Executive Committee

Mr. Nkoregamba Mwebesa is the Chief Executive of CDSC.

He joined the CDSC in February 2020.

He has more than 25 years of experience as a strategic and purpose-driven corporate leader in the Financial Services Sector in the East Africa Region. His expertise spans Banking, Wealth and Investment Management, Investment Banking, Capital Markets and Securities Trading. Nkoregamba holds an Executive MBA (2007) from the Maastricht/ESAMI programme and a BA in Economics and Philosophy from the University of Nairobi (1990).

Following his appointment, Nkoregamba led the refresh of the strategic direction for the CDSC.

There were 4 key outcomes and or deliverables of the new strategic direction.

• The first was to refocus the Company on the investors and the issuers as the key customers and users of the CSD’s Platforms, Products and Services.
• The second was focusing the Corporation on three key strategic drivers, namely Technology, Distribution and Human Capital.
• The third was a complete review of functional processes to rationalize the cost base to ensure better use of resources and to leverage off the technological investments made over the years.
• Lastly, CDSC needed to implement a new organizational structure to reflect the new approach and focus.

Prior to joining CDSC, Nkoregamba served as Managing Director of Stanlib Kenya Limited (STANLIB), a wholly owned subsidiary of Liberty Holdings where he led the strategic turnaround of the business in preparation for a landmark M&A transaction.

Preceding his tenure at STANLIB, Nkoregamba served as the Chief Executive of SBG Securities Limited (SBGS), a member of the Nairobi, Uganda and Rwandan Securities Exchanges and a wholly owned subsidiary of the Stanbic Holdings Plc. During his term, SBGS routinely ranked as the top broker on the three regional Exchanges. He was also a key member of numerous landmark transactions in the Regional Capital Markets. These included the Stanlib Fahari I-Reit Initial Public Offer on the Nairobi Securities Exchange (2015), the Tanzania Breweries Limited’s Secondary Public Offer on the Dar es Salaam Securities Exchange (2011), the Kenya Airways Rights Issue on the Nairobi, Uganda and Dar-es-Salaam Exchanges (2011/2012) and the UMEME Initial Public Offer on the Uganda Securities Exchange (2012-2013).

Nkoregamba also served as the Chief Executive Officer of the Nairobi Securities Exchange from 2005 to 2008 and was instrumental in the implementation of the Automated Trading System (ATS) that contributed to the largest trading expansion in the history of the bourse. He also oversaw 12 new equity listings and numerous debt listings during this period. This included the high-profile listings of KENGEN and SAFARICOM.

Nkoregamba is an Executive Director of the CDSC Board.

Jesse is the General Manager, Business Support Services.

He is responsible for providing technical and professional leadership in the planning, development, execution, and evaluation of CDSC’s financial policies and systems, aimed at ensuring prudent management and control of financial resources. In addition, oversees the effective implementation of the CDSC administration function, procurements, human capital management, and any other corporate support services.

Jesse is the Chief Financial Officer of the business with over 19 years of experience in financial reporting, business turnarounds & growth strategies, valuations & capital raising, restructuring, merger & acquisitions processes, budgetary controls & financial planning, investment & treasury management, tax planning & audits among others.

He holds a Master in Business Administration (MBA) in Finance and a Bachelor of Business Management (Finance & Banking). He is a Certified Public Accountant and a member of the Institute of Certified Public Accountants of Kenya (ICPAK).

Mumo heads the Strategy, Commercial and Technology Division at CDSC.

As the Head of the Division, Mumo provides vision, leadership, and oversight in; the formulation and execution of Strategy, Business Development, Branding and Marketing, Investor Education, Market research, and Project management. In addition to this, Mumo drives the organization’s innovation process towards the roll-out of innovative and responsive solutions for the organization and the market at large. He is also responsible for seeking out and establishing strategic partnerships to position the CDSC’s products and services for success.

