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Tom Mulwa the New NSE Board Chairman

The Nairobi Securities Exchange (NSE) has appointed veteran insurance executive Tom Mulwa as its new Board Chairman, marking a leadership transition at Kenya’s main capital markets platform.
Mulwa will officially assume office on July 13, 2026, taking over from Kiprono Kittony, who is set to retire on July 12 after serving as chairman for six years.
The Exchange said the leadership change follows the conclusion of Kittony’s term and a routine review of the board’s composition aimed at strengthening governance and long-term market oversight.
Mulwa joins the top leadership at a time when the NSE is pushing to deepen market activity, attract new listings, and increase participation from retail and institutional investors.
He brings more than three decades of experience in financial services, insurance, and investment advisory. He currently serves as Chief Executive Officer of Liaison Group and has been a member of the NSE Board since September 2025.
His appointment is expected to support the Exchange’s ongoing 2025–2029 strategy, which focuses on expanding investment opportunities and strengthening Kenya’s position in regional capital markets.
Kittony leaves the Exchange after overseeing key developments, including efforts to revive listings and improve market participation during his tenure.

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