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Board of Directors

1

Board Chairman: Non-Executive

Kiprono Kittony

The Board of Directors of RentCo Africa Limited announced the appointment of Mr. Kiprono Kittony EBS as the new Board Chair, effective from 1st December 2023. Mr. Kittony serves as the Chairman of the N.S.E. and represents NSE  …

Stephen Lugalia

Non-Executive Director

Stephen Lugalia

Effective March 1st, 2024. FCPA Stephen Lugalia, Founder and CEO of FGB Solutions Limited, brings extensive expertise in Governance, Strategy, and Business Solutions, and is a Certified Governance Auditor. With a background …

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Non-Executive Director

Namulisa Kombo

Namulisa Kombo joins RentCo Africa’s B.O.D., effective March 1st, 2024, bringing over eighteen years of executive experience in partnerships, stakeholder engagement, and program management. With a focus on …

4

Non-Executive Director

Catherine Nyaga-Mbithi

Catherine Nyaga-Mbithi joins RentCo Africa’s B.O.D., effective March 1st, 2024, as a seasoned leader specializing in Gover- nance, Risk Management, Compliance, Audit, and Accounting. With an MBA …

5

Chief Executive Officer

Robert K. Nyasimi

As the Group CEO of RentCo Africa Limited, Robert Kanda Nyasimi is a prolific leader in the financial services industry with a wealth of expertise in asset management. As Director and CEO, Robert spearheads …

6

Group Legal Director

Margaret Mucheru

Margaret Mucheru brings over a decade of legal expertise to RentCo Africa as Group Legal Director, positioning her as a key asset to operations within the COMESA region and beyond. With a background …

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Group Finance Director

Alexander Wambua

Alexander Wambua, a seasoned CFO, with a track record of success in building and overseeing robust financial operations; brings a wealth of financial expertise to RentCo Africa, emphasizing efficiency and cost management …

Dorion Associates LLP

Company Secretary

Dorion Associates LLP

The Board of Directors of RentCo Africa Limited is pleased to announce the appointment of Dorion Associates LLP as our Company Secretary, effective 1st December 2023. This strategic decision reflects our commitment …

Board Chairman: Non-Executive

Kiprono Kittony

The Board of Directors of RentCo Africa Limited announced the appointment of Mr. Kiprono Kittony EBS as the new Board Chair, effective from 1st December 2023. Mr. Kittony serves as the Chairman of the N.S.E. and represents NSE on the CDSC Board.


His illustrious career includes leadership roles in the Kenya National Chamber of Commerce & Industry, Media Owners Association, and Radio Africa Group. Additionally, he chairs the boards of CRB Kenya Limited, Mtech Limited, and Betway in Kenya, and serves on the advisory council of IFHA. Recognized for his contributions, Mr. Kittony was honored with the Elder of the Order of the Burning Spear (EBS) award by President Uhuru Kenyatta in 2019 for his outstanding service to the nation as a business leader.

Stephen Lugalia

Non-Executive Director

Stephen Lugalia

Effective March 1st, 2024. FCPA Stephen Lugalia, Founder and CEO of FGB Solutions Limited, brings extensive expertise in Governance, Strategy, and Business Solutions, and is a Certified Governance Auditor. With a background as a Certified Public Accountant and past Chairman of the ICPAK, Mr. Lugalia offers profound experi- ence in Accounting, Risk Management, Auditing, and Corporate Governance.

 
His distinguished career includes leader- ship roles at Coopers & Lybrand and Liberty Group. Currently serving as an independent director on several boards, including GA Life Insurance Company Limited and Bank of Baroda Limited, Mr. Lugalia holds certi- fications from the IFC and the Institute of Directors.

Non-Executive Director

Namulisa Kombo

Namulisa Kombo joins RentCo Africa’s B.O.D., effective March 1st, 2024, bringing over eighteen years of executive experience in partnerships, stakeholder engagement, and program management. With a focus on innovation and strategic support, she is recognized for her expertise in both private and public sectors.
Namulisa holds a B.A. Arts in Psychology from USIU-Africa and has completed an Executive Programme on Public Policy in Private Sector Development from Strathmore Business School, Nairobi. Currently Director of Govern- ment Engagement at Mastercard in Nairobi, she has previously held key roles at Safaricom PLC and Deloitte Limited, showcasing excep- tional leadership in project management and business development.

Non-Executive Director

Catherine Nyaga-Mbithi

Catherine Nyaga-Mbithi joins RentCo Africa’s B.O.D., effective March 1st, 2024, as a seasoned leader specializing in Gover- nance, Risk Management, Compliance, Audit, and Accounting. With an MBA from Mancosa Honoris University and a BCom from the University of Nairobi, she brings extensive expertise as Internal Audit Manager at Absa Life Assurance Kenya.
Her Experience spans Financial Services, Manufacturing, Investment, and Humanitarian sectors across Africa and the UK. Catherine is the Co-Chair of the Institute of Risk Manage- ment-E.A. Regional Group and an ardent contributor at ICPAK. She mentors through her involvement with the Global Give Back Circle and Youth Mentors and VC’s, reflecting her dedication to nurturing future leaders.

