6th Africa CIS Conference 2023

Event Details

About the Conference

The Credit Information Sharing Association of Kenya (CIS Kenya), in partnership with the International Committee on Credit Reporting, the International Finance Corporation (IFC), and FinRegLab, will host the 6th Africa CIS Conference themed, "Harnessing the Power of Alternative Data: Unlocking Africa's Credit Potential"on the 22nd- 24th March 2023 at Sarova Whitesands Beach Resort & Spa, Mombasa Kenya. Professionals in the financial services sector across Africa will review the state of the credit market and its potential, in line with CIS Kenya's mandate of fostering growth and best practices in credit markets (see past conferences).

Conference Structure

Over the three days, expert panels and presentations will provide an opportunity for targeted deliberations and broader debate on key credit infrastructure topics. The Conference will feature a keynote policy opening address from Kenya's Principal Secretary in The National Treasury, which is at the forefront of driving reforms to fulfill the new Government's agenda of enhancing access to credit for Micro, Medium, and Small Enterprises.

Conference Objectives

The 6th Africa CIS Conference will apprise participants on:

1. Global trends on growth and effectiveness of credit reporting

2. Current developments, emerging issues, and new challenges in credit risk management

3. Evolving policy and regulatory interventions to strengthen Africa's credit markets

4. Alternative data-led risk management solutions for credit scoring, fraud prevention, and customer onboarding.

Who should attend?

The conference agenda will interest:

Financial Services Regulators (Central Banks) and Policymakers
Credit market experts
Senior credit/risk managers and Heads of Innovation of financial services providers
CEOs, board members, and senior managers of credit bureaus
Providers of Banking Technology (including E-Wallet and Mobile money) solutions
Providers of risk management solutions
Development Agencies and NGOs that champion financial inclusion
Academia, journalists, and legal experts

The key areas of discussion will include:

Contribution of Credit Reporting to financial inclusion and stability
Findings from recent expert studies by ICCR
Applications and Explainability of Innovative Credit Scoring Models
Data Privacy and system security concerns
Pre-conditions for successful cross-border data transfers

Agenda

March 22, 2023
March 23, 2023
March 24, 2023

March 22, 2023

Main Schedule

08:30 - 10:00

Opening Ceremony

Welcoming Remarks

Moderator: Jared Getenga, Chief Executive Officer, CIS Kenya
• Dr. Habil Olaka, Chief Executive Officer, Kenya Bankers Association
• Charles Ringera, Chief Executive Officer, Higher Education Loans Board (HELB)

Opening Remarks
Dr. Patrick Njoroge, Governor, Central Bank of Kenya

Keynote Address
Dr. Chris Kiptoo, CBS, the Principal Secretary, National Treasury of Kenya

Jared Getenga

Charles Ringera

Dr. Habil Olaka

10:00 - 10:45

Session 1: Keynote Presentation

General Principles of Credit Reporting: Refresher and emerging issues

Luz Maria Salimina

10:45 - 11:15

TEA BREAK

11:15 - 12:15

Session 2: Nexus between Credit Reporting and Access to finance (Panel)

Nexus between Credit Reporting and Access to finance
• Morris Maina, Chief Executive Officer, TransUnion Kenya
• Jeannine Naude-Viljoen, General Counsel, TransUnion Africa
• Jackie Kitiibwa, Digital Economy Lead, FSD Uganda

Moderator: James Kashangaki, Chief Programme Officer, FSD Kenya

12:20 - 13:15

Session 3: Leveraging on credit infrastructure to expand credit (Panel)

Developments in risk management
• George Kubai, Managing Director, Agricultural Finance Corporation
• Ronald Inyangala, Senior Deputy Director, Financial and Sectoral Affairs and Credit Guarantee Scheme Manager, National Treasury
• Shighadi Mwakio, Deputy Registrar, MPSR

Moderator: Leah Kiwara, Financial Sector Specialist & Consultant, World Bank Group

13:15 - 14:15

LUNCH

14:20 - 15:15

Session 4: Adoption and use of alternative data in creditworthiness (Presentations)

Cashflow underwriting US Case study.

