Stella Kilonzo: Difference between revisions

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{{short description|Kenyan accountant (born 1972)}}
 
{{Infobox person
| name = Stella Kilonzo
| image = [[File:Stella Kilonzo.jpg|thumb|Kenyan Accountant]]
| image_size =
| caption =
| birth_date = {{Birth date and age|1972|6|20|df=yes}}
| birth_place = [[Kenya]]
| death_date =
| death_place =
| alma_mater = '''{{ubl|[[Catholic University of Eastern Africa]]'''<br/> {{small|([[Bachelor of Commerce|BCom]])}}<br/>'''|[[Loyola University Chicago|Loyola University]]'''<br/>{{small| ([[Master of Business Administration|MBA]])}}<br/>'''|{{nowrap|[[Certified Public Accountant]]'''<br/> {{small|([[Certified Public Accountant|CPA]])}}}}
| nationality = [[Kenya]]n
| occupation = [[Accountant]], [[business executive]]
| citizenship = [[Kenya]]
| years_active = 2008 — present
| alma_mater = '''[[Catholic University of Eastern Africa]]'''<br/> {{small|([[Bachelor of Commerce|BCom]])}}<br/>'''[[Loyola University Chicago|Loyola University]]'''<br/>{{small|([[Master of Business Administration|MBA]])}}<br/>'''[[Certified Public Accountant]]'''<br/> {{small|([[Certified Public Accountant|CPA]])}}
| occupation known_for = [[Accountant]], [[Business Executiveadministration]]
| years_active networth = 2008 — present
| known_for title = Manager<br/>[[BusinessAfrican Development AdministrationBank]]
| networth =
| title = Manager<br/>[[African Development Bank]]
}}
 
'''Stella Kilonzo''' is a [[Kenya]]n [[accountant]] and [[business administrator]]. She is the immediate past [[Chief Executive Officer]] of the [[Capital Markets Authority (Kenya)]]. She was appointed to that position in July 2008,<ref>{{cite web|
|url=http://www.capitalfm.co.ke/business/2008/07/kilonzo-appointment-to-boost-market-confidence/|title=Kilonzo Appointment To Boost Market Confidence|date=16 July 2008|accessdate=3 February 2015|first=.|last=Capital FM Reporter|publisher=[[98.4 Capital FM]] (Nairobi)}}</ref> and she voluntarily stepped down at the end of her renewable four-year term in June 2012.<ref name="Step">{{cite web|url=http://in.reuters.com/article/kenya-capitalmarkets-idINL5E8FOEXV20120424|title=Kenya's Markets Regulator CEO To Step Down In June|date=24 April 2012|accessdate=3 February 2015|first=Beatrice|last=Gachenge|publisher=[[Reuters]]}}</ref> She currently serves as Manager of the financial sector development division, at the [[African Development Bank]]. She was appointed to that position in December 2013.<ref name="Clinches">{{cite web|last=Ngigi| url=http://www.businessdailyafrica.com/stella-kilonzo-clinches-top-bank-job/-/539552/2106728/-/y9v64qz/-/index.html|date=10 December 2013|first=George|accessdate=3 February 2015|title=Former CMA Chief Clinches Top Bank Job|newspaper=[[Business Daily Africa]] (Nairobi)}}</ref>
 
==Background and education==
She studied at the [[Catholic University of Eastern Africa]] (CUEA), graduating with the degree of [[Bachelor of Commerce]]. Later, she attended [[Loyola University Chicago|Loyola University]] in [[Chicago]], [[Illinois]] in the [[United States of America]]. She graduated from Loyola with the degree of [[Master of Business Administration]], specializing in [[corporate finance]]. Kilonzo also holds a qualification as a [[Certified Public Accountant]] (CPA), obtained in the United States.<ref name="Profile">{{cite web|
|url=http://www.weforum.org/contributors/stella-kilonzo|title=Profile of Stella Kilonzo|date=2014|accessdate=3 February 2015|first=.|
|publisher=[[World Economic Forum]] (WEF)|last=WEF}}</ref><ref name="Watch">{{cite web|accessdate=3 February 2015|first=.| url=http://www.africanbusinesscentral.com/2014/12/29/african-women-to-watch-capital-markets-video/|title=African Women To Watch: Capital Markets - Stella Kilonzo, Division Chief of the African Development Bank; Former CEO of Kenya’s Capital Markets Authority (CMA) and Chairwoman of the East African Securities Regulatory Authority (EASRA|last=ABC|publisher=Africanbusinesscentral.com (ABC)|date=29 December 2014}}</ref>
 
