Victor Elvis Mugambi
The Nairobi Securities Exchange has announced the appointment of Tom Mulwa as its new Board Chairman, effective July 13, 2026. This leadership change marks a significant moment for the exchange as it continues to strengthen its governance and strategic direction.
Leadership transition at the Nairobi Securities Exchange
Mulwa's appointment follows the retirement of Kiprono Kittony, EBS, who served as chairman since July 2020. Kittony, a seasoned leader, recently stepped down to take on the role of chairman at Kenya Airways, having served on the NSE board since May 2018. His departure concludes a pivotal period of growth and strategic initiatives at the Nairobi Securities Exchange.
Tom Mulwa's profile includes his role as CEO of Liaison Group, a non-banking financial services firm with operations across multiple African countries, including Uganda, Tanzania, Rwanda, and South Sudan. Mulwa joined the NSE Board in September 2025 as an Independent Non-Executive Director, bringing extensive experience in financial services and corporate leadership.
With his appointment, Mulwa is expected to leverage his broad industry experience to guide the NSE through upcoming opportunities and challenges. His leadership is seen as pivotal in driving the exchange's growth strategy amid a rapidly evolving financial landscape.
The Nairobi Securities Exchange continues to be a critical hub for capital markets in Kenya and the region, and Mulwa's appointment is anticipated to enhance its strategic focus and operational resilience. Stakeholders and investors will be watching closely as he assumes his new role, aiming to strengthen the exchange's position and foster sustainable growth.
