Nation Media Group has appointed Geoffrey Odundo has been as the new Chief Executive Officer (CEO) and Group Managing Director of effective April 7, 2025.
He previously served as the CEO of the Nairobi Securities Exchange (NSE) from 2015 until February 2024, where he was instrumental in introducing various market innovations and expanding investment products.
Odundo holds a Bachelor’s degree in Mathematics and Economics from Egerton University and an MBA in Strategic Management from the United States International University.
He is also pursuing a PhD in Business Administration and Management at the University of Nairobi.
Before NMG, he was an executive advisor at the Central Provident Fund Board and has over 30 years of experience in banking and financial markets.
He takes over from Richard Tobiko, who has been serving as interim CEO since August 2024 after the departure of former CEO Stephen Gitagama.
Odundo’s appointment is seen as a strategic move to navigate NMG through the ongoing digital transformation in the media industry.
Odundo is an accomplished Investment Banker having been in the financial services sector for the last 31 years. Prior to his appointment, Mr. Odundo was the Managing Director and Chief Executive Officer of Kingdom Securities Limited, Co-optrust Investment Services and Co-op Consultancy Services, all subsidiaries of the Co-operative Bank of Kenya Limited.
Mr Odundo has provider strategic leadership to the Exchange leading to its phenomenal growth both in depth and breath positioning it as the fifth largest exchange in Africa.
During his tenure the NSE attained its highest ever market capitalization of Kshs. 2.93 trillion and Kdhd.4.1 trillion in the bond and equity markets respectively.He has championed the development of trading platforms for new asset classes including the derivatives market, real estate investment trusts, Exchange Traded Funds, Green Bonds, the Unquoted Market Segment for listing of private assets, the listing incubation platform – Ibuka and the World’s first retail mobile traded bond – M-akiba.
He is also championed the exchanges involvement in the establishment Kenya’s first commodity exchange – through the Kenya Multi-Asset Commodity Exchange a Public Private Sector Partnership and the soon to be launched Caborn Trading Platform.
He was also the lead in the team that developed the NSE ESG disclosure and guidance manual that has been accepted as the industry standard on how to comply with these standards.
