Diploma from the Chartered Institute of Marketing (CIM) UK

  • Dr. Kaushik Manek Dr. Kaushik Manek Director ×

    Dr. Kaushik Manek - Director

    Dr. Kaushik Manek, EBS was appointed as a Non-Executive Director of HF Group PLC effective 26th June 2015. Upon completing his education, locally in Kenya and the UK, Dr. Manek joined the family business in 1978 and has since been instrumental in its growth from a small retail shop in Nairobi to multi-faceted business interests in Kenya.

    Dr. Manek is committed to both social and community service. This is exhibited through his extensive involvement with Rotary since 1997, having worked through the ranks within the club level and eventually serving as District Governor in 2008- 2009. His social service spans beyond Rotary and is reflected through community leadership roles within the Lohana community and the Desai Memorial Foundation, amongst others.

  • Dr. Benson I Wairegi Dr. Benson I Wairegi Director ×

    Dr. Benson I Wairegi - Director

    Dr. Benson I. Wairegi, EBS, has worked for Britam Holdings Plc in various capacities and is the immediate former Group Managing Director. He previously worked with PricewaterhouseCoopers. He is the Chancellor of Kenyatta University and also the Chairman of Endeavor Kenya an organization headquartered in New York City that is pioneering the concept of high-impact entrepreneurship in growth markets around the world. He is a former Chairman of the Association of Kenya Insurers (AKI) and former Board Member of the Board of Trustees of the Insurance Training and Education Trust (ITET).

    Dr. Wairegi holds an Honorary Doctorate Degree (Honoris Causa) from Kenyatta University, Bachelor of Commerce and Master of Business Administration degrees from the University of Nairobi. He is a Certified Public Accountant(CPA-K). He has significant insurance and financial services industry experience.

     

     

  • Gladys Ogallo Gladys Ogallo Director ×

    Gladys Ogallo - Director

    Gladys Ogallo holds a Masters in Business Administration (MBA) and a Bachelor of Education degree.

    Gladys has successfully completed the Women Directors Leadership Summit; a leadership development program facilitated by Strathmore University, Canfield University and WCD

    She is trained, certified and accredited by both PDA International and SHL Talent Management. Both are global leaders in talent assessment solutions, supporting organisations in the selection, performance management and development of people at all levels and across all sectors.

    She has over 14 years’ experience in the ICT sector working with Africa Online as a Training & Development Manager in charge of 9 countries in Africa and later Head of Human Resource at UUNET (now MTN Business).

    Her rich two-decades career in HR management has seen her manage and later consult for leading organizations across the continent where she deploys expertise in talent management, talent development, Assessment tests, Labour law, recruitment and performance management

    Gladys HR career has spanned several countries including Ghana, Cote d’ivoire, South Africa, Zimbabwe, Zambia, Namibia, Swaziland, Rwanda, Uganda, and Tanzania. 

    She is the Managing Director and Founder of Virtual Human Resources Services Ltd.

    Gladys is the Vice Chairman of the Group on Capacity Building Initiatives (GCBI). GCBI is constituted by World Telecommunications Development Conference of the International Telecommunications Union (ITU), based in Geneva, Switzerland

    Gladys is a non-executive Director of HFC (formerly Housing Finance Company of Kenya) the premier mortgage Finance Institution in Kenya licenced under the Banking Act. Gladys is the Chairman of the Risk Committee of the Bank

    She is also a non-executive director of Pacis Insurance Co Ltd and the Chairman of the Remuneration & IT Committee

    Gladys is an adjunct faculty at Strathmore Business School, Nairobi where she facilitates leadership training to senior executives at the Business School

    Gladys has great focus on developing skills and talent and is the Founder and Executive Director of Azizi Hair & Beauty College

    Gladys is a member of Women Corporate Directors (Kenya Chapter). WCD is the only global membership organization and community of women corporate directors. During the 2016 WCD Global Institute in New York, Gladys made a presentation on “What’s working – Diversity around the World”

    Gladys has been a facilitator of several global workshops in New York, South Korea, Geneva, Portugal, Zambia, Egypt and South Africa among others

  • John Nicholas Ashford- Hodges John Nicholas Ashford- Hodges Director ×

    John Nicholas Ashford- Hodges - Director

    Mr. Ashford-Hodges was appointed a Non-Executive Director of HFC Limited effective 26th June 2015. He is a Chartered

    Accountant and Financial Director with broad based international experience particularly in the financial services sector and African markets, and is a former Chairman of Britam in Kenya.

    Mr. Ashford-Hodges is currently a Director of NNAH Services Limited, a personal service company providing advisory and consulting services, based in Windsor, UK.

