Titus Kiondo Muya is a Kenyan entrepreneur and founder of Family Bank, Daykio Plantations Ltd, Kenya Orient Life Assurance, and Kenya Orient Insurance.
The 84-year-old businessman has spent more than four decades in Kenya’s banking sector with interests in insurance, real estate, agriculture, and property management.
Family Bank has now been listed on the Nairobi Securities Exchange (NSE), increasing the value of its holdings and those of its associates.
Early Life and Banking Dream
Muya was born in 1942. The businessman is married to Rachel Muya. His dream of owning a bank dates back to 1961, when he was a Form Two student.
Also Read: Who Really Owns Family Bank? Breakdown of Billionaire Shareholders as of 2026
He served in public service from the 1960s to the early 1980s and ventured into business, founding Family Finance Building Society in 1984.
The institution was established to provide affordable financial services to ordinary Kenyans who had largely been excluded from mainstream banking.
Muya served as Chief Executive Officer (CEO) until June 2006 and later served as the bank’s Non-Executive Chairman from 2006 to 2012.
Since its start, the bank has expanded steadily and currently boasts assets of about KSh168.5 billion and a network of 95 branches across the country.
Multi-Billion Shareholding and Growing Net Worth
Family Bank’s listing at KSh18 per share and its rise to KSh26 on the first day of trading boosted the wealth of Muya.
Together with his associates and companies including Daykio Plantations Ltd, Kenya Orient Life Assurance and Kenya Orient Insurance, the businessman holds a combined 35.67% stake, equivalent to 593.03 million shares.
After the bank was listed on the NSE, the stake value of this holding increased from KSh 10.67 billion to KSh 15.42 billion, representing a gain of KSh 4.75 billion in a single day.
Muya himself owns a direct 4.42% stake in the bank. Through Daykio Plantations, a company in which he owns 91 percent, he controls an additional 9.53%. This gives him an influence of 13.09 percent in the lender.
His family members also hold shares in the financial institution, with the following holdings:
| Shareholder | Stake in Family Bank |
| Estate of Rachel Njeri Muya | 10.05% |
| Brian Muya | 2.01% |
| Ann Muya | 2.01% |
| Keriri Muya | 2.01% |
| Sheila Kahaki Muya | 2.01% |
| Kenya Orient Life Assurance | 2.13% |
| Kenya Orient Insurance | 0.09% |
| Combined Stake of These Entities | 20.31% |
Also Read: Family Tree of Captain Ruto, a Career Kenyan Pilot Who Died in Juba Plane Crash
Business Empire Beyond Banking
Beyond Family Bank, Muya has built a diversified business empire. He is associated with Daykio Plantations Limited, Kenya Orient Insurance Limited, Kenya Orient Life Assurance Limited and Orient Asset Managers, where he serves or is represented on the boards in various capacities.
Muya has also invested in philanthropy through the Family Group Foundation, which provides scholarships and mentorship programmes to more than 1,000 students in all 47 counties.
His contribution to entrepreneurship earned him the Trailblazer Award from the Marketing Society of Kenya. In 2011, former President Mwai Kibaki conferred on him the Elder of the Order of the Burning Spear (EBS), one of the country’s highest honors, in recognition of his contribution to banking and economic development.
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