Kenya Development Corporation’s new leadership has pledged to help drive the country’s growth in manufacturing, increase exports and attract Foreign Direct Investments.
KDC has announced the appointment of former Nambale MP Sakwa Bunyasi as chairman of the board.
Norah Ratemo has been appointed the director general of the corporation.
In a statement, KDC said Bunyasi brings a wealth of expertise and experience from both public and the private sector.
“I look forward to working closely with the board members and the dedicated team at the Corporation to ensure we achieve our objectives, and help the Country’s growth in manufacturing, increase exports and attract foreign direct investments,”he said.
The government in addition appointed new members to the board namely Faith Mwaura, Sigee Koech, Caroline Muigai and Benjamin Muketha.
They join Investments PS Abubakar Hassan, Michael Kahika, alternate director to Treasury CS and Judith Kerich.
Ratemo, the new director general, has over 15 years of experience in credit risk management, having formerly worked in various institutions including, Eco Bank Kenya, Sidian Bank, and the Tourism Finance Corporation.
She holds a master’s degree in business administration with finance option from JKUAT and a bachelor of commerce with an accounting option.
She is also a certified public accountant and a member of the Institute of Certified Public Accountants of Kenya (ICPAK) and the Institute of Certified Investment Financial Analysts (ICIFA).
“I take on this role with critical awareness of the challenges and opportunities that lie ahead. We have an opportunity to build a world class organisation that is fit for purpose to support the government on Bottom up Economic Transformation Agenda,” she said.
This is in partnership with various developmental partners and the parent ministry of Investment, Trade and Industry, and the KDC board.
