Thursday, January 17, 2013

Good news to NAIROBIANS! NEW KIBAKI in Nairobi governor race




Wednesday January 16, 2013 - With 47 days remaining to the March 4th poll, the race to Nairobi gubernatorial race is getting tougher and tougher as the day closes near.

But with more than six aspirants competing for the most coveted seat in the country (the Presidency), the Nairobians must think whether to elect a political novice or technocrats.

With an estimated budget of close to half a trillion shillings, Nairobians must think hard before they cast their votes. But the good news is, there is a new Kibaki in the race. Guess who…?

Jimnah Mbaru is a self made billionaire who has been government financial advisor for more than 3 decades.

The soft talking owner of the Dyer and Blair Investestment Bank grew from a young boy in Murang’a to be one of the richest people in the country.

A close friend of President Kibaki and an Economic scholar at the University of Nairobi, Mbaru has distinguished himself from being an economical scholar and a renowned East Africa investor.

Mbaru is an internationally recognised investment banker who has made a remarkable contribution to the development of capital markets in Africa.

He has participated in capital markets in South Africa and Egypt and he was named as the father of capital markets in Sub -Saharan region.

Jimnah Mbaru holds both a Bachelors of Commerce (Hons) and Bachelors of Law (LLB-Hons) degree from the University of Nairobi and a M.B.A. from IMD (formerly IMEDE) in Lausanne, Switzerland.

He is also a Fellow at the Kenya Institute of Management. From 1971-80, he worked for Kenya Government in the Ministry of Commerce and Industry.

 In 1980, he established Jimba Credit Corporation, Kenya Savings & Mortgages in 1983, and Union Bank of Kenya in 1984. The latter three financial institutions were acquired by the Kenya Government in 1990 to form a part of the current Consolidated Bank of Kenya.

Mbaru is vying the Nairobi governor seat on The National Alliance (TNA) party ticket.

The Kenyan DAILY POST

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