Our Team

Our Board of Directors

Maurice Nduranu

Mr. Maurice Nduranu has over twenty years of work experience, over ten of which have been at senior management / leadership level in several world-class organizations. He has worked for one of the top public infrastructure consulting firms in the U.S. west, DPFG, one of the largest African investment bank / asset management firms, African Alliance, and the pioneer impact investment fund, Acumen. He has led experienced multi-disciplinary, multi-cultural teams in various sectors & geographies from structuring public infrastructure financing to managing public pension & deposit protection assets. He has also overseen and managed investments into businesses in the region ranging from agri-business to financial services and from manufacturing to retail.
Maurice graduated magna cum laude from the California State Polytechnic University at Pomona with a BSc in Business Administration – Finance, Real Estate, & Law. He also holds a Master of Financial Engineering degree from the Haas School of Business at the University of California, Berkeley. He is a member of the Institute of Directors, Kenya.

Dr. Benedict Mkalama

Dr. Benedict Mkalama is a well-grounded professional with a unique blend of experience that ranges from academia, research and industry. He is a holder of a degree of Doctor of Philosophy in Business Administration from the University of Nairobi. He also holds a Master’s Degree in Agricultural Economics from the University of Oxford (UK) and a Bachelor’s Degree in Agricultural Economics from Egerton University (Kenya). In addition to this, he has certified qualifications in Monitoring and Evaluation of Projects and Corporate Governance from chartered Universities in Kenya. He has over 25 years of working experience in senior leadership and management positions with international financial and local organisations in Africa. Some of these organisations included Standard Chartered Bank, Stanbic Bank and United Bank for Africa. With vast experience in commercial operations, his responsibilities ranged from guiding the organisations to design their strategic plans, implementation as well as tracking of the organisations’ annual operational activity plans and performance indicators. He is a member of the Institute of Directors (Kenya) and has over 15 years of cumulative experience on Boards of Directors/Management of different institutions. In addition to the CPF Financial Services, he also presently sits on the Council of the Lukenya University, Makueni (Kenya) as well as being the Chairman of the St. Stephen’s Bujwang’a Secondary School in Busia County (Kenya). A committed Christian, he actively serves as a member of the Catholic Men Association and his local Catholic Parish Pastoral Council. He is passionate about start-up entrepreneurship with varied interests across different sectors. His recent research interests have been in entrepreneurship and digital innovation with an emphasis on enterprise development.



Margaret Osure

Margaret is a lawyer by profession. She has worked with various organs in Government and for social protection administration locally and internationally. She was instrumental in setting up the East & Central Africa Social Security Association where she worked as Secretary General. She was thereafter nominated as the Focal Point officer for a block of 10 Eastern African countries for the International Social Security Association, Geneva. She founded and currently runs a research firm specializing in diverse areas of labour law and social protection. Margaret teaches and runs conferences and programmes related to her expertise in various parts of the world particularly for the International Labour Organisation. Margaret also sits on the Council of Strathmore University, Nairobi, Kenya, where she chairs the Fundraising and External Relations Committee.

Isabel Juma

Isabel Juma is a Certified Public Accountant (CPA-K) who hold a BSc in Business Administration and an MBA in Finance. She is currently a PhD (Business Administration – Finance) Candidate at the Jomo Kenyatta University of Agriculture and Technology. 

Isabel has over 15 years’ experience in Accounting and Finance, Tax, Strategy, Human Resource Management and Procurement Management gained mainly in the Higher Education, Insurance, Financial Consultancy and Manufacturing Sectors.

Victor Odendo

Victor Odendo is a seasoned investment
professional with over 16 years’ experience in investment and asset management. He is the current Head & Principal
Officer at Natbank Trustee & Investment
Services Limited, the investment subsidiary of National Bank of Kenya Limited.
He has previously served as the Principal Officer, Cytonn Asset Managers Ltd
as well as General Manager of Seriani
Asset Managers and Senior Investment
Manager at CIC Asset Management. He
holds a Bsc. in Finance from the United
States International University (USIU).