Juicy Score (5min intro)

Melissa Koide, Chief Executive Officer, FinRegLab

Fireside Chat
Kevin Mutiso, Chairman, Digital Financial Services Association of Kenya
Melissa Koide, Chief Executive Officer, FinRegLab

15:15 - 15:40

TEA BREAK

15:40 - 16:05

Session 5: Lender-bureau collaboration for effective credit scoring (Panel)

Experiences, practices and challenges in Africa

17:45 - 18:45

CREDITINFO FIRESIDE CHAT

CREDITINFO FIRESIDE CHAT

EVENING COCKTAIL SPONSORED BY CREDITINFO

Speakers

Dr. Chris K. Kiptoo, CBS

The Principal Secretary, at National Treasury of Kenya

Luz Maria Salimina

Lead Financial Sector Specialist at World Bank

Chris Akolo

Regional Business Development Director for Kenya of JuicyScore

Natalia Bailey

Research Manager at FinRegLab

Jared Getenga

CEO of Credit Information Sharing Association of Kenya (CIS Kenya)

Ronald Inyangala

Senior Deputy Director of Financial and Sectoral Affairs and Credit Guarantee Scheme Manager, National Treasury

James Kashangaki

Chief Programme Officer at FSD Kenya

Gideon Kipyakwai

CEO of Metropol CRB

Jackie Kitiibwa

Digital Economy Lead at FSD Uganda

Melissa Koide

CEO of FinRegLab

Kamau Kunyiha

Regional Manager for East and Southern Africa at Creditinfo Group

Morris Maina

Chief Executive Officer at TransUnion Kenya

Michael Malan

Regional Executive Africa at Experian

Collen Masunda

Credit Specialist at IFC

Kevin Mutiso

Chair at Digital Financial Services Association of Kenya

Samson Mutisya

Africa Growth Director of Finbots.ai

Shighadi Mwakio

Deputy Registrar at Movable Property Security Rights Registry at the Business Registration Service

Jeannine Naudé-Viljoen

General Counsel at TransUnion Africa

Dr. Habil Olaka

Chief Executive Officer at Kenya Bankers Association

Juliet Ongwae, PhD

Senior SupTech Specialist at Cambridge SupTech Lab

Charles Ringera

CEO of Higher Education Loans Board (HELB)

Dr. Chris Kiptoo is the Principal Secretary, National Treasury. He was appointed Principal Secretary by President William Samoei Ruto on 1st December 2022. Dr. Kiptoo is the immediate former Principal Secretary, Ministry of Environment and Forestry. Before that, he also served as a Principal Secretary at the State Department of Trade, Ministry of Industry, Trade & Cooperatives.

In his working career, Dr. Kiptoo has acquired a rich wealth of experience in economic policy analysis, mainly gained at the Central Bank of Kenya, Capital Market Authority and the International Monetary Fund, where he has served in various capacities. His expertise especially relates to the design and implementation of monetary policy; balance of payments and exchange rates; fiscal operations and policy; financial sector matters including capital markets; national accounts/real sector and macroeconomic accounting, and modelling and forecasting.

Additionally, Dr. Kiptoo has proven experience in environment and climate change policies, trade policy and regional integration, private sector development and advocacy, infrastructure development, institutional development of Government institutions and organisational management, all mainly gained at the Ministry of Environment and Forestry, State Department of Trade as well as Trade Mark East Africa. Noteworthy, he also has four years of experience in economic policy coordination gained while working at the then Office of the Prime Minister.

Dr. Chris Kiptoo holds a Doctor of Philosophy Degree (PhD) in Finance (International Macroeconomics Finance specialization) from The Nairobi University, as well as a Master of Science (Ag. Economics) and Bachelor of Science (Ag. Economics) degree from Egerton University. He is also an Accredited Fellow in Macroeconomic Management Macroeconomic & Financial Management Institute of Eastern & Southern Africa (MEFMI).

Luz Maria Salamina is a Lead Financial Sector Specialist for Credit Infrastructure at the World Bank Group, working on Credit Information; Secured Transactions and Collateral Registries; and Insolvency and Debt resolution.