    He holds a Master’s degree in Engineering Science from Wadham College, Oxford, and is a Fellow of the Institute of Chartered Accountants in England and Wales.

  • Shilpa Haria Shilpa Haria Director ×

    Shilpa Haria - Director

    Shilpa Haria joined the board on 15th April 2016. She is a Certified Accountant, a Fellow of the Chartered Association of Certified Accountants (FCCA) and a practicing member of the Institute of Certified Accountants (ICPAK). She is also a certified Coach (AoEC) and a Member of the Association of Accounting Technicians (AAT).

    She has vast experience in the finance sector having worked with Pricewaterhouse Coopers Nairobi, as a Financial Controller Aga Khan Hospital Nairobi, Group Chief Finance Officer Kensta Group, Head of Finance Eveready East Africa Limited and Group Financial Controller Access Kenya Group Limited

    She is currently a Director of Unga Group Plc, Resolution Insurance and also serves as a consultant Chief Financial Officer for the Flame Tree Group.

  • Robert Kibaara Robert Kibaara Director ×

    Robert Kibaara - Director

    Robert is a renowned banker, with over 26 years’ experience and an excellent record of accomplishment in successfully driving change, revenue mobilization and delivering outstanding business results. He has previously held several leadership positions including Retail Director at NIC Bank; Executive Director - Retail and Business Banking at National Bank of Kenya; Standard Chartered Bank; among other executive positions at Barclays Bank of Kenya.

    He holds an MBA Degree from Strathmore University, Bachelor’s Degree in Banking and Finance from the University of Sunderland (UK) and a Post Graduate Diploma from the Chartered Institute of Marketing (CIM) UK

  • Dr. Dorcas Muthoni Dr. Dorcas Muthoni Director ×

    Dr. Dorcas Muthoni - Director

    Dr. Dorcas Muthoni is an entrepreneur, computer scientist and founder of OPENWORLD LTD, a software consulting company she started at the age of 24. She has over 20 years’ experience and demonstrated ability to use technology to solve business problems and deliver bottom-line results.

    Muthoni is also the founder of the regional organization AfChix, a mentorship and capacity building initiative for women in computing across Africa. Globally, she has been involved and honored in technology leadership by the Internet Society (ISOC), World Economic Forum (WEF), AnitaB Institute and the Pompeu Fabra University (UPF) in Spain.

  • Jane Kilonzo Jane Kilonzo Director ×

    Jane Kilonzo - Director

    Ms. Jane Kilonzo is a career banker with over 26 years’ experience in the banking sector cutting across all banking operations. Her last role was at Bank of Africa Kenya Limited where she worked for over 14 years, rising through the management ranks to the position of Deputy Managing Director. Prior to that she worked as the Chief Internal Auditor at Credit Agricole Indosuez Bank. Jane has hands on experience in general banking operations, internal control design and implementation, internal audit and management of enterprise-wide risk. She has extensive experience leading and managing change.

    She holds an Executive MBA, ACIB/BSc Financial Services and is a Certified Public Accountant of Kenya, CPA (K).

  • Peter Mugeni Peter Mugeni Managing Director, HFC ×

    Peter Mugeni - Managing Director, HFC

    Peter is a seasoned Banker, with over 15 years’ experience in Credit Risk Management and Operations, as well as leading large teams both regionally and across Africa. Through his experience, he has formulated and implemented business strategies which have made significant turnaround impacts to the Organizations he has worked for. He joined HF Group from Standard Bank of South Africa where he was Credit Executive responsible for Sanctioning and Monitoring of Large Exposures from Stanbic Africa entities (including Kenya). Prior to that, he was the Head of Credit, Personal and Business Banking for Stanbic Bank Tanzania for 5 years.

    Peter has previously worked at HF Group Plc as an Accounts Officer, Credit Analyst and Assistant Credit Manager, and with Stanbic Bank Kenya Limited as Credit Origination Manager (Corporate & Investment Banking), Credit Evaluation Manager (Personal and Business Banking) and Head of Credit, Business Banking. He holds a Master of Science in Finance (Banking Option) and a Bachelor of Commerce degree (Finance Option) both from the University of Nairobi. In addition, he is a Certified Retail Banker (CRB), Certified Chartered Accountant (ACCA) and a fellow of the Retail Banking Academy of the United Kingdom.

  • Robert Kibaara Robert Kibaara Group Chief Executive Officer ×

    Robert Kibaara - Group Chief Executive Officer

    Robert is a renowned banker, with over 26 years’ experience and an excellent record of accomplishment in successfully driving change, revenue mobilization and delivering outstanding business results. He has previously held several leadership positions including Retail Director at NIC Bank; Executive Director - Retail and Business Banking at National Bank of Kenya; Standard Chartered Bank; among other executive positions at Barclays Bank of Kenya.

