APPOINTMENT OF INDEPENDENT DIRECTOR: MRS CAROLINE KITTONY- WAIYAKI

CFS Asset Management Plc.’s Board is pleased to announce the appointment of Mrs. Caroline Kittony-
Waiyaki on the board of CFS Asset Management Plc, Kenya, with effect from June 30, 2020.


CFS Asset Management Plc. is 100% owned and a direct subsidiary of CITITRUST Holdings Plc. It is
positioned to be a leading Asset Management Company in Kenya – Having laid the foundation for its business
operations, the focus has now shifted to scaling up the business operations with acquisition of its licenses, and
opening more digital branches.


Mrs. Caroline Kittony-Waiyaki holds a Post-Graduate Diploma in Law from the Kenya School of Law and badged a
Bachelor of Laws (LLB) degree from the University of East Anglia – currently, an advocate of the High Court of
Kenya.


She is currently a Non-Executive Director in Kenya Power and Lighting Company Plc. (Kenya), She is a Senior
Partner at Kittony-Waiyaki Advocates and has over 29 years of experience in Civil and Commercial Practice,
Intellectual Property, International Corporate Finance and Public Private Partnerships, Project Development, Joint
Ventures, Mergers and Acquisitions, and Energy Law.


The Board of CFS Asset Management Plc. is confident that the appointment of the above Directors to the Board
would be instrumental in driving the Company’s Growth strategy. Speaking on her proven track record and wealth
of experience, CFS Asset Management Plc.’s Board Chairman, Mr. Michael Monari said “The newly appointed
Director will bring robust insight and perspective to the quality of deliberations on the board, I welcome them on
board.”

THANK YOU.

© CITITRUST HOLDINGS PLC 2020

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