She joined the WBG in April 2014 to work in Sub Saharan Africa promoting reforms on Credit information and support the financial industry resolve challenges and gaps in data related issues. She was the General Manager of the Credit Bureau “APC Buro, S.A.” and Vice President at HSBC and Chase Manhattan Bank in Retail Banking in Panama.

Luz Maria represented ALACRED (the Credit Reporting Association of Latin America) at the International Consumer Credit (ICCR) task force led by the World Bank from 2009 to 2013.

Mr. Chris Akolo is the Regional Business Development Director at Juicyscore, a global risk management and anti-fraud company. With more than 10 years of experience working for licensed credit bureaus in Kenya, Mr. Akolo is a highly accomplished and deeply driven development expert. His focus is on expanding the company's business in digital lending, banking, insurance sub-industries, and other industries by building a solid pipeline of prospects and managing client portfolios in Kenya.

Mr. Akolo holds a Bachelor of Commerce degree in Marketing from the University of Nairobi, Kenya. He is also commercially astute with extensive experience in client acquisition, business, and portfolio development.

Natalia Bailey is a Research Manager at FinRegLab, a non-profit innovation center that tests new technologies and data to inform public policy and drive the financial sector towards a responsible and inclusive financial market. In her capacity, she facilitates the financial ecosystem discussion on the responsible use of AI/ML in financial services and how to promote AI/ML and alternative data solutions to advance financial inclusion. Prior to joining FinRegLab, Natalia was a Policy Advisor in the IIF's Digital Finance Department, where she led on AI/ML and data ethics issues, helping to shape the IIF's strategic agenda and explore key regulatory and policy implications. Natalia holds a Master of Public Policy degree from George Mason University and a Bachelor’s degree in Economics from Hollins University, where she attended as a recipient of a IIE-Fulbright Scholarship.

Jared Getenga is the Chief Executive Officer, Credit Information Sharing Association of Kenya (CIS Kenya). He worked for the Central Bank of Kenya (CBK) for more than 20 years in Banking Supervision and Deposit Protection. His Banking Supervision experience was largely in policy formulation on banking sector stability.

He also worked as CBK-Appointed Statutory Advisor, Statutory Manager and Liquidation Agent in several troubled banks. Jared was later appointed Financial Sector Specialist with the Financial and Legal Sector Technical Assistance Project (FLSTAP), funded by the World Bank IDA, DFID and GOK for purposes of coordinating technical assistance to Kenya’s Financial and Legal sectors.

On secondment from CBK, he founded the Kenya Credit Information Sharing Initiative in 2019, as a vehicle to establish the credit information sharing (CIS) mechanism in Kenya. Having registered a nationwide credit providers Association (AKCP) in 2014, he was appointed founder CEO and helped develop mechanisms for self-regulation, alternative dispute resolution, credit scoring, credit risk management etc. He is a committee member of the Africa Credit Information Sharing Association (ACISA) and the International Committee for Credit Reporting (ICCR).

AKCP rebranded to CIS Kenya in order to align more closely with its mandate.

James has worked for over 20 years in the financial sector in both the developing and developed world with a growing focus on expanding access, inclusion, and usage of finance in Africa by making financial markets work for the less fortunate in society.

He has extensive knowledge of conditions in developing markets, particularly in East and Southern Africa. James has developed a comprehensive background in project appraisal, design, and development as well as implementation and monitoring. He began his work with the Financial Sector Deepening Trust of Kenya (FSD Kenya) in 2006 as the Head of SME finance.

Over the years his role in the organisation has grown and from 2010, he served as the Head of Inclusive growth until his appointment in 2019 to his current role as Chief Programme Officer. Among other notable achievements at FSD Kenya, James has been instrumental in the development of credit market infrastructure and has overseen projects to catalyse both credit information sharing and the secured transaction regime.

In his current role, James is responsible for the delivery of FSD Kenya's results through projects in financial sector policy and infrastructure, finance for agriculture and processing, climate smart results, health and affordable housing, as well as trade. During the Covid-19 pandemic, James’s advice was solicited by various government departments on mitigation policy for MSMEs. Mr. Kashangaki has an MBA in Finance from the William E. Simon business school at the University of Rochester, and an MPA in International economic policy from SIPA at Columbia University, NYC. He is also a certified executive coach.