Mumo is a seasoned business leader with over 13 years of professional experience. He joined the CDSC in 2013 as an ICT Support Officer and rose to the position of Manager of ICT Services in June 2016, a role he excelled at culminating in his appointment as Head of the Strategy and Commercial Division in October 2021. Over the last 9 years, Mumo has been instrumental in the success of ground-breaking initiatives such as; the digitization of share certificates, the M-Akiba retail Government Bond, the upgrade of the Central Depository System, the implementation of CBK settlement for Capital Markets transactions, the CDSC’s CPMI-IOSCO assessment and certification, as well as the implementation of SD-WAN connectivity for market participants. He has also been instrumental in the formulation of the organization’s Blockchain strategy as well as extensive Digital transformation in the CDSC’s adoption of cloud computing, virtualization, and Information Security technology enhancements.

Mumo holds a Master of Business Administration from the University of Suffolk (UK) and a Bachelor of Science Degree in Computer Engineering from Kenyatta University (2009). Mumo also holds various professional certifications including; Corporate Finance (Columbia Business School), Executive Leadership (Babson College), Project management (PRINCE2), Service delivery and Customer service certification (ITIL), ICT Governance and Strategy (CISA and COBIT 5), IT infrastructure management (CCNP, MCITP, and VCP) and he is a member of ISACA (Local and international chapters).

Mumo also serves as a Board member of the NSE & CDSC Staff Provident Fund and has previously served CDSC as a member of the Operational, Safety, and Health Committee.

Vivianne heads the Legal & Regulatory Affairs Division at CDSC.

She Joined CDSC in December 2022.

Vivianne provides oversight and leadership on legal matters to CDSC, ensuring compliance with legal and regulatory requirements. She spearheads policy formulation and is charged with coordinating and championing legal and governance strategies for the Company.

She is a seasoned legal practitioner with a combined 15 years of experience in leadership and governance, conflict resolution, executive management, process improvement, litigation, legal research, legal risk management, policy development and compliance in different capacities.

Vivianne holds a Master of Public Policy and Management from Strathmore University and a Bachelor of Laws Degree (LL.B),. She has a Post Graduate Diploma in Law from the Kenya School of Law and is an Advocate of the High Court of Kenya. She is also a Certified Public Secretary, CPS (K).

She holds several certifications in Corporate Governance, Data protection, Enterprise Risk Management, Legal Compliance, Leadership Strategy and Management, Environmental Social Governance and Mediation.

Vivianne also serves as the CDSC Group Company Secretary.

Francis heads the Risk Management and Compliance functions at CDSC.

Francis holds a Bachelor of Commerce Degree (Finance) from Kenyatta University. He is a Certified Public Accountant, a Certified Information Systems Auditor, a member of the Association of Certified Fraud Examiners and the CFA Institute.

Francis has previously served in various capacities as both an external and internal auditor and has over 12 years of experience in audit, risk, and compliance.

Mary heads the Client & Intermediary Services Division at CDSC which is charged with the safe custody of securities in CDS and management of the daily electronic clearing, delivery, and settlement processes.

She holds a Master of Business Administration (Strategic Management) from the University of Nairobi and a Bachelor of Commerce Degree from Kenyatta University.

She has a professional qualification in Associateship (Advanced Diploma) in Banking & Financial Services (AKIB) from the Kenya Institute of Bankers and has over 10 years of operations experience at CDSC.

Edna oversees Internal Audit at CDSC. She has over 11 years of experience having worked in several organizations which include Hotpoint Appliance Limited, Avenue Healthcare and Gertrude’s Children’s Hospital.

Ednah holds a Bachelor of Commerce Degree in Finance from the KCA University, is a Certified Information System Auditor (CISA) and a Certified Public Accountant (CPAK). She is a member of the Institute of Internal Auditors (IIA) and the Institute of Certified Public Accountants of Kenya (ICPAK).

She is currently pursuing a Master’s in Business Administration for Project Management at Kenyatta University.