Peter Oduori

Last updated

Peter Oduori
Bornc.1971 (age 5152)
Alma mater University of Nairobi
Occupation(s)Accountant, Businessman and Corporate Executive
Years active1991 – present
Known forLeadership & Business expertise
Title Managing Director and Chief Executive Officer at Housing Finance Company of Kenya

Peter Mugeni Oduori, (born c. 1971), commonly known as Peter Oduori, is a Kenyan accountant, businessman and incumbent managing director at Housing Finance Company of Kenya (HFCK), who concurrently serves as the chief executive officer at that commercial bank. He was appointed to his current position in November 2021. Before that he was the company's director of credit and risk at HFCK. [1]

Contents

Background and education

Peter Mugeni Oduori is a Kenyan by birth. After attending local primary and secondary schools, he was admitted to the University of Nairobi (UoN), where he graduated with a Bachelor of Commerce degree. He continued to study at the UoN, where he obtained a Master of Science in Finance. He is also an affiliate member of the Association of Chartered Certified Accountants and Fellow of the Retail Banking Academy. [2]

Career

At the time he was appointed as CEO at HFCK, in November 2021, Oduori had a banking career going back over 20 years. He has experience in credit risk, leadership, management and bank operations. He has banking exposure in Kenya, East Africa and across the Africa continent. He has previously worked at Stanbic Bank Kenya, Stanbic Bank Tanzania and Standard Bank Group. [3]

As managing director at HFCK, Oduori took over from Regina Anyika, the Group Legal Director and Company Secretary at Housing Finance Group of Kenya (HFGK), who held the position in acting capacity. The last substantive managing director at HFCK was Samuel Waweru. Waweru retired in April 2019. [1] [3]

Other consideration

Oduori is an Associate member of the Professional Risk Managers' International Association (PRMIA) and is a Certified Bank Credit Evaluator, a South African qualification. [2] [3]

See also

Related Research Articles

Before Uganda's independence in 1962, the main banks in Uganda were Barclays ; Grindlays, Standard Bank and the Bank of Baroda from India. The currency was issued by the East African Currency Board, a London-based body. In 1966, the Bank of Uganda (BoU), which controlled the issue of currency and managed foreign exchange reserves, became the central bank and national banking regulator. The government-owned Uganda Commercial Bank and the Uganda Development Bank were launched in the 1960s. The Uganda Development bank was a state-owned development finance institution, which channeled loans from international sources into Ugandan enterprises and administered most of the development loans made to Uganda.

<span class="mw-page-title-main">Equity Bank Kenya Limited</span> Financial services provider

Equity Bank Kenya Limited is a financial services provider headquartered in Nairobi, Kenya. It is licensed as a commercial bank by the Central Bank of Kenya, which is the central bank and national banking regulator of Kenya. In 2010 the bank introduced the Agency banking model, which has proved a success and is regulated by Central Bank of Kenya Prudential guidelines.

Housing Finance Company Limited, commonly referred to as Housing Finance, is a commercial bank in Kenya, regulated by the Central Bank of Kenya, the central bank and national banking regulator. HFC is major mortgage lender in Kenya and was the second-largest in the market with KSh33.7 billion in mortgage loans, as of December 2019. At that time, Kenya Commercial Bank, the largest mortgage lender in the country had KSh64.3 billion in mortgage loans.

Edigold Monday, a Ugandan accountant, businesswoman, bank executive, and educator. She is the Uganda Country Director of Sparkassen-Finanzgruppe's foundation for international cooperation ., since December 2018.

Asare Akuffo is a Ghanaian accountant, banker and entrepreneur. He is the former managing director of Home Finance Company, now Republic bank a pioneer bank in the housing finance industry. He is the president of the Private Enterprise Foundation, the umbrella body of businesses in Ghana.

Stanbic Holdings Plc, formerly known as CfC Stanbic Holdings Limited, is a financial services organization in Kenya. The Group's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya and South Sudan. Stanbic Holdings is a member of the Standard Bank Group, a financial services giant based in South Africa. The institution is licensed and governed by the Central Bank of Kenya, the national banking regulator.

