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The Kenya Development Corporation (KDC) has appointed Sakwa Bunyasi as its board chair and subsequently confirmed Norah Buyaki Ratemo as the Director General of the corporation.

KDC hopes to leverage on Bunyasi’s appointment to revolutionise the corporation’s ambitions.
“I am deeply honoured to assume the role of the chairman of the Board at KDC,” said Dr Bunyasi.

“I look forward to working closely with the board members and the dedicated team at the corporation to ensure we achieve our objectives and help the Country’s growth in manufacturing, increase exports and attract foreign direct investments.”

Ratemo has over 15 years of experience in Credit Risk Management, having formerly worked in various institutions including Eco Bank Kenya, Sidian Bank, and the Tourism Finance Corporation. He holds a Master’s degree in Business Administration.

The corporation has also brought on board Faith Mwaura, Sigee Koech, Caroline Muigai, and Benjamin Muketha to the board. They join and Judith Kerich, State Department for Investments promotion, Ministry of Investments Trade and Industry PS Abubakar Hassan Abubakar, and Michael Kahika who is the alternate Director to the Cabinet Secretary National Treasury and Planning.

KDC is currently seeking various strategic investors to inject over Sh5 billion across its flagship projects in several priority investment opportunities in Kenya in various sectors, including manufacturing, tourism, agriculture, healthcare, energy, blue economy and ICT.

Ratemo says investors should leverage Kenya’s improving ease of doing business, and highly skilled labour force to make money.