Jackie Kitiibwa is the Digital Economy Lead at FSD Uganda, working with regulators, policymakers and industry associations to formulate and enhance policies, laws, regulations and processes that enable and support inclusive financial services.

Jackie is a financial sector specialist with over 17 years experience in payments and market infrastructure. She was the Programme Manager, Payment Systems and Financial Inclusion at the Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI), developing and implementing capacity-building programmes in 14 countries. Prior to that, she was Head of the Central Securities Depository (CSD) at the Bank of Uganda (BOU).

Through her work, Jackie has supported countries in the region to formulate, develop and implement financial services’ policies, standards and technologies. She has also participated in regional payment systems harmonisation initiatives including the review and implementation of regional legal frameworks, oversight benchmarks and technical specifications

Jackie holds a Master’s Degree in Economics and Financial Economics from the University of Nottingham, UK and a Bachelor of Statistics from Makerere University Kampala, Uganda.

Melissa Koide is the CEO of FinRegLab, a nonprofit research center that tests new technologies and data and facilitates dialogue to inform public policy and drive the financial sector toward a responsible and inclusive financial marketplace. FinRegLab evaluates how technology and data can be safely used to increase financial inclusion and improve financial services for consumers, small businesses, and communities. FinRegLab is currently evaluating the explainability of complex machine learning algorithms in credit underwriting for fairness, model governance, adverse action notices, and inclusion.

Prior to establishing FinRegLab, Melissa served as the U.S. Treasury Department's Deputy Assistant Secretary for Consumer Policy. In that role, Melissa helped to build the first government offered preretirement savings product, the myRA. She also established the $5 million Innovation Fund to support research and strategies to improve consumers’ financial health and their access to safe and affordable financial products and services. Melissa has testified before the Senate Banking and House Financial Services Committees, and she has spoken extensively to policy, industry, and consumer advocacy audiences. She is also a member of the New York State Department of Financial Services’ Financial Innovation Advisory Board.

Morris Maina is the Chief Executive Officer at TransUnion Kenya. Maina has over 20 years of leadership experience across sectors, including FMCG, Telco, IT and ecommerce. Prior to joining TransUnion, he was Vice President of Sales and Customer Service at Copia Kenya where he was instrumental in accelerating successful roll out and adoption of a highly scalable B2C ecommerce platform targeting rural and urban mass market consumers .

Previously, Maina held leadership roles with Microsoft, serving as Business Lead for Consumer and Device Services across the Anglo–Africa Countries; and Safaricom PLC as Head of Retail, Head of Internet and Content among other roles.

Maina’s passion for helping people achieve great things in a world driven by rapid digital transformation is reflected in his having directed numerous technology-based initiatives aimed at positively transforming consumers’ lives while enhancing business growth.

He holds a Bachelors of Arts and a Masters of Business Administration (MBA) -Strategic Management from the University of Nairobi . He has also completed various leadership programmes, including the Advanced Management Program at Strathmore University.

Mike has developed a unique skill working as a credit bureau industry specialist over the past twenty-four years. He has worked in both commercial and consumer credit bureaus where he has had the opportunity to obtain insight and knowledge into many different organization’s credit, fraud and risk policies, using credit bureau solutions to assist lenders in overall risk reduction and risk-controlled growth.

In 2019 Mike was elected as Chairman of the Africa Credit Information Sharing Association (ACISA). ACISA is a collaborative effort of all Credit Bureau companies in Africa in partnership with the IFC and World Bank to achieve best practice, to drive transparency in standards and policy in managing credit bureau data. In this role he engages with and leads over 30 country credit bureau operators to a common goal of advancing credit information in Africa.

Mike lives in Johannesburg, South Africa with his wife and two sons. He is passionate about all forms of sport fishing, and proudly supports both his sons in national and international pool and open water swimming events.

Collen Masunda is a Credit Information Specialist at the IFC, supporting the Credit Infrastructure Global team since 2018. In this role, he provides credit information and data analytics advisory technical assistance. He is also the Deputy Secretariat of the International Committee on Credit Reporting (ICCR), the only recognized standard-setting body in credit reporting.

