Kenyan appointed to head key IMF unit

A Kenyan has been appointed as Director of the International Monetary Fund (IMF)’s Office of Internal Audit and Inspection (OIA).

The appointment of Nancy Asiko Onyango was revealed Monday by IMF Managing Director Christine Lagarde. The OIA conducts independent examinations of the IMF’s internal control and governance processes.

Ms Onyango will succeed Clare Brady, who left the IMF earlier this Fall. Her appointment will take effect in February 2018.

“Ms Onyango brings to the Fund more than 25 years of experience in internal audit, strategic risk management, corporate governance, and IT risk management,” Ms. Lagarde said. “In addition to her extensive assurance and corporate governance experience, Nancy is passionate about empowering women and girls, notably in harnessing their leadership potential. She is a Global Give Back Circle mentor to girls from disadvantaged backgrounds.”

“I have full confidence that the OIA will continue to thrive under Nancy’s leadership,” Ms. Lagarde said.

Ms Onyango, a KCB Group PLC board director, has significant international, continental and regional experience gained in the United Kingdom, Europe, and Africa. She has worked across several industry sectors, including financial services, and with several governments, development agencies, and non-governmental organisations. Most recently, she was the CEO at Reliance Risk Advisory Solutions based in Kenya. Before that she was a Partner at PricewaterhouseCoopers, Kenya.

She is an Independent Consultant in the areas of Enterprise Risk Management Framework Development, implementation and review, IT Audit, Quality Assurance, Controls Design & Implementation, Internal Audit Advisory, Planning, Execution & Reporting, IA Automation, QA Reviews, Corporate Governance, Controls & Compliance Reviews, Business Strategy, Organizational Change, Gender Leadership reviews and assessment; Diversity and Inclusive Leadership. She is also a COBIT5 Implementer and Reviewer.

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She holds a doctorate degree in Business Administration from the United States International University—Africa in Nairobi in conjunction with the Columbia Business School, specialising in gender leadership and organisational change management.

She is also a holder of Bachelor of Commerce degree (1^st Class Honours), Master in Business Administration Management Information Systems, Certified Public Accountant of Kenya (CPA), Certified Information Systems Auditor (CISA), Certified Corporate Governance in Enterprise IT (CGEIT) and Certified in Risk and Information Systems Control (CRISC).