Millicent Ngetich has established herself as one of Kenya’s most respected and sought-after company secretaries, having successfully steered corporate governance at six Nairobi Securities Exchange (NSE)- listed companies.
Beyond the NSE-listed companies, she has served as Company Secretary for several other prominent organizations.
Other than that, Millicent is an accomplished corporate lawyer with over 15 years of experience in corporate governance, legal advisory, policy development, and risk management.
Millicent Ngetich’s Career as Company Secretary
Millicent Ngetich currently serves as Company Secretary and Head of Legal at Stabex International Limited, a position she has held since September 2025.
In November 2024, she was appointed as company secretary for Kingdom Bank, a subsidiary of the Co-operative Bank of Kenya.
Further, on the same date that year, she was appointed Head of Legal and Company Secretary at The Standard Group PLC.
Millicent served by overseeing internal processes, company and board operations, and statutory reporting.
She also managed legal counsel, litigation, contract drafting, and compliance, while streamlining budgeting, resource optimization, and departmental operations.
However, on April 1, 2026, the media company announced that she had resigned from her position.
She expanded her experience in corporate leadership by assuming the position of Company Secretary at Sameer Africa PLC on November 1, 2024.
At the same time, she assumed the position of Company Secretary of Nairobi Business Ventures PLC and its subsidiaries, Sasini PLC, and Shri Krishna Overseas PLC in the same year.
On March 31, 2026, she officially resigned as NSE Company Secretary, bringing her tenure to a close.
Other Roles Held
She also serves as Assistant Director – Board and Legal Services at Image Registrars Ltd, a role she assumed in November 2024.
From 2014 to 2015, Ngetich worked as Legal Counsel for East Africa at Unilever, coordinating legal risk management and compliance across business operations.
Between 2010 and 2014, she held the positions of Legal Affairs Manager and Senior Legal Officer at Kenya Seed Company Ltd.
Earlier in her career, from 2008 to 2010, she served as State Counsel at the State Law Office, providing legal advisory services to the government, state corporations, and public institutions.
Also Read: NSE Appoints Catherine Kawira as New Company Secretary
Education Background
Ngetich holds a Bachelor of Laws (LLB) degree from Moi University and a Diploma in Law from the Kenya School of Law (KSL).
She is also a Certified Secretary and an Accredited Governance Auditor.
Millicent is a member of the Law Society of Kenya and the Institute of Certified Secretaries (ICS).
Also Read: Standard Group Announces Board Changes as Three Directors Resign
CMA on Company Secretary Tenure
In January 2025, the Capital Markets Authority (CMA) moved to cap the number of listed firms a company secretary can serve at three.
The move aimed to address over-commitment and strengthen corporate governance.
In its report on Nairobi Securities Exchange-listed firms, the Authority noted a rising trend of company secretaries serving multiple firms at the same time.
Company secretaries are central to a firm’s compliance and governance, with responsibilities that go beyond administrative tasks.
Their key roles include ensuring regulatory compliance, supporting corporate governance, managing board administration, and facilitating communication with shareholders.