    He holds an MBA Degree from Strathmore University, Bachelor’s Degree in Banking and Finance from the University of Sunderland (UK) and a Post Graduate Diploma from the Chartered Institute of Marketing (CIM) UK

  • Peter Mugeni Peter Mugeni Managing Director, HFC ×

    Peter Mugeni - Managing Director, HFC

    Peter is a seasoned Banker, with over 15 years’ experience in Credit Risk Management and Operations, as well as leading large teams both regionally and across Africa. Through his experience, he has formulated and implemented business strategies which have made significant turnaround impacts to the Organizations he has worked for. He joined HF Group from Standard Bank of South Africa where he was Credit Executive responsible for Sanctioning and Monitoring of Large Exposures from Stanbic Africa entities (including Kenya). Prior to that, he was the Head of Credit, Personal and Business Banking for Stanbic Bank Tanzania for 5 years.

    Peter has previously worked at HF Group Plc as an Accounts Officer, Credit Analyst and Assistant Credit Manager, and with Stanbic Bank Kenya Limited as Credit Origination Manager (Corporate & Investment Banking), Credit Evaluation Manager (Personal and Business Banking) and Head of Credit, Business Banking. He holds a Master of Science in Finance (Banking Option) and a Bachelor of Commerce degree (Finance Option) both from the University of Nairobi. In addition, he is a Certified Retail Banker (CRB), Certified Chartered Accountant (ACCA) and a fellow of the Retail Banking Academy of the United Kingdom.

  • Regina Anyika Regina Anyika Company Secretary and Director, Legal ×

    Regina Anyika - Company Secretary and Director, Legal

    Regina is a seasoned legal professional with expertise in governance, commercial law, labour relations and dispute resolution, deal structuring for Capital Raising including corporate bonds, Rights Issues, Mergers and Acquisitions. She joined HF Group Plc in September 2013 and is currently the Company Secretary and Director, Legal. Prior to joining the bank, Regina worked with the Co-operative Bank of Kenya Limited and Senator Cards Limited.

    She holds an MBA (Employee Relations) from the University of Leicester, LLB from the University of Nairobi, Diploma from the Kenya School of Law and is a Certified Public Secretary of Kenya (CPS K). She is an award-winning legal expert, having been recognized in the 2015 Legal 500’s list of the top 100 corporate counsel in Africa (www.Legal500.com).

  • Joseph Ngare Joseph Ngare General Manager, Audit ×

    Joseph Ngare - General Manager, Audit

    Joseph joined HF Group Plc on 19th April, 2010 as the Head of Audit. Prior to joining the Company, he worked with Gulf African Bank and Cooperative Bank of Kenya Limited.

    Joseph holds a Bachelor of Commerce degree (Finance Option) and is a qualified Certified Public Accountant (Kenya), Certified Internal Auditor (CIA) and a Certified Quality Assessor (QA).

  • Tom Shivo Tom Shivo Director, Human Resources ×

    Tom Shivo - Director, Human Resources

    Tom is a seasoned HR practitioner with 26 years working experience. He has previously worked at Safaricom as the Head of Business Partners (Commercial Divisions); Airtel Africa as the HR Director (Talent Management) and had a stint in Nigeria as the HR Director for Airtel Nigeria. He has also worked at Kenya Airways, where he was the Head of HR Relationships & Reward, and also acted as the HR Director for one year. At Coca-Cola Sabco, he was the Country HR Manager for the Kenya business, and previous to this he was the HR Manager at The Nairobi Hospital. He has been a HR consultant with Hawkins Associates /KHI Training, and a teacher in his early career.

    Tom holds an MBA in Human Resources from University of Nairobi, a Bachelor of Education from Kenyatta University and a Higher National Diploma in Human Resources. He also holds an Advanced Leadership certificate from GIBBS Institute (Pretoria University) and Christ Church (Oxford University).

  • Kennedy Gachoki Kennedy Gachoki Head Of Risk ×

    Kennedy Gachoki - Head Of Risk

    Kennedy joined HF Group Plc in November 2015 to oversee the Enterprise Risk Management Division with functional reporting responsibilities to Board Risk Committee. He joined the Group from Central Bank of Kenya (CBK) where he had served since June 2008, in Bank Supervision Department. He has vast experience in banking risk management processes including in risk identification, risk measurement, risk control and risk monitoring. He has also participated in several international and local forums on banking risk management including compliance related trainings.

    Kennedy holds a Master Degree in Business Administration (MBA-Finance) from the University of Nairobi and a Bachelor of Commerce Degree in Accounting. He is also a Certified Public Accountant CPA (K).

  • Patrick Njunge Patrick Njunge Director, Retail ×

    Patrick Njunge - Director, Retail

    Patrick is a seasoned results-driven banker with 12 years’ experience in banking. He has good experience in building business units, driving innovation and entrenching excellence in customer experience. Patrick has managed various business units and has broad experience in digital and retail banking. Some of the roles he has managed in the past include Portfolio Manager - Lending; Head of Credit Cards business, Head of Retail Products and Segments, and Head of Digital Business across 3 banks; NIC Bank, National Bank and Standard Chartered Bank.

    Patrick is a holder of a Global Executive MBA from USIU in partnership with Frankfurt School of Business and a Bachelor of Arts Degree in Economics, among other qualifications.

  • Joseph Chikove Joseph Chikove Director, Treasury ×

    Joseph Chikove - Director, Treasury

    Joseph is a seasoned treasury professional, with over 13 years’ experience in the banking industry across the East African Region. He has had an excellent track record orchestrating high team performance in the treasury business. Prior to joining HF Group Plc in 2019, Joseph held various positions including Head of Treasury at NIC Bank Uganda, Senior Treasury Dealer at NIC Bank Tanzania and Treasury Dealer at NIC Bank Kenya and Fina Bank Kenya Limited.

    Joseph is currently undertaking his Master’s in Business Administration from Edinburgh Business School and holds a Bachelor of Commerce degree from University of Nairobi. He also holds an ACI Dealing Certificate and is a member of the Financial Markets Association of Kenya (ACI Kenya) and a student member of Chartered Institute for Securities and Investments.

  • David Igweta David Igweta Chief Operations Officer ×

    David Igweta - Chief Operations Officer

    David is an astute ICT and operations expert with over 23 years of experience in Information Technology and Banking. Before joining HF Group Plc, he worked as the Head of Technology and Operations at Spire Bank, GM ICT at NIC Bank, Soluziona (an entity affiliated to the Spanish Power company as a systems consultant) and Car and General. He has expertise in policy formulation and best practice in ICT governance standards implementation, project and program management, IT Security and key strategic road map formulation and roll-out. He is well versed with IT and operational trends in banking and payment systems with deep involvement in Fin-tech engagements and partnerships.

    David holds a degree in Mathematics and Computer Studies from Kenyatta University and various accreditation and certifications. He brings this expertise and experience to HF Group Plc.

  • Tonney Agira Tonney Agira Director, Strategy and Business Performance ×

    Tonney Agira - Director, Strategy and Business Performance

    Tonney is a seasoned Banker, with over 14 years’ experience in strategy development & execution, business intelligence and analytics, retail banking and products management. Through his experience, he has been able to achieve business results which have made significant turnaround impacts to the organizations he has worked for, including growth in revenue and profitability; process improvements; development of business scorecards and frameworks that created excellence in market execution.

    He has previously held several senior roles including Head of Products, Head of Retail Strategy & Analytics at NIC Bank; Head of Retail Lending, and Manager Business Intelligence & Analytics at National Bank of Kenya; and a Business Analyst among other roles at Barclays Bank of Kenya.

    Tonney holds a Bachelor’s of Science degree (Biomedical Science & Technology - Pharmacology option) and is currently undertaking his MBA. He is a data and analytics enthusiast and has several certifications in this field including predictive analytics and propensity modeling certifications. He is also a yellow belt holder of the Lean six sigma process re-engineering program

  • Sammy Kamanthi Sammy Kamanthi Group Chief Finance Officer ×

    Sammy Kamanthi - Group Chief Finance Officer

    Sammy is a finance professional and a seasoned banker with over 19 years track record in the banking industry. His role includes providing leadership in financial forecasting & budgets, overseeing the preparation of financial reports as well as advisory on long term business and financial planning. Prior to joining HF Group Plc, he held the position of General Manager and Head of Finance for the Kenya operations at Equity Bank. He has also served as the Finance Manager & Head of Financial Reporting at the same institution. Sammy has also held other positions including Accountant at Kenya Airways; Graduate Management Trainee, Senior Bank Officer and Assistant Finance Manager at the Central Bank of Kenya.

    Sammy holds a Bachelor of Commerce Degree in Accounting from Kenyatta University, Master’s Degree in International Development Studies, Development Economics from National Graduate Institute of Policy Studies – Tokyo, Japan and Master in Business Administration (MBA) – Finance, from Edinburgh Business School (EBS), Heriot -Watt Univ – Edinburgh. He is a Certified Public Accountant CPA (K) and a member of the Institute of Certified Public Accountants (ICPAK).

Awards