GenAfrica
The Industry Leader
Investment Team
Biko is currently the Chief Investment Officer at GenAfrica Asset Managers with over 15 years’ experience in investment management. He was appointed as an Investment Manager in January 2012 with responsibilities in portfolio management and equities asset class research covering the telecommunications and banking sector and later as a Senior Investment Manager prior to his current role.
He joined Genafrica from Old Mutual Asset Managers where he was an Investment Analyst carrying out research on equities and offshore markets. Prior to that he was a Portfolio Manager and Research Analyst at Aeris International S.A in Santiago, Chile responsible for managing the Kenya, Uganda, Tanzania and Botswana Portfolios. He also carried out research in the global copper industry and Pan African stock markets. Biko began his career in investment management at Stanbic Investment Management Services in 2007. He is registered as a Certified Investment and Financial Analyst by ICIFA.
He joined Genafrica from Old Mutual Asset Managers where he was an Investment Analyst carrying out research on equities and offshore markets. Prior to that he was a Portfolio Manager and Research Analyst at Aeris International S.A in Santiago, Chile responsible for managing the Kenya, Uganda, Tanzania and Botswana Portfolios. He also carried out research in the global copper industry and Pan African stock markets. Biko began his career in investment management at Stanbic Investment Management Services in 2007. He is registered as a Certified Investment and Financial Analyst by ICIFA.
Namirembe Escar joined the company in August 2015 as an Investment Analyst from Commercial Bank of Africa Uganda Limited where she worked in Treasury and Trade Operations. As an Investment Analyst, she conducted research on equities and fixed income asset class for the Ugandan portfolio. In May 2019, she was appointed Investment Manager with responsibilities including portfolio management and research of the Ugandan market. She holds a Bachelor of Science Degree (Statistics and Economics) from Makerere University and completed the prestigious CFA program of the CFA Institute. She holds a Master of Business Administration from Heriot Watt University (Edinburg School of Business).
Dorothy is a member of the Portfolio Management and Research function and also heads the Milele Income Drawdown Fund. She joined the company in 2013 from Kingsland Court Benefits Services Limited where she worked as a Scheme Administrator. Prior to that, she worked for Safaricom Limited as a Workforce Real Time Coordinator. Her role includes portfolio management, research, production of quarterly economic and financial markets review, trustee training and client relationship management. She has been instrumental in growing and managing the Milele Income Drawdown Fund since its inception. Dorothy has eight (8) years’ experience in investment management, holds a First-Class Honors in Bachelor of Arts Degree (Economics) from Kenyatta University and currently a CFA Level III Candidate . She is full member of the Chartered Institute for Securities & Investment (CISI) and is also a registered as a Certified Investment & Financial Analyst and holds a practicing certificate as an associate member of ICIFA.
Research Team
Sarah Katuramu joined the team in March 2017 with responsibilities including investment operations, statutory compliance, and portfolio administration. She is currently handling research with a focus on the telecommunications, banking, and utilities sectors in Uganda. She also analyzes treasury securities and other fixed income instruments to inform investment recommendations. Sarah has prior experience in Wealth Management, where she was tasked with advisory on cash management, insurance coverage and investment
planning strategies, suitable for clients’ financial goals. She holds a Bachelor of Commerce Degree in Economics and Statistics from the University of Cape Town, South Africa and is a CFA Level II candidate.
planning strategies, suitable for clients’ financial goals. She holds a Bachelor of Commerce Degree in Economics and Statistics from the University of Cape Town, South Africa and is a CFA Level II candidate.
Business Development Team
Antoinette is a member of the Business Development team and heads the Wealth Management product. She joined the company in 2013 as the Head of Administration and grew into her current role in 2018. Antoinette is responsible for generating and acquiring new wealth management business, trustee training and client relationship management. She has been instrumental in growing and managing the Wealth Management product and has also been the lead in the set-up of the GenAfrica Collective Investment Schemes.
Antoinette has eight (8) years’ experience in investment management, holds a degree in Business Administration (Marketing) from the United States International University and is a member of the Chartered Institute for Securities & Investment (CISI)."
Antoinette has eight (8) years’ experience in investment management, holds a degree in Business Administration (Marketing) from the United States International University and is a member of the Chartered Institute for Securities & Investment (CISI)."
Operations, Finance & Administration.
Uganda Team
Board Members
Charles is responsible for product design, marketing, client relationship, portfolio management, strategy execution in co-ordination with the board of directors and overall corporate affairs. Charles is currently a director with Genafrica. Previously he was the CEO a position he held for 24 years.
Prior to taking this position, he served in key senior positions at Kenya Commercial Bank (KCB) with his last posting as Chief Manager, Correspondent Banking and International Trade Finance and formerly steered the key division of marketing and new product development. During 11 years’ service with KCB, he spent four years as the first London Representative, developing business in Europe and America.
