NSE dismisses reports of chairman Kittony’s exit
By Emmanuel Rono, March 11, 2026The Nairobi Securities Exchange PLC (NSE) has issued a public notice to clarify that recent reports regarding the departure of its Board Chairman, Kiprono Kittony, are categorically inaccurate.
In a statement on Wednesday, March 11, 2026, NSE clarified that the reports suggesting Kittony’s departure from the board leadership are inaccurate.
NSE said that Kittony remains the chairman and continues to lead the exchange in advancing its 2025–2029 strategy.
“The Nairobi Securities Exchange PLC (NSE) wishes to clarify that recent media reports about the departure of Board Chairman Mr. Kiprono Kittony are categorically inaccurate. Mr. Kittony remains Chairman and is actively leading the Exchange in advancing its 2025–2029 Strategy,” NSE noted.
This comes following an online report that Kittony had stepped down from his role as chairman of the Nairobi Securities Exchange (NSE) after serving in the position for nearly six years.
NSE emphasised its commitment to transparent and established governance procedures for all leadership transitions, noting that it operates in strict adherence to its Articles of Association, Capital Markets Authority (CMA) regulations, and other statutory requirements.
“As a market regulator and a public listed company, NSE follows transparent and established governance procedures for all leadership transitions, in line with its Articles of Association, Capital Markets Authority (CMA) regulations, and statutory requirements,” NSE stated.
The NSE further urged stakeholders to rely only on official communication channels for accurate updates.
New Kenya Airways Chairman
Reports about Kittony’s resignation from the Nairobi Securities Exchange came days after he was appointed as the new chairman of the Kenya Airways board.
The board said the appointments are expected to strengthen governance and strategic leadership at the airline as it continues implementing reforms aimed at improving financial performance and competitiveness in the global aviation market.
“The Board, Management and Staff of Kenya Airways congratulate Mr. Kiprono Kittony, Chris Diaz, Prof. Winnie Iminza Nyamute and David Ndii on their appointment and wish them success in their new roles,” the company said in a statement issued by Company Secretary Habil Waswani.
In his new role, Kittony and his board, comprising leaders including economist David Ndii, will be charged with steering the struggling national airline at a time when the government is seeking strategic investors to inject fresh capital.