<span class="mw-page-title-main">Equity Group Holdings</span>

Equity Group Holdings Limited (EGHL), formerly Equity Bank Group, is a financial services holding company based in the African Great Lakes region. EGHL's headquarters are in Nairobi, Kenya, with subsidiaries in Kenya, Uganda, Tanzania, South Sudan, Rwanda, Democratic Republic of the Congo and a representative office in Ethiopia.

Patrick Mweheire is a Ugandan investment banker and bank executive. He is the regional group managing director and regional group chief executive of Standard Bank Group for Eastern Africa. He took up this position on 1 March 2020.

Philip Odera is an economist, businessman and bank executive in Kenya, the largest economy in the East African Community. He is the current designate managing director and chief executive officer of CfC Stanbic Bank Limited, a Kenyan financial institution, with total assets valued at approximately US$2 billion, as of December 2013. Prior to that, from 2007 until 2014, he served as the CEO and managing director of Stanbic Bank Uganda, the largest commercial bank in Uganda.

Joshua Nyamweya Oigara is Kenyan businessman, accountant and corporate executive and the current Chief Executive Officer Stanbic Bank Kenya and South Sudan starting November 2022. He is the immediate former Group chief executive officer of the Kenya Commercial Bank Group. He served in that position from 1 January 2013. until 25 May 2022.

Catherine Mturi-Wairi is a Kenyan accountant and business administrator. She is the former managing director of Kenya Ports Authority (KPA) and the first woman to lead the KPA. She was appointed to that position on 12 July 2016, having served in an acting capacity from February 2016. She resigned on 9 June 2018, after a 25-year career at the agency.

Housing Finance Group of Kenya (HFGK), also Housing Finance Group Limited (HFGL), is a financial services holding company based in Kenya. HFGK maintains its headquarters in Nairobi, the capital and largest city, with subsidiaries and branches in major urban centers in the country.

Nancy Asiko Onyango, commonly known as Nancy Onyango, is a Kenyan accountant, businesswoman and corporate executive, who is the Director of the Office of Internal Audit and Inspection at the International Monetary Fund. She was appointed on 4 December 2017, with the appointment to take effect on 1 February 2018. Before her appointment, she served as the CEO of Reliance Risk Advisory Solutions, a Nairobi-based consultancy firm.

Nicholas John Okwir is a Ugandan accountant, banker and business executive, who served as the founding managing director and chief executive officer of Housing Finance Bank, Uganda's largest mortgagee lender, between November 2007 until December 2013.

Rebecca Mbithi, is a lawyer, accountant and corporate executive in Kenya, the largest economy in the East African Community. She is the managing director and chief executive officer (CEO) of Family Bank, a financial service provider with assets valued at about US$696 million, as of 31 December 2017. She was appointed to that position in February 2019.

Robert Kibaara is a Kenyan businessman, banker and corporate executive, who serves as the chief executive officer at Housing Finance Group of Kenya, the holding company of Housing Finance Company of Kenya, a commercial bank in that East African country. He assumed his current position in December 2018.

Mark Muyobo,, is a Ugandan accountant, businessman and incumbent chief executive officer in acting capacity at NCBA Bank Uganda. He took up his current assignment in December 2021. He replaced Anthony Ndegwa, a Kenyan national, who left the bank.

Catherine Muraga, is a Kenyan information technology professional and corporate executive, who works as the managing director at Microsoft's Africa Development Center (ADC), based in Nairobi, Kenya's capital city. She took up that office on 1 June 2022. Before that, she was the head of engineering at Stanbic Bank Kenya and Stanbic Bank South Sudan.

Anthony Kituuka is a Ugandan accountant, business executive and banker. He is the managing director and chief executive officer of Equity Bank Uganda, a commercial bank in that country, effective November 2022.

References

  1. 1 2 Elizabeth Kivuva (22 November 2021). "HF Group appoints credit director Peter Oduori as new MD". Business Daily Africa . Nairobi, Kenya. Retrieved 25 November 2021.
  2. 1 2 Carolyne Tanui (22 November 2021). "HFC Credit Director, Peter Mugeni Named New MD". 98.4 Capital FM . Nairobi, Kenya. Retrieved 25 November 2021.
  3. 1 2 3 Jackson Okoth (22 November 2021). "Housing Finance Company Appoints Peter Oduori As its New MD". The Kenyan Wall Street. Nairobi. Retrieved 25 November 2021.