He has over a decade prior experience in central banking covering bank supervision; risk management, credit infrastructure; fintech; financial inclusion; policy formulation and implementation.

Collen holds a Master of Commerce in Development from the University of Cape Town Graduate School of Business, Bachelor of Commerce and is Chartered Certified Accountant. He also holds Graduate certificates in Applied Business Analytics and Project Management from Boston University.

Samson Mutisya is the Africa Growth Director at Finbots.AI, a cutting-edge platform that leverages AI to automate the development of high-performance credit scorecards. With over 13 years of experience in customer-facing roles in credit risk, banking, financial markets, consulting, and fintech, he is a highly motivated and experienced business development professional.

Prior to joining Finbots.AI, Samson served as the Africa Sales Director at Credolab, where he successfully developed and executed market strategies to drive growth. He also worked as the Bureau Sales Manager at Creditinfo, where he successfully sold a diverse range of credit risk products to different types of financial institutions.

As the Africa Growth Director at Finbots.AI, Samson is responsible for spearheading the company's efforts to expand and grow its business across the African continent.

Jeannine Naudé-Viljoen is General Counsel for TransUnion Africa, overseeing the legal, compliance and governance functions across eight countries in Africa. She holds legal and business qualifications and has spent the greater part of her career in the financial services space, enabling businesses to drive financial inclusion whilst maintaining compliance.

Naudé-Viljoen is experienced in working in turnaround businesses and is passionate about forging relationships to drive industry issues while ensuring the creation of a sustainable credit environment that can serve and protect both the consumer and business. She also serves on a number of industry bodies, including the Credit Bureau Association and the Credit Ombud Council. Prior to TransUnion, she worked in telco, banking and retail and in her last role she headed up the Credit Bureau Association.

Dr. Olaka was appointed as Chief Executive Officer of the Kenya Bankers Association (KBA) in October 2010. He is responsible for the strategic direction of the Association, covering industry advocacy, development and sustainability. Previously he was the Director of Operations of the East African Development Bank (EADB) based in Kampala after serving as the Resident Manager in Kenya. He earlier served the bank as the Head of Risk Management and as the Chief Internal Auditor.
Before joining the Bank, he had been with Banque Indosuez (now Bank of Africa) as the Internal Auditor. He started his career at the PricewaterhouseCoopers, Nairobi in the Audit and Business Advisory Services Division. He sits on a number of boards representing the KBA. These are Kenya School of Monetary Studies, Kenya Deposit Insurance Corporation, Higher Education Loans Board, National Research Fund, Federation of Kenya Employers, and the Anti-Money Laundering Advisory Board (as alternate to KBA Chairman). He chairs the Public Finance Sector Board of the Kenya Private Sector Alliance (KEPSA). He also sits on the board of Centre for Corporate Governance.
He holds a Doctor of Business Administration from USIU-Africa, a First-Class Honours BSc degree in Electrical Engineering from the University of Nairobi, and an MBA in Finance from the Manchester Business School in the UK. His DBA dissertation was on the influence of strategic leadership on the implementation of strategy in the commercial banks in Kenya.
He is a member of the Institute of the Certified Public Accountants of Kenya (ICPAK). He is an alumnus of the Strathmore School of Accountancy and has a good command of the French language

Juliet is the Senior SupTech Specialist at the Cambridge SupTech Lab. She has over 15 years of experience working with government entities and financial institutions in Sub-Saharan Africa and South-East Asia in developing, deploying and positioning innovative, large-scale regional and retail digital payment systems from ideation to execution. Her areas of expertise include policy design, DFS strategy development, product innovation and design using Human-Centred Design approaches, data analytics, and responsible finance.

Juliet has previously held roles at MicroSave Consulting and Musoni Microfinance where she undertook various roles, from identifying strategies, business opportunities and new technologies in order to develop new capabilities and architectures; to converting data into insights that inform innovative, commercially viable solutions and streamlining business processes with a strong customer focus. She has also served for more than 10 years in the Central Bank of Kenya in the modernization of payment systems and drafting payment systems policies and regulations for among others the CBK RTGS system, East African Payments System (EAPSS) and the COMESA Regional Payment and Settlement System (REPSS).

