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RBA confirms Nzomo Mutuku as CEO

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Nzomo Mutuku: Confirmed as chief executive officer for pensions regulator.

The board of the Retirement Benefits Authority (RBA) has formally appointed Nzomo Mutuku as its chief executive officer after a year performing the role in an acting capacity.

His confirmation comes after an open recruitment process during which ten qualified candidates were interviewed for the post, with Mr Mutuku emerging the highest ranked.

“RBA board of directors express their confidence that Mr Mutuku will be able to deliver on the authority’s core mandate and in particular drive the organisation’s key strategic themes,” said board chairman Victor Pratt in a statement Thursday.

The pensions regulator in December invited candidates to apply for the top job after former CEO Edward Odundo left in March 2017.

He had served at the helm of RBA for 16 years.

Mr Mutuku previously worked at the National Treasury as the acting director of financial and sectorial affairs where he was charged with the financial sector’s development and sectoral issues.

Before that, he worked at the RBA for 12 years as the chief manager of research and development as well as a stint at the Central Bank of Kenya (CBK).

The State body oversees operations of Kenya’s close to Ksh1 trillion in pensions.

READ: INSIDE STORY – BOARDROOM FALLOUT AT KNCCI

Business Daily is Kenya's only daily business newspaper published by the Nation Media Group. The newspaper, launched in March 2007, is published from Monday to Friday, with the Friday edition circulating over the weekend. It is based at the Nation Centre in Nairobi.

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