Oikocredit appoints new regional director for Africa
Social impact investor Oikocredit has announced the appointment of Caroline Mulwa as its new regional director for Africa from 16 August 2022.
The regional director plays a key role in the policy development and support of partners in relation to Oikocredit’s investment activities in Africa. Mulwa will be responsible for leading, managing, developing and coordinating teams in Africa, as well as overseeing the loans investments and capacity building initiatives to partners active in financial inclusion, agriculture and renewable energy. In this role, Mulwa will also oversee Oikocredit’s strategic initiatives to improve community resilience in Africa.
She is based in the regional office in Nairobi, Kenya and reports to the director of impact investments.
Mulwa brings over 20 years’ experience in banking and development finance to the role. She previously worked in commercial banking at ABSA before joining Oikocredit in 2007 as a project manager. She was appointed as country manager in 2009 where she was responsible for implementing Oikocredit’s strategy in Kenya and developed the credit portfolio in financial inclusion and agriculture sectors. In 2018, Mulwa was appointed as investments manager for East Africa and was responsible for the portfolio in East and Southern Africa and provided leadership for the investment team.
Mirjam ‘t Lam, managing director at Oikocredit said, “Over the past 15 years, Mulwa has shown immense dedication both to living the values and contributing to social purpose of Oikocredit, and supporting the communities and local partners we work with in Africa. With her track record of building strong relationships and her inspiring leadership style, I have no doubt that she’ll continue to successfully build our portfolio in Africa and will support the organisation in its mission to bring social impact and resilience to communities we serve. I wish her all the best as she continues her career as regional director Africa.”
Get the most from the Africa Private Equity News app by creating a free membership account. Go to the app home screen, tap the round orange icon in the top-right of your screen and follow the prompts.