Mbuvi Ngunze - Group Managing Director & Chief Executive Officer
Mbuvi holds a Bachelor of Commerce degree accounting option from the University of Nairobi.
He is a Chartered Accountant (England and Wales) and is also a graduate of the Harvard Business School’s Management Development Program (PMD75).
He joined Price Waterhouse in Nairobi in 1990 and was seconded to Manchester in the United Kingdom where he was articled.
In the UK, he started off as an Audit Assistant and left 5 years later as an Assistant Manager.
In 1995, he rejoined Price Waterhouse in Kenya as Audit Manager, leading audits of various blue chip companies, and also involved in training and recruitment.
In 1998, he joined Bamburi Cement (a Lafarge subsidiary) as Finance Manager and was promoted to the Finance Director’s position in
February 1999. He held this position up to March 2002 when he was appointed Managing Director Hima Cement Uganda (Lafarge).
In May 2006, he moved to the headquarters of Lafarge in Paris. He first took up the role of Mission Director in the Group Audit Department
for six months, and then was appointed Group Vice President Internal Communications in November 2006. In March 2009, he was appointed General
Manager for Lafarge’s operations in Tanzania (Mbeya Cement). He joined Kenya Airways in September 2011 as Chief Operating Officer.
Mbuvi has extensive Board room experience having served on the Board of Bamburi Cement (from 1999), Hima Cement, Mbeya Cement, and
serving as Secretary to the East African Cement Producers Association.
Alex Wainaina Mbugua:
Group Finance Director (50 years)
Mr. Mbugua was appointed the Group Finance Director on 14th July 2008. He is an MBA graduate with specialization in Corporate Finance and a member of the Institute of Certified Public Accountants of Kenya. He is also an alumni of Harvard Business School having completed the Advanced Management Program (AMP 183) in October 2012. In the past 28 years, during his highly successful career, Mr. Mbugua has developed significant knowledge and expertise in the fields of finance, strategy, information technology and general management.As Group Finance Director, Mr. Mbugua has been responsible for and overseen certain key milestones for KQ, including chairing of the KQ Ten Year Strategic Planning committee for the development of “Project Mawingu” and presiding over the capital raising for the project. This included the high profile 2012 rights issue offer that raised net proceeds of KES 13.8 billion for KQ. Prior to his current position, Mr. Mbugua held the position of Chief Financial Officer of Africa Open Pit Mines, AngloGold Ashanti in Johannesburg. He also held board positions at AngloGold Holdings (UK) and also in 8 mining subsidiaries spread out in 5 African Countries. Other board positions have included Bain Hogg Ltd and Norfolk Holdings (K) Ltd together with KQ subsidiaries Kenya Airfreight Handling Ltd and JamboJet Ltd.