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9 November, 2016
Events

Cytonn Cash Management Solutions, Cytonn CMS, is an investment partnership for individual high net-worth investors and institutions seeking high yield. Cytonn CMS has employed Cytonn Investments as the Principal Partner in the partnership.  In a bid to enhance governance and in line with global standards, Cytonn CMS has established an Advisory Board to oversee the affairs of the Principal Partner. Investment partners of Cytonn CMS elected their Advisory Board members pursuant to the Partnership Agreement of Cytonn CMS.

Cytonn CMS board: Seated From L-R: (Naomi Kinyanjui and Shaka Kwach -Chairman of the advisory board) Standing from Left to Right: Mitesh Chavda, Dhiru Shah,  Doreen Onwong’a -Board Secretary, and Maurice Oduor- Investment Manager

At the Inaugural Advisory Board meeting, the members also elected the chair; Mr. Shaka Kwach as Chairman of the Advisory Board.

The newly elected Chairman of the Advisory Board, Mr. Shaka Kwach, speaking on behalf of the Board noted, “We are greatly humbled by the opportunity given to us, by our fellow partners, to serve. We are committed and look forward to providing robust governance, enhancing credibility and offering our expertise in ways that shall benefit not only ourselves but also our fellow partners. We commend Cytonn Investments for this step that is meant to bring transparency and is a first in the industry. We believe in what you are doing and that is why we are supporting you. We urge you to stay true and committed to your values.”

Inaugural Cytonn CMS board meeting

At hand to receive and welcome the new board members was the Cytonn Investments Management, led by the Managing Partner and CEO, Mr. Edwin H. Dande, Senior Partner and Chief Investment Officer, Elizabeth N. Nkukuu and Partner and Partner and Head of Legal, Patricia N. Wanjama.  Speaking on behalf of Cytonn Investments Management, Edwin noted; “As a company, good governance is at our core and having such an advisory board is a manifestation that we not only value our clients but also have their best interest.”

Cytonn CMS board being introduced to staff.

 

For the profile of Cytonn CMS Advisory Board Members, please see below;

 

Name of Cytonn CMS Advisory Board Member

Bio

1.

Mr. Shaka Philip John Kwach

45 years old: Shaka is the Head of Special Projects at Safaricom Limited. Shaka has over 20-years of experience in information technology and engineering. He has worked with brands such as Safaricom Limited at various capacities including Head of Service Assurance & Quality, Head of Enterprise Business Technical, Head of Access Network Planning & Support, Head of Core Network Operations, Head of Billing and Technical Support Department, Head of Operations and Maintenance Department, Head of Network Implementation Department, Roll-Out Manager, and Site Acquisition Supervisor. He has also worked with Brown & Root Construction, later renamed Howard Humphreys (K) and Otieno Odongo & Partners. He holds a PGDip. Information Technology in Property and Construction from University of Salford, Manchester, UK and a BSc. Civil Engineering from University of Nairobi, Kenya.


2.


Ms. Naomi Wanjiku Kinyanjui


35 years old: Naomi is an Independent Consultant in the growing Oil, Gas and Energy Sector in Kenya. Naomi has over 9-years of experience in operational supply chain roles spanning the Oil and Gas sector, consulting and non-profit, having worked in various companies in Kenya holding different positions. She has worked with brands such as Atlas Development & Support Services, Tullow BV Kenya, Weatherford Drilling, Geothermal Development Corporation (GDC) and PricewaterhouseCoopers. She holds a Master’s of Business Administration (MBA) Degree and a Bachelor’s of Science Degree (Information Systems & Technology) from the United States International University (USIU), Member of Congress for the Chartered Institute of Procurement & Supplies in the UK and a Board Member of Path to Womanhood Foundation in Nairobi.

3.


Mr. Anthony Maina Williams


43 years old: Anthony is the Head of Capital Planning at Qatar National Bank. Anthony has over 18-years of experience in the financial services sector ranging from enterprise corporate governance and management (risk, capital, liquidity, board composition, regulatory compliance). He has worked for brands such as Bank of America Merrill Lynch – London, Standard Chartered – London, Kleinwort Benson/(Commerzbank) – London, Lehman Brothers Investment Bank – London, UBS Investment Bank-London, GE Money – London, Barclays Bank – London, and Financial Services Authority. He holds a BSc (Hons) Economics and is a Fellow of Association of Chartered Accountant



4.



Mr. Mitesh Mahendra Chavda



30 years old: Mitesh is the Head of Finance at Vaghjiyani Enterprises Ltd. Mitesh has over 10-years of experience in accounting. He has worked with brands such Athi River Steel as Credit Controller, Abacus Group of companies as Financial Controller and Paramount Group as the Chief Accountant. He holds a BSc (Hons) in Applied Accounting from Oxford Brookes University and ACCA, from Oshwal College


5.


Mr. Dhirendra Somchand Shah


70 years old: Dhirendra is currently semi-retired. Dhirendra has vast years of experience in Finance and Accounting. He has worked for brands such as PricewaterhouseCoopers, Leyland Motor Corporation as Internal Auditor for East, Central and West Africa, Financial Director for Davies Motor Corporation Ltd, Sales Manager for Cooper Motor Corporation, Owned Chuma Sales Ltd, a steel business company, and Designs & Displays Ltd, a high-quality Furniture manufacturing company. He holds an MBIM, FISM.

 

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