Global Institute of Governance & Sustainability (GIGS) CEO Mkombozi Karake considers himself more African than Rwandan, with a career that spans several sectors and includes a stint at the World Bank.

As nominations for the 2025 CFO Awards for East Africa stream in, ICPAR director of strategy and sustainability Julian Ingabire, ALN managing partner Daniel Ngumy,and Movit Products CCO Andrew Ssekamwa weigh on a trend that is poised to shape the future of finance, urging CFOs to leverage AI tools to remain competitive.

Stanbic Bank Tanzania has announced the appointment of Derick Lugemala as its new chief finance and value officer (CFVO).

RSwitch CFO Godfrey Nduwayezu’s career began with a last-minute decision to study accounting in high school. This change of heart led him to a leadership role at a fintech company that is keen to fully transform Rwanda into a cashless economy.

Safaricom CFO Dilip Pal, Spiro group CFO Wangeci Kanjama, and ZEP-RE CFO Rachael Gitonga spoke candidly about their triumphs and losses in 2024 and shared their hopes for the new year, during a panel discussion at the 2024 CFO East Africa Year End Summit.

For Jubilee Life Insurance Kenya CFO Catherine Ng’ang’a, success means making progress in her career and carrying people along with her as she does it.

Effective 1 January 2025, Miriam Kaggwa will assume the role of COO after nearly two years as the company’s CFO, while group finance director Sanjeev Panwar takes on the CFO role.

Maryanne Mwai has been appointed as the Africa head of finance at the Tony Blair Institute for Global Change. With a career spanning 16 years across manufacturing, audit, and business transformation in Sub-Saharan Africa, Maryanne brings to the role extensive expertise in strategic financial management, business process transformation, risk oversight and compliance.

During a roundtable discussion at the 2024 CFO East Africa Year End Summit, finance leaders reflected on the ups and downs that defined the year that was and charted the road ahead. The changing economic landscape and resulting regional dynamics took centre stage as attendees looked back on the events of the past year during a session hosted by media personality Julians Amboko.

EABL group CFO Risper Genga Ohaga and ICEA Lion General Insurance CFO Zipporah Mungai Chege recently participated in a multistakeholder committee to develop a roadmap for the adoption of the IFRS Sustainability Disclosure Standards in Kenya.

Asibat Mwambu has assumed the role of head of finance at real estate consultancy Knight Frank Uganda.

At the 2024 CFO East Africa Year-End Summit, Bayport Tanzania CFO Rehema Sanare, acting MTN Rwanda CFO Dunstan Stober, Rocket Health Uganda CFO Fiona Nuwamanya, and Mitchell Cotts Kenya finance and strategy director Michael Nzule shared their highs and lows for the year and discussed the opportunities and risks of digital disruption

For dfcu Bank CFO and executive director Kate Kabaingi Kiiza, success isn’t just about the numbers — it’s about the people. She offers a glimpse into the qualities and experiences that have made her one of the region's celebrated finance leaders.

As the curtains start to fall on 2024, more than 100 finance leaders from across East Africa gathered at Villa Rosa Kempinski in Nairobi for the exclusive 2024 CFO East Africa Year-End Summit. The highly-anticipated event, which took place on 28 November, was CFO East Africa’s seventh summit, all of which have been well-received by CFOs across Kenya, Tanzania, Rwanda, and Uganda since its launch in 2023.

Shereena Wilson has been appointed as the chief financial officer of East African Power (EAP). She joins the Kigali-based energy firm after 11 months as fractional CFO at Chiefly & Co, a collective of fractional C-level experts accelerating sustainability for companies.

Ever wondered which books top finance leaders draw life lessons from? Beiersdorf FD Funlola Pearce, M-Pesa Africa CFO Amr Atef, AAR group CFO Hosea Kiprop, and HEVA Fund FD Dr Karimi Ngeera talk about the books that have shifted their perspective on life.

In an ever-changing business landscape, CFOs play a key role in shaping a company’s future. EY Uganda managing partner Geoffrey Byamugisha therefore sees the firm’s decision to support the CFO community in East Africa as a commitment to shaping resilient economies.

Julian, who is the director of strategy and institutional sustainability at the Institute of Certified Public Accountants of Rwanda (ICPAR), urges CFOs to stay ahead of the curve by continuously seeking new knowledge and expanding their skill sets.

Tanzania’s NMB Bank recently partnered with the International Finance Corporation (IFC) and Mastercard to launch the 'Banking on Women Advisory Project', which aims to enhance its Jasiri Proposition to attract, retain, and grow women-led businesses in Tanzania. Under the Jasiri Proposition, NMB issued the first social bond, whose proceeds have financed more than 3,000 women. CFO East Africa caught up with NMB Bank CFO Juma Kimori, who spoke in detail about how the bank is expanding its initiatives to empower women-led businesses in Tanzania.

If Dr Rachael Gitonga were not the CFO of ZEP-RE (PTA Reinsurance Company), she would run a cafe with a bookshop inside it. She would spend her days running and working out at the gym in the morning, swimming in the afternoon, and taking walks in the evening. That is how much she loves working out.