Earlier in his 16 year banking career, he was for five years employed in the Nairobi branch of a major American bank, progressing from credit administration to relationship management. He holds a graduate degree in Economics.
Prior to taking this position, he served in key senior positions at Kenya Commercial Bank (KCB) with his last posting as Chief Manager, Correspondent Banking and International Trade Finance and formerly steered the key division of marketing and new product development. During 11 years’ service with KCB, he spent four years as the first London Representative, developing business in Europe and America.
Earlier in his 16 year banking career, he was for five years employed in the Nairobi branch of a major American bank, progressing from credit administration to relationship management. He holds a graduate degree in Economics.
Previously, Shaka served in a number of leadership roles for over 10 years at the $6 billion Deseret Mutual Benefit Administrators (DMBA), most recently as a Portfolio Manager of Private Equity, Head of a $1 billion Fixed Income Portfolio and Head of Emerging Markets across asset classes. Shaka also managed the investment efforts of DMBA Affiliates in Developed and Emerging Markets, including Africa.
Prior to DMBA, Shaka was a Global Senior member of the Global Finance team at Agilent Technologies. He is also a board member of Ouelessebougou Alliance, a West Africa- focused organization.
Shaka holds a B.S. in Economics, an MBA with an emphasis in Finance from Brigham Young University, and a Masters in Government from Harvard University. He is a member of the CFA Institute.
Prior to DMBA, Shaka was a Global Senior member of the Global Finance team at Agilent Technologies. He is also a board member of Ouelessebougou Alliance, a West Africa- focused organization.
Shaka holds a B.S. in Economics, an MBA with an emphasis in Finance from Brigham Young University, and a Masters in Government from Harvard University. He is a member of the CFA Institute.
Patrick is the Managing Director and he is responsible for product design, marketing, client relationship, portfolio management, strategy execution in co-ordination with the board of directors and overall corporate affairs Patrick Kariuki joined GenAfrica in 1996 as the head Finance, Operations, Administration and New Product unit. He has over 20 years’ experience in Finance, Accounting, Administration, Compliance, and Investment.
His key responsibility is to ensure a Fund is managed in accordance with the mandate given, the Kenyan Retirement Benefits Authority’s rules and regulations and in line
with the GenAfrica Groups compliance requirements.
Previously he was the Chief Operating Officer of the GenAfrica Asset Managers Limited. He is a fully qualified Accountant (CPA) and Banker (ACIB) and holds a Master's degree from the Edinburg Business School. Patrick is currently the Chairman of the Fund Managers Association (FMA)
His key responsibility is to ensure a Fund is managed in accordance with the mandate given, the Kenyan Retirement Benefits Authority’s rules and regulations and in line
with the GenAfrica Groups compliance requirements.
Previously he was the Chief Operating Officer of the GenAfrica Asset Managers Limited. He is a fully qualified Accountant (CPA) and Banker (ACIB) and holds a Master's degree from the Edinburg Business School. Patrick is currently the Chairman of the Fund Managers Association (FMA)
Previously, Mumo worked at a Nairobi-based private equity fund and Trans-Century Limited (Nairobi) where he provided investment, strategy and portfolio management support. He has experience in Private Equity for Development Partners International (London), Charter House Group (New York) and Deutsche Bank Securities (New York) as an Analyst in the Financial Institutions Group.
He holds a Masters in Business Administration from Harvard Business School and a Business Administration degree from The University of Texas at Austin’s McCombs School of Business.
He holds a Masters in Business Administration from Harvard Business School and a Business Administration degree from The University of Texas at Austin’s McCombs School of Business.
Uganda Team
Namirembe Escar joined the company in August 2015 as an Investment Analyst from Commercial Bank of Africa Uganda Limited where she worked in Treasury and Trade Operations. As an Investment Analyst, she conducted research on equities and fixed income asset class for the Ugandan portfolio. In May 2019, she was appointed Investment Manager with responsibilities including portfolio management and research of the Ugandan market. She holds a Bachelor of Science Degree (Statistics and Economics) from Makerere University and completed the prestigious CFA program of the CFA Institute. She holds a Master of Business Administration from Heriot Watt University (Edinburg School of Business).
Sarah Katuramu joined the team in March 2017 with responsibilities including investment operations, statutory compliance, and portfolio administration. She is currently handling research with a focus on the telecommunications, banking, and utilities sectors in Uganda. She also analyzes treasury securities and other fixed income instruments to inform investment recommendations. Sarah has prior experience in Wealth Management, where she was tasked with advisory on cash management, insurance coverage and investment
planning strategies, suitable for clients’ financial goals. She holds a Bachelor of Commerce Degree in Economics and Statistics from the University of Cape Town, South Africa and is a CFA Level II candidate.
planning strategies, suitable for clients’ financial goals. She holds a Bachelor of Commerce Degree in Economics and Statistics from the University of Cape Town, South Africa and is a CFA Level II candidate.