She holds a PhD from the University of Manchester.

Charles is a seasoned banker with over 23 years’ practical banking experience that cuts across all facets of central and commercial banking. He formerly worked as a regulator with the Central Bank of Kenya (CBK) in various capacities, as a bank examiner, Kisumu Branch, Finance, Audit and National Debt. While he was with CBK, Charles was seconded to Deposit Protection Fund Board (DPFB), now Kenya Deposit Insurance Corporation (KDIC) and did statutory and recovery management in a couple of ailing financial institutions namely - Trust Bank, Kenya Finance Bank, Pan African Bank Group, Euro Bank and Delphis (now Oriental) Commercial Bank. Charles moved to Co-operative Bank in 2004 initially as Senior Credit Risk Analyst before being deployed to Enterprise-wide Risk Management as a senior manager to lay foundation for Risk Management for the bank as per the Central Bank’s Risk Management Guidelines and Basel II Accord.
In 2006, he moved to KCB Group where he headed the Group Operational Risk and Compliance supporting – Kenya, Tanzania, Southern Sudan, Uganda, Rwanda and Burundi. He assumed HELB leadership in March 2013 with a focus to converting the organization to a Human Capital Development Financial Institution (DFI) by restructuring the Institution’s capital base and enhancing alternative resource mobilization to increase the number of students funded through expansion product portfolio by enhancing the balance sheet size leaving nobody behind in access to Education.
Charles holds Bachelor of Science in Applied Accounting from Oxford Brookes University and an MBA in Strategic Management from Moi University. He is a professional accountant holding a CPA (K) and a Fellow of Association of Certified Chartered Accountants, FCCA. He also holds an Advanced Diploma in Risk Management in Banking/Finance by KPMG Sweden. He sits in the following Boards;
• President of AAHEFA – Association of Africa Higher Education Financing Agencies,
• Chairman of Credit Information Sharing Kenya (CIS Kenya)
• Council Member of KCA University and Chair of Audit Risk and Compliance Committee
• Board Member Kenya Universities and Colleges Central Placement Services Board (KUCCPS) and Chair of the Technical Committee
• Chairman of ACCA Kenya Advisory Committee Members, where he represents ACCA Kenya members at the global International Assembly that helps the Council set strategies to grow ACCA globally
• A former Member of ICPAK’s Financial Services Committee
• Key Microfinance
• Committee Member Public Service Members Club

Sponsors and Partners

Connect with 40 people attending this event

PMPMSKKOAS

International Delegates

Exclusive of accommodation and travel

Standard Price$500

International Delegates

Inclusive of Accommodation
(4 nights Half Board) and Return Airport transfers

Standard Price$1,360

Local Delegates

Exclusive of accommodation and travel

Standard PriceKSh50,000

Local Delegates

Inclusive of Accommodation
(4 nights Half Board) and Return Airport transfers

Standard PriceKSh136,000

Kenya Bankers Association Members

This ticket is for KBA members namely
Commercial Banks and Microfinance Banks in Kenya

Standard PriceKSh40,000

CIS Kenya Full Members

This ticket for CIS Kenya full members

Standard PriceKSh40,000

Credit Information Sharing Association of Kenya

Contact us

Event Details

Agenda

March 22, 2023

March 23, 2023

March 24, 2023

March 22, 2023

Main Schedule

March 23, 2023

Main Schedule

March 24, 2023

Main Schedule

Speakers

Dr. Chris K. Kiptoo, CBS

Luz Maria Salimina

Chris Akolo

Natalia Bailey

Jared Getenga

Ronald Inyangala

James Kashangaki

Gideon Kipyakwai

Jackie Kitiibwa

Melissa Koide

Kamau Kunyiha

Morris Maina

Michael Malan

Collen Masunda

Kevin Mutiso

Samson Mutisya

Shighadi Mwakio

Jeannine Naudé-Viljoen

Dr. Habil Olaka

Juliet Ongwae, PhD

Charles Ringera

Sponsors and Partners

Organizer

Partners

Silver Sponsor

Bronze Sponsors

Session Sponsors

Community

Connect with 40