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Board of Directors

Directors' Profiles

Hon. Charles Muriuki Njagagua - Chairman of the Board

Hon. Charles Muriuki Njagagua was appointed as the Chairman of the Board of Directors for Consolidated Bank on 10th February 2023.

He is an experienced Advocate and Legal Practitioner with over 25 years’ experience. Hon. Njagagua’s leadership skills are demonstrated by his position as the Managing Director of Muriuki Njagagua & Company Advocates.

He served as a Member of the National Assembly for two terms, where he chaired various committees including Parliamentary Caucuses.

Hon. Njagagua is a Certified Public Secretary and a Member of the Institute of Certified Secretaries (ICS).

He is pursuing a Masters of Law (LLM) Degree from the University of Nairobi. He holds a post graduate Diploma in Law from the Kenya School of Law and a Bachelor of Law (LLB, Hons) Degree from the University of Nairobi.

Sam Muturi – Chief Executive Officer

Sam Muturi joined Consolidated Bank as the Chief Executive Officer on 11th October 2022.

He joins the Bank from Kenya Commercial Bank where he was the Director, Mortgage Business. He has over 25 years’ working experience in Banking primarily obtained at Kenya Commercial Bank, where he worked in various positions within the Bank and gained valuable experience in Leadership & Supervision, Credit Analysis & Management, Policy and Compliance, Risk Management, Strategic Management and Customer/Relationship Management. He has immense knowledge and skills in growing a Bank’s Corporate/MSME/Retail/Personal Banking, Diaspora/Money Transfer Business, Retail & Commercial Mortgage Business, Project Management and Mortgage business.

He holds a Masters of Business Administration Degree from the University of Nairobi and a Bachelors of Art Degree in Economics and Business Studies from Kenyatta University. He also holds a Practitioner Diploma in Executive Coaching from the Academy of Executive Coaching (United Kingdom) and has had training on Mastering Emotional Intelligence, High Performance Coaching and Practical Project Management Principles, Inside MasterCard Operations and Visa Europe Training on Business Management amongst others.

Prof. Njuguna Ndung’u – Cabinet Secretary, The National Treasury - Institutional Director

Prof. Njuguna Ndung’u is the Cabinet Secretary, National Treasury & Economic Planning. He was appointed Cabinet Secretary by President William Samoei Ruto on September 27, 2022. Prior to the current appointment, Prof. Ndung’u was serving as the Executive Director of the African Economic Research Consortium (AERC), a Pan African premier capacity building network of researchers, trainers, students, universities, policy makers and international resource persons. He is an associate professor of economics at the University of Nairobi, Kenya and the immediate former Governor, Central Bank of Kenya.

Prof. Ndung’u has been a member of the Global Advisory Council of the World Economic Forum, Visiting Fellow of Practice at Blavatnik School of Government, Oxford University, Director of Training at AERC, Program specialist at IDRC and Team Leader in Macro-modelling at the Kenya Institute for Public Policy Research and Analysis. He holds a PhD in economics from University of Gothenburg, Sweden. He is a Member of Brookings Africa Growth Initiative, Member of the Advisory Committee of the Alliance for Financial Inclusion that coordinates financial inclusion policies in Africa, Asia and Latin America, and Senior Advisor for the UNCDF-based Better Than Cash Alliance.

Mr. David Koross – Managing Trustee/CEO – NSSF, Institutional Director

Mr. Koross is the Managing Trustee/CEO of the National Social Security Fund.

He has a wealth of experience in Marketing, Financial/Investment Management and Reporting, Customer Management, Pension Scheme Regulation and Administration.

He holds a Master’s Degree in Public Policy Management from Strathmore Business School and a Bachelor of Arts Degree in Economics from the University of Nairobi.

He previously served as the Chief Executive Officer of Lapfund and as a Director of the NG-CDF Board.

Dr. Tom Kahigu, FKIB - Board Member

MDr. Tom Kahigu was appointed to the Board of Consolidated Bank on 8th December 2023.

He has a wealth of experience in the financial services sector which spans over 28 years. He has been instrumental in the implementation of innovative industry wide projects in the Banking Sector. He has served in various steering committees, chaired technical committees and served as a project resource in Central Bank of Kenya/Kenya Bankers Association initiatives.

Dr. Tom is a member of various Boards and the founder and current board member at Abiri Solutions Limited.

He holds various professional training and accreditation certifications and as a result of his exemplary performance, he is a recipient of a number of awards.

He holds a Doctorate Degree in Strategic Management from USIU-Africa, a Master in Business Administration Degree from the University of Nairobi, a post graduate Diploma in Computer Science from the University of Nairobi, and a Bachelor of Arts Degree in Economics (2nd Class - Upper Division) from the University of Nairobi.

Hon. Kenneth Gatheru Gatiithi - Board Member

Hon. Kenneth Gatheru Gatiithi was appointed to the Board of Consolidated Bank on 8th December 2023.

He served as a Member of County Assembly Mukurwe-ini Central ward for 5 years where he chaired the Water and Natural Resources Committee.

He has over 10 years in Business Operations, Project Management, Donor Relationships and Community Development.

He holds a Bachelor Degree in Business Administration from Swiss Management Academy; a Diploma in Public Relations and a Diploma in Community Development both from the Nairobi Institute of Business Studies.

Mr. Timothy Kotoine Tiampati - Board Member

Timothy Kotoine Timapati was appointed to the Board of Consolidated Bank on 8th December 2023.

Mr Tiamapati is a Kenyan with over thirty (34) years of experience in the financial sector and has served on various boards of both private and public entities. He possesses vast experience in Investment Management, Credit, Financial Management and Risk Management. He has also developed pertinent skills in Stakeholder Management, Stakeholder Relations and Corporate Governance.

He holds a Master of Science in Economics Degree from Odessa Institute of National Economics.

Mr. Tiampati has also attended numerous professional courses under the auspice of the Association of Africa Development Finance Institutions (AADFI).