==Work history==
Following her training in the United States of America, Kilonzo worked in the securities market regulation at [[Financial Industry Regulatory Authority]] (FINRA) in [[Chicago]], [[Illinois]], [[United States|USA]] for four and half years. She then returned to Kenya and worked at [[Pricewaterhouse Coopers]] (PwC), as a Senior Associate in the Corporate Finance Advisory Services Department. She was the Chairperson of the East Africa Securities Regulatory Authorities (EASRA), a forum for East African Capital markets regulators, from 2008 to 2010. In her capacity as the CEO at the CMA (Kenya), she also sat on the Insurance Regulatory Authority in Kenya. Kilonzo was also an ex-officio member of the ''Retirement Benefits Authority of Kenya''. Prior to being confirmed as CEO of the CMA Kenya, she served as Acting Chief Executive Officer of the CMA (Kenya) from 2007 until 2008.<ref>{{cite web|title=President Kibaki Confirms Stella Kilonzo As CEO of Capital Markets Authority|date=16 July 2008|first=.|last=Jamaapoa|publisher=Jamaapoa.blogspot.com|
|url=http://jamaapoa.blogspot.com/2008/07/president-kibaki-confirms-stella.html|accessdate=3 February 2015}}</ref> Following four years as the CMA chief executive, she declined consideration to serve a second four-year term as CEO. She stepped down on 30 June 2012.<ref name="Step"/><ref>{{cite web|accessdate=3 February 2015|date=24 June 2012|url=https://www.theeastafrican.co.ke/business/Two+Kenyan+firms++CMA+brace+for+change+of+guard+next+week/-/2560/1434278/-/view/printVersion/-/bkl5g1/-/index.html|title=Two Kenyan Firms, CMA Brace For Change of Guard Next Week|last=Emmanuel Were|first=and Peterson Thiong'o|newspaper=[[The EastAfrican]] (Nairobi)}}</ref> In December 2013, she was appointed to a managerial position at the [[African Development Bank]] (AfDB), as head of the division for financial sector development.<ref name="Clinches"/><ref name="Watch"/>
 
==Personal life==
Stella Kilonzo is married and is the mother of two sons.<ref>{{cite web|
|url=http://www.african-exchanges.org/download/newsletter/ASEA_Newsletter_July_%202014a.pdf|format=PDF|title=Interview Featuring Mrs. Stella Kilonzo, MBS: division manager, financial sector development department, African Development Bank Group (AfDB)
|accessdate=24 April 2016|date=July 2014|journal=African Exchanges Newsletter|volume=2|pages=11 to 13|location=Nairobi}}</ref>
 
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==Succession table at CMA (Kenya)==
{{s-start}}
{{succession box|title=CEO Capital Markets Authority (Kenya)||before=[[Edward H. Ntalami]]<br/> 2002 - 2007|after=[[Paul Muthaura]]<ref>{{cite web|url=http://www.businessdailyafrica.com/Muthaura-eligible-to-apply-for-position-of-CMA-chief/-/539552/1908908/-/jo6v22z/-/index.html|title=Muthaura ‘eligible to apply’ for Position of CMA Chief|accessdate=3 February 2015|
|date=8 July 2013|first=Charles|last=Mwaniki|newspaper=[[The EastAfrican]] (Nairobi)}}</ref><br/> 2012 - Present|years='''2008 - 2012'''}}
{{s-end}}
Previous Chief Executives of the CMA (Kenya), include (a) [[William Chelashaw]], who served from 1992 until 1997 and (b) [[Paul K. Melly]], who served from 1998 until 2002.