91-day T-bill8.750%â–˛ 0.002
182-day T-bill8.851%â–Ľ 0.008
364-day T-bill9.029%â–˛ 0.002
Central Bank Rate8.75%07/10/2026
Inflation7.3%October 2026
Top MMF yield10.50%Madison
Sources: CBK auction, 2 Nov 2026 value date (change vs 26 Oct); CBK key rates; fund managers' published yields, as at 11 Nov 2026.

NSE CEO 2026: Frank Mwiti’s profile, board and top team

NSE CEO Frank Mwiti has led the Nairobi Securities Exchange since 2 May 2024. His background, the 10-member board, the management team and his remit.

NSE CEO 2026: Frank Mwiti's profile, board and top team

Updated 10 November 2026

The NSE CEO is Frank Mwiti, who took charge of the Nairobi Securities Exchange PLC on 2 May 2024, after the tenure of his predecessor Geoffrey Odundo ended. Mwiti, a lawyer by training and a former EY partner, now runs Kenya’s main securities exchange alongside a 10-member board chaired by Tom Mulwa. This profile covers who he is, who sits on the NSE board, the management team below him, and what the job involves for investors.

Updated November 2026. Names and roles are taken from the NSE Directors and Executive Committee page and the appointment date from the NSE Our Story timeline, both checked on 10 November 2026.

In this guide
  1. Who is the NSE CEO in 2026?
  2. Frank Mwiti's background before the NSE
  3. The NSE board of directors
  4. The management team that reports to the NSE CEO
  5. What the NSE CEO's job involves
  6. How the NSE CEO compares with other top jobs
  7. Frequently asked questions

Who is the NSE CEO in 2026?

Frank Mwiti is the Chief Executive Officer of the Nairobi Securities Exchange PLC. The NSE’s own timeline records that, “following the completion of Mr. Odundo’s tenure”, the board announced Mwiti as the new chief executive on 2 May 2024. Because the NSE is itself a listed company (it demutualised and self-listed in 2014), its CEO answers both to a board and to public shareholders and it operates under the oversight of the Capital Markets Authority.

Item Detail
Current NSE CEO Frank Mwiti
In office since 2 May 2024
Predecessor Geoffrey Odundo
Board chairman Tom Mulwa
Vice chairman Donald Wangunyu (representing trading participants)
Regulator Capital Markets Authority (CMA)

Frank Mwiti’s background before the NSE

According to the NSE’s leadership page, Mwiti has more than two decades of experience in strategy, governance, business development, corporate finance, mergers and acquisitions, investment banking and risk management. The key points of his career are:

  • EY: Partner and Eastern Africa Markets Leader, leading strategy, M&A and business development across Kenya, Ethiopia, Uganda, Tanzania, Rwanda, Burundi, Somalia and South Sudan, immediately before joining the NSE.
  • London roles: senior executive positions at UBS Investment Bank, Deutsche Bank, EY and PwC.
  • Afrika Kapital (UK): founder, CEO and managing director of an advisory firm that worked with investment banks, private equity firms and hedge funds across forex, equities, fixed income, commodities and listed derivatives.
  • Education: a Bachelor of Laws (LL.B) from the University of Nairobi and an executive management qualification from MIT in the United States.
  • Professional body: member of the Institute of Certified Public Accountants of Kenya (ICPAK).

The mix matters for the exchange. An NSE CEO spends much of the job persuading companies to list, courting foreign and local investors, and negotiating new products with the regulator, so deal-making and international banking experience are directly relevant.

The NSE board of directors

The NSE CEO sits on the board as an executive director. The leadership page lists these directors:

Director Role on the NSE board
Tom Mulwa Chairman
Donald Wangunyu Vice chairman; non-executive director representing trading participants
Frank Mwiti Chief executive
Kiprono Kittony, EBS Non-executive director; immediate former chairman
Isis Nyong’o Madison Independent non-executive director
Stephen Chege Non-executive director representing listed companies
John Niepold Independent non-executive director
Carole Kariuki Independent non-executive director
Risper Alaro-Mukoto Non-executive director representing listed companies
Nancy Angano Noreh Non-executive director

Chairman Tom Mulwa is described by the NSE as a founding member and group managing director of Liaison Group, chairman of the Kenya National REITs Association and a member of the National Investment Council. Stephen Chege, one of the listed-company representatives, is Group Chief Corporate and External Affairs Officer at Safaricom PLC.

The management team that reports to the NSE CEO

The exchange’s management team, as published by the NSE, includes:

  • David Wainaina, Head of Trading, Data and Analytics
  • Titus Kiilu, Head of Regulatory Affairs
  • Anthony Muema, Head of Technology
  • Jane Kiarie, Head of Finance
  • Lucy Kamar, Head of Talent
  • Lilian Gichuru, Legal Manager
  • Austine Ogutu, Risk and Compliance Manager
  • Annette Musehenga, Internal Audit Manager
  • Gift Kori, Listings and Capital Raising
  • Jackson Kiminje, Business Development Leader for retail, SACCOs and chamas
  • Irungu Waggema, Business Development Leader for agriculture

The business development roles show where the NSE wants growth: more retail savers, SACCOs and chamas buying listed securities, and agriculture-linked products. If you want to start investing yourself, our guide on how to buy shares on the NSE walks through brokers and apps, and you will need a CDS account first.

What the NSE CEO’s job involves

  1. Listings: bringing new companies, REITs, exchange traded funds and bonds to the market.
  2. Market products: running the equities, fixed income and derivatives markets, the SME segment and the unquoted securities platform.
  3. Technology and data: overseeing trading systems, market data sales and mobile and online trading through licensed brokers.
  4. Investor education: NSE programmes and training for retail investors, SACCOs and chamas.
  5. Running a listed company: the NSE reports results, pays dividends and holds an AGM, so the CEO also answers to shareholders.

The NSE has published a strategy for 2025 to 2029 on its investor relations pages, which sets the targets the board will use to judge the CEO’s performance.

How the NSE CEO compares with other top jobs

For a wider view of leadership changes across Kenyan companies this year, see our new CEOs in Kenya tracker. For what bosses at listed firms are paid, read CEO salaries in Kenya, and for another recent profile, the Kenya Airways CEO. Our People in Kenyan business hub collects all of them.

Frequently asked questions

Who is the current NSE CEO?

Frank Mwiti is the current chief executive of the Nairobi Securities Exchange PLC. The NSE records his appointment on 2 May 2024.

Who was the NSE CEO before Frank Mwiti?

Geoffrey Odundo. The NSE says Mwiti was appointed following the completion of Mr Odundo’s tenure.

Who is the chairman of the NSE?

Tom Mulwa is listed as chairman of the NSE board, with Donald Wangunyu as vice chairman representing trading participants. Kiprono Kittony, the immediate former chairman, remains a non-executive director.

What did Frank Mwiti do before joining the NSE?

He was a partner and Eastern Africa Markets Leader at EY, and earlier held senior roles at UBS Investment Bank, Deutsche Bank, EY and PwC in London. He also founded Afrika Kapital in the UK.

Is the NSE a listed company?

Yes. The Nairobi Securities Exchange demutualised and listed its own shares on the exchange in 2014, so it has public shareholders like any other listed company.

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About Author

Norah Waceke is a business journalist and editor at Business Radar with more than eight years of experience covering Kenya's economy, companies and markets. She previously worked at one of Kenya's leading digital news platforms, where she reported on business, finance and current affairs. A graduate of Multimedia University of Kenya, Norah focuses on clear, accurate reporting that helps readers understand the money stories shaping their lives and businesses.

More from Norah Waceke · Editorial policy

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