The Executive Council comprises all of the FMA members with Jonathan Stichbury, MD & CEO, Sanlam Investments East Africa as Chair and Rebecca Tiba, General Manager, Madison Investment Managers as Vice Chair.

The FMA Executive Council meets at least four times a year to:

  1. Discuss and ratify decisions on matters of interest to the members including;
    • Industry development
    • Regulatory issues
    • Staff training
    • Industry infrastructure
    • Quarterly networking plans
  2. Implement the Association’s strategy
  3. Approve budgetary spending;
  4. Approve and welcome new members to the Association;


Each FMA member is represented on the FMA Executive Council through its CEO (or equivalent).

Current Members:

  1. Jonathan Stichbury: Sanlam Investments East Africa – Chair
  2. Rebecca Tiba: Madison Investment Managers – Vice Chair
  3. Einstein Kihanda: ICEA Lion Asset Management – Past Chair
  4. Simon Ikua: African Alliance Asset Management – Member
  5. Maina Wacieni: Apollo Asset Management – Member
  6. Jude Anyiko: Britam Asset Managers – Member
  7. Paul Gicheru: NCBA Investment Bank – Member
  8. Stanley Mutuku: CIC Asset Managers – Member
  9. Nicholas Ithondeka: Co-op Trust Investment Services – Member
  10. Spence Dry: Dry Associates Investment Bank – Member
  11. Daniel Kamau: Fusion Investment Management – Member
  12. Edward Wachira: Genghis Capital – Member
  13. Patrick Kariuki: GenAfrica Asset Managers – Member
  14. Eric Karimi: Old Mutual Investment Group – Member
  15. Anthony Mwithiga: Absa Asset Management – Member

Each of the above also has an appointed alternate who can take their place at meetings when they are not available.