Stella Kilonzo is a Kenyan accountant and business administrator. She is the immediate past

Chief Executive Officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especial ...

of the

Capital Markets Authority (Kenya) The Capital Markets Authority of Kenya, also known as CMA, is a government financial regulatory entity responsible for supervising, licensing and monitoring the activities of the capital markets within the Republic of Kenya, market intermediar ...

. She was appointed to that position in July 2008, and she voluntarily stepped down at the end of her renewable four-year term in June 2012. She currently serves as manager of the financial sector development division, at the

African Development Bank The African Development Bank Group (AfDB) or (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014. The AfDB is a financial provider to African governments and private companies ...

. She was appointed to that position in December 2013.

Background and education

She studied at the

Catholic University of Eastern Africa Catholic University of Eastern Africa (CUEA), is a multi-campus private university in Kenya. It is accredited by the Commission for University Education in Kenya. Location The main campus of the university is located along Bogani East Roa ...

(CUEA), graduating with the degree of

Bachelor of Commerce A Bachelor of Commerce (abbreviated BComm or BCom; also, ''baccalaureates commercii'') is an undergraduate degree in business, usually awarded in Canada, Australia, India, Sri Lanka, Pakistan, Ireland, New Zealand, Ghana, South Africa, Myanmar, ...

. Later, she attended Loyola University in

Chicago, Illinois (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

in the United States. She graduated from Loyola with the degree of

Master of Business Administration A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accoun ...

, specializing in corporate finance. Kilonzo also holds a qualification as a Certified Public Accountant (CPA), obtained in the United States.

Work history

Following her training in the United States of America, Kilonzo worked in the securities market regulation at

Financial Industry Regulatory Authority The Financial Industry Regulatory Authority (FINRA) is a private American corporation that acts as a self-regulatory organization (SRO) that regulates member brokerage firms and exchange markets. FINRA is the successor to the National Associat ...

(FINRA) in

Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

Illinois Illinois ( ) is a state in the Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolitan areas include, Peoria and Rockf ...

USA The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...

for four and half years. She then returned to Kenya and worked at

Pricewaterhouse Coopers PricewaterhouseCoopers is an international professional services brand of firms, operating as partnerships under the PwC brand. It is the second-largest professional services network in the world and is considered one of the Big Four accounting ...

(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. 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. In December 2013, she was appointed to a managerial position at the

(AfDB), as head of the division for financial sector development.

Personal life

Stella Kilonzo is married and is the mother of two sons.

Succession table at CMA (Kenya)

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.

References

External links