KENYA – The Kenya Association of Manufacturers (KAM) Board has appointed Mr Tobias Alando as the Acting Chief Executive Officer following Ms Phyllis Wakiaga’s exit on 30th June 2022.
Tobias joined the Kenya Association of Manufacturers in 2005 and was appointed the Head of Membership and Governance in 2010.
He has played a strategic role in expanding KAM’s membership base and leading the development and execution of strategies on membership growth and retention, business planning and development, and governance.
The Association noted that the board is hopeful of making a full-time appointment for the post in the coming weeks.
“Our focus remains on efficient service delivery to our members and advocating for an enabling environment for a competitive manufacturing sector,” it said.
This comes a week after KAM signed an MoU with Nairobi International Financial Centre (NIFC) to help increase financing and investment in the manufacturing sector in Kenya.
The partnership is a testament to businesses that the NIFC is focused on attracting more private capital to support the local financing needs and those in the region.
The Centre aims to create opportunities to mobilize domestic and international savings and investments. It also looks to deepen employment in the financial services sector and related sectors.
NIFC will seek to attract local companies that fit the participation criteria and create an environment that encourages proactive collaboration between local and international players.
To support Kenya’s growing fintech industry, The NIFC is committed to supporting and strengthening the Fintech Ecosystem and enabling innovative firms to establish and scale-up.
In collaboration with the CityUK, and stakeholders from both Kenya and the UK, NIFC, has developed a diagnostic report on Kenya’s fintech policy and regulatory environment, and on funding mechanisms.
The center has also developed tools that would be useful for fintechs looking to scale their operations. This is just the beginning of the transformative and strategic action the NIFC is set to bring about.
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