Robert Nyasimi

Chief Executive Officer

Robert K. Nyasimi

As the Group CEO of RentCo Africa Limited, Robert Kanda Nyasimi is a prolific leader in the financial services industry with a wealth of expertise in asset management. As Director and CEO, Robert spearheads operations at RentCo Africa. A former Chairman of the Leasing Association of Kenya (LAK), he has played a pivotal role in shaping the leasing industry’s landscape for decades. Robert holds an MSc in Marketing from the University of Glamorgan, UK, along with a Postgraduate Diploma in Marketing (DIPM) and an Advanced Diploma from the Chartered Institute of Marketing (CIM) in the UK.

He is a certified Credit and Risk Manager and a registered professional with the Associate Kenya Institute of Bankers (AKIB). Robert’s expertise extends to roles as a consultant at the International Finance Corporation (IFC) and Deputy Head of Asset Finance at Barclays Bank of Kenya Ltd.

Group Legal Director

Margaret Mucheru

Margaret Mucheru brings over a decade of legal expertise to RentCo Africa as Group Legal Director, positioning her as a key asset to operations within the COMESA region and beyond. With a background spanning diverse sectors such as Banking, Mining, Telecoms, and Aviation, her experience ensures compliance. Margaret is Kenya’s national representative and board appointee for the International Conver- gence of Women Leaders Programme (ICWL) 2024, London UK. She was Legal Counsel at AIG and her proficiency in Intellectual Property, was cultivated during her tenure at the MCSK, enhancing her capabilities in safeguarding intellectual assets.
As a practicing Advocate of the High Court of Kenya and a Registered Notary Public, Margaret upholds legal integrity and professionalism. Her academic achievements include a Master of Laws in Finance and Strategic Management, a Bachelors of Laws (LLB) from Moi University, and a Diploma from the Kenya School of Law.

Group Finance Director

Alexander Wambua

Alexander Wambua, a seasoned CFO, with a track record of success in building and overseeing robust financial operations; brings a wealth of financial expertise to RentCo Africa, emphasizing efficiency and cost management. With a background in accounting and analytics, he supports strategic commercial strategies alignment. Prior to RentCo Africa, he was at Star Rentals Limited, a subsidiary of Siginon Group, Basecamp Explorer Kenya, and Sasini Limited and in key finance roles in various industries, showcasing expertise in planning and analysis. Alexander is pursuing his MSC Finance at the University of Nairobi, holds a Bachelor of Business Management-Finance from Moi University and certification is a Certified Public Accountant. His practical experience equips him with the knowledge and skills necessary to drive financial performance and support strategic decision-making at RentCo Africa.

Dorion Associates LLP

Company Secretary

Dorion Associates LLP

The Board of Directors of RentCo Africa Limited is pleased to announce the appointment of Dorion Associates LLP as our Company Secretary, effective 1st December 2023. This strategic decision reflects our commitment to upholding the highest standards of corporate governance and regulatory compliance. Dorion Associates LLP brings extensive expertise in company secretarial services and a proven track record of delivering comprehensive support in corporate compliance, regulatory matters, and governance practices.

With this partnership, we aim to further strengthen our corporate framework, facilitating smoother operations and reinforcing our dedication to transparency and excellence. We extend a warm welcome to Dorion Associates LLP, and we look forward to a fruitful collaboration as we continue our journey toward sustained growth and compliance.

Geographical Presence

We have grown our network of offices globally to maintain close relationships with our clients while continuously strengthening our understanding of local and regional markets, regulations and business practices.

Kenya

Uganda

Tanzania

Rwanda

DRC

Namibia

Our Sectors

RentCo’s ability to offer customized asset finance, logistics and insurance solutions, combined with strategic partnerships with both global and local partners, enables us to support our multi-sectoral clients in powering their business success.

Government

Industrial & Manufacturing

Education

Healthcare

Technology

Energy & Utilities

Retail

Transport & Logistics

Construction

Agriculture

Our Solutions

Rentco is a solutions-oriented asset-finance, logistics and insurance solutions partner for businesses of any sector, government, and other organizations. 

Our combination of various multi-sector competencies and the specialist knowledge of our partners – enables us to offer you integrated asset finance and auxiliary solutions.

Strategic Services

Advisory & Consulting

Contract Management

Cost Consultancy

PPP / 3P Advice

Energy & Utilities

Auxiliary Services

Insurance

Maintenance

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