Letshego Kenya, a subsidiary of Letshego Africa Holdings Limited, has appointed Jeff Ngeta as the Country Chief Executive Officer and Executive Director.
This strategic move comes as Letshego Kenya aims to leverage Ngeta’s extensive financial services expertise to drive the company towards its next phase of growth and development.
“Letshego Kenya, a wholly owned subsidiary of Letshego Africa Holdings Limited, is pleased to announce the appointment of Mr. Jeff Ngeta as the Country Chief Executive Officer and Executive Director of Letshego Kenya,” said the firm in a statement.
With a background that includes notable positions at blue-chip regional institutions such as Standard Chartered Bank Kenya, Barclays Bank Kenya (now Absa), and NIC Bank Kenya (now NCBA), Ngeta brings a wealth of leadership experience to his new role.
Jeff Ngeta experience
Prior to joining Letshego Kenya, Ngeta served as a Group Management Consultant at Izwe Africa and held the position of Managing Director at Izwe Loans Kenya for a successful tenure of five years.
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His leadership at Izwe Loans Kenya was marked by significant achievements in strategic initiatives, further solidifying his reputation as a seasoned professional in the financial services sector.
In addition, Ngeta’s ability to drive business growth, foster sustainable practices, manage people effectively, forge strategic partnerships, conduct thorough risk assessments, spearhead transformation initiatives, and leverage innovation and digitization for operational efficiencies positions him as an exemplary leader for Letshego Kenya.
Academic Background
Ngeta’s academic background includes an Executive MBA and a bachelor’s degree in business administration with a concentration in Finance.
Furthermore, he is currently pursuing a Doctorate in Business Administration with a specialization in Business Intelligence.
Letshego Kenya’s Chairman, Kungu Gatabaki, expressed full confidence in Ngeta’s leadership abilities, emphasizing the company’s commitment to expanding its reach as a leading inclusive finance brand.
“On behalf of Letshego Kenya’s Board and Executive team, I wish to welcome Jeff Ngeta to our family. We have full confidence that under Mr. Ngeta’s stewardship, Letshego Kenya will continue to expand its reach as a leading inclusive finance brand,”
“Delivering sustainable social value to individuals and small businesses across our diverse communities. Please join us in extending a warm welcome to Mr. Jeff Ngeta as he assumes the helm at Letshego Kenya,” said Kungu.
Details About Letshego Kenya
According to their website, Letshego Kenya is a credit-only microfinance institution in Kenya which provides loans to individuals across the public and private sectors, supporting Micro and Small Entrepreneurs (MSE).
Since its acquisition by Letshego Holdings Ltd in 2012, Letshego Kenya has played a pivotal role in the microfinance sector, contributing to the group’s growth and diversification of solutions.
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With a dedicated staff of over 150 employees spread across 25 branches, Letshego Kenya serves a customer base of more than 20,000 individuals.
The company’s approach focuses on strategic partnerships, innovative technology, and digital delivery channels to enhance customer access and experience.
Letshego Kenya’s mission revolves around implementing microfinance banking effectively in an African context, ultimately transforming the livelihoods of customers engaged in viable economic activities.