 

Hosea Kili, OGW

An advocate of the High Court of Kenya, Mr. Hosea Kili is the Group Managing Director/CEO of CPF Financial Services and a Trustee of the Local Authorities Pension Trust. He holds a Master of Business Administration from the Management College of South Africa.He is a Fellow
Member of the Institute of Certified Public Secretaries of Kenya (ICPSK); a Fellow and Council Member of Kenya Institute of Management (KIM); an active member of the Law Society of Kenya (LSK) and a Member of the Chartered Institute of Arbitrators (Kenya Branch).
He also serves as a Council member of the East and Central Africa Social Security Association (ECASSA) and a Non-Executive Director at the Nairobi Securities Exchange (NSE). He is currently the Chairman of the Association of Pensions Administrators of Kenya (APAK). A Visionary leader, Mr. Kili was awarded the Presidential Order of Grand Warrior of Kenya in December 2011 and the 2nd Runners up CEO of the Year at the COYA Awards 2012.
He was also recognized as the Personality of the Year at the 2017 Pension Awards that sought to award excellence in innovation and service provision to improve the outcomes of both pension funds as well as members. Mr. Kili was also recognized as the 2 nd  Runners up in the ‘CEO of the Year’ category during the 2017 Champions of Governance Awards.

Joseph Rono

Joseph Rono is a Finance and Investments professional with over 16 years’ experience in private and public sector within the East African region. His key areas of expertise include Strategy, finance and Investments with a special interest in ICT, Strategy formulation and implementation. 

Mr. Rono is a recipient of numerous awards including “Chief Investment Officer of the Year” Award at the 2017 Pension Awards. He is a Certified Public Accountant (CPA K) and holds a BSc. Mathematics and Computer from Jomo Kenyatta University of Agriculture & Technology (JKUAT) and an MBA in Finance from the University of Nairobi. 

Mr. Rono was the recipient of the “Manager of the Year” award at the 2019 Company of the Year Awards.



Our Management Team

Hosea Kili, OGW

An advocate of the High Court of Kenya, Mr. Hosea Kili is the Group Managing Director/CEO of CPF Financial Services and a Trustee of the Local Authorities Pension Trust. He holds a Master of Business Administration from the Management College of South Africa.He is a Fellow
Member of the Institute of Certified Public Secretaries of Kenya (ICPSK); a Fellow and Council Member of Kenya Institute of Management (KIM); an active member of the Law Society of Kenya (LSK) and a Member of the Chartered Institute of Arbitrators (Kenya Branch).
He also serves as a Council member of the East and Central Africa Social Security Association (ECASSA) and a Non-Executive Director at the Nairobi Securities Exchange (NSE). He is currently the Chairman of the Association of Pensions Administrators of Kenya (APAK). A Visionary leader, Mr. Kili was awarded the Presidential Order of Grand Warrior of Kenya in December 2011 and the 2nd Runners up CEO of the Year at the COYA Awards 2012.
He was also recognized as the Personality of the Year at the 2017 Pension Awards that sought to award excellence in innovation and service provision to improve the outcomes of both pension funds as well as members. Mr. Kili was also recognized as the 2 nd  Runners up in the ‘CEO of the Year’ category during the 2017 Champions of Governance Awards.

Joseph Rono

Joseph Rono is a Finance and Investments professional with over 16 years’ experience in private and public sector within the East African region. His key areas of expertise include Strategy, finance and Investments with a special interest in ICT, Strategy formulation and implementation. 

Mr. Rono is a recipient of numerous awards including “Chief Investment Officer of the Year” Award at the 2017 Pension Awards. He is a Certified Public Accountant (CPA K) and holds a BSc. Mathematics and Computer from Jomo Kenyatta University of Agriculture & Technology (JKUAT) and an MBA in Finance from the University of Nairobi. 

Mr. Rono was the recipient of the “Manager of the Year” award at the 2019 Company of the Year Awards.



George Okioma

George is a Senior Pensions Professional with over 15 years’ experience in the establishment, management, and administration of Pension Schemes in Kenya and in the Africa region. George has gained considerable experience in pensions particularly in projects involving diagnostic reviews, developing pension policies, developing strategic restructuring plans, remuneration setting and administration and implementation of key pension policies.

He is Member of the Institute of Actuaries (UK) and holds a BSc. Degree in Mathematics & Computer Science from the Jomo Kenyatta University of Agriculture & Technology (JKUAT) and an MSc in Actuarial Science from the University of Nairobi.



Isaac Mitei

Mr. Mitei is currently the Group Company Secretary and Head of Legal with CPF Financial Services. An Advocate of the High Court of Kenya, Isaac Mitei has over 12 years’ experience in the Legal field. He holds an Honors Law Degree from Moi University and a Diploma in Law from the Kenya School of Law.

Isaac is a member of the Law Society of Kenya (LSK) and the Institute of Certified Secretaries of Kenya (ICPSK).

Irene Mbonge

Irene is a Chartered Public Relations practitioner with 10 years’ experience in Corporate Communication and Public Affairs. She holds an MBA in Marketing from the University of Nairobi and a postgraduate diploma in Public Relations from the Chartered Institute of Public Relations (UK). Irene is a full member of the Public Relation Society of Kenya (PRSK), a Standing Committee member of the East and Central Africa Social Security Association (ECASSA), and serves as a Board member at the ECASSA Institute of Social Protection (EISP).

Cornelius Ndumai

Mr. Ndumai has over 15 years’ experience in Governance, Risk & Controls.

A Certified Public Accountant of Kenya, Cornelius holds a MBA in Finance and a Bachelor of Arts degree (Accounting) both from the University of Nairobi.

He is an active member of the Institute of Certified Public Accountants of Kenya (ICPAK), the Institute of Internal Auditors of Kenya(IIAK) and the Information Systems Audit & Control Association (ISACA).

Mr. Ndumai is also a Certified Pension Trustee.

Sospeter Thiga

Sospeter holds an MBA in Strategic Management and a BA. Economics & Sociology from the University of Nairobi. He is a Certified Public Accountant of Kenya CPA (K), a certified Risk Analyst (CRA), a certified Information System Auditor (CISA) and a Certified Change Management Practitioner (Prosci). Sospeter is a member of the Institute of Certified Public Accountants of Kenya (ICPAK).  Sospeter’s Risk experience spans over 12 years in Consultancy, Banking, Government and Pension.

Lucy Mandago

Lucy holds an MBA in Human Resource Management from the University of Nairobi, a Bachelor of Arts Degree (Sociology & Economics Option) from Catholic University of Eastern Africa and a Higher National Diploma in Human Resource Management from the Institute of Human Resource Management (IHRM). She has over 13 years of comprehensive Human Resource Management experience and Administration. She is a full member of the Institute of Human Resource Management (IHRM) and a Full Member of Kenya Institute of Management (KIM).



Antony Mutisya

Antony has over 10 years’ experience in valuation, investment appraisal, project management, feasibility studies, and corporate real estate services. Prior to joining Laser Property Services, he was the Regional Head of Property at Jubilee Insurance where he was responsible for providing strategic leadership in the investment, development, divestment, and management of properties within the Jubilee Insurance Group in Kenya, Uganda, Tanzania, Burundi, and Mauritius.Antony holds a first-class honours degree in Land Economics, and a master’s degree in Valuation and Property Management both from the University of Nairobi. He also holds a diploma in Business Management from the Association of Business Executives (UK) and a certification in entrepreneurship in emerging economies from Harvard University. He has also done an executive programme in circular economy and sustainability strategies at Cambridge Judge Business School.

Tony Olang

Mr. Tony Olang, in a career spanning over 19 years in financial services, ICT and renewable energy sector has contributed significantly towards the adoption of technology for business processes in the region and more so for the CPF Group.

He holds an MSc in information System Security from the Universidad Empresarial de Costa Rica, a Postgraduate Diploma in Information Systems Security from the Cambridge Association of Managers as well as a BSc. in Computing from the University of Portsmouth. Mr. Olang was appointed at CPF Financial Services on 2/05/2014.



Jonathan Marucha

Mr. Marucha holds an MBA in Strategic Management, Bachelor of Commerce (Insurance), a Diploma in Insurance from the Chartered Insurance Institute (CII) and a Certificate in Life Assurance from LIC India. He is a trained director by the Center for Corporate Governance; a member of the Insurance Institute of Kenya (IIK) and a Board Member of the Insurance Brokers of Kenya (A.I.B.K). Jonathan is a multi-skilled insurance professional with over 14 years’ experience in business development, portfolio management, claims management, insurance regulatory compliance, risk assessment and valuation.

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