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Kibuga Kinyua Kariithi

Chief Executive
Nairobi Stock Exchange
Nairobi, Kenya
Kibuga Kinyua Kariithi
Chief Executive
Nairobi Stock Exchange
Nairobi, Kenya
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1. What does it mean to you to have been selected as a "Global Leader for Tomorrow"?

This new role as a member of such an influential organisation, will give me the opportunity to network with organisations and individuals that can assist in Kenya and Africa to achieve my lifelong ambition; ie lifting the masses of Kenyans and Africans out of the grinding poverty that characterises their daily lives

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2. You have been selected by the World Economic Forum for what you have already done in your life, "holding positions of considerable power, influence and responsability". What are the 3-5 things you are most proud of?

As Chief Executive of the Nairobi Stock Exchange, I am project manager for the implementation of a new Central Settlement Depository and Registry for the Kenyan Securities market and the subsequent automation of the trading facility to meet the G 30 standards for securities exchanges worldwide. This will be the precursor to an East African Securities Exchange, the second regional exchange with over US$ 3 billion worth of securities listed

As a member of the Board of Trustees of the Mathare Youth Sports Association (MYSA) - which is the largest self help youth sports and community service organization in Africa, based in one of Africa's largest and poorest slums, I am honored to have the opportunity to contribute to the numerous activities and programmes that MYSA organizes and in so doing reaching out to the over 14,000 under privileged children through linking sports, community leadership and sustainable development in Africa.

The Jamii Bora Trust is based on the philosophy - help a mother to get out of her street life and establish herself in a small business, and she will be able to take care of her own children. Through Jamii Bora her children can leave their lives in the streets, go to school and eat enough everyday. And most importantly, mother and children can live together as a family. The Jamii Bora Trust also has a boy's home in Kitengela - on the outskirts our capital city Nairobi, which reintegrates former street children with society by having the younger boys enrolled at local schools while the older ones are trained in various vocational skills. Essentially, we are offering them more than a roof over their heads, a meal and a bed; Jamii Bora Trust offers them a future. I am indeed distinguished to sit on the board of trustees of the Jamii Bora Trust.

3. The World Economic Forum is "committed to improving improve the state of the world". You will participate in shaping tomorrow's world. What impact would you like to have?

I intend to use this position to access new knowledge and capital for my country and its people

4. The World Economic Forum is also a forum to discuss the present state of the world economy. What is the analysis you would give?

Currently, economic discussion in the developed world centers on issues that are largely irrelevant to Africa. While the rest of the world, although currently in a recession, celebrates almost 50 years of peace and increasing prosperity, Africa is mired in war and poverty

A different kind of discussion that recognizes this disparity needs to take place and the fact that this situation is an indictment on mankind

We need to find real solutions to these problems and the political will to implement them so that we march on to a future filled with hope for an emergent generation of Africans, that have refused to believe in the picture of despair, carnage and war painted by those who can only believe in the past.

We seek a world in which everyone cares enough and everyone shares enough, so that everyone will have enough.
Kibuga Kinyua Kariithi
Chief Executive
Nairobi Stock Exchange
Nairobi, Kenya

Nationality: Kenya

Born: 1963

Personal Profile: Since 1999 he is the Chief Executive of the Nairobi Stock Exchange, which is the leading market in East and Central Africa. The stock exchange manages the trading and settlement functions of the stock. During his career in Barclays, he attended various courses, primary to improve his knowledge in lending products and corporate finance, including an advanced treasury management course in the UK, the introduction to Capital Markets course run by Euromoney and the Advanced Stockbrokers course run by the Capital Markets Authority (CMA). He has a BBA and an MBA from York University, Toronto. He is fluent in Swahili and English

Dieser Artikel ist erschienen am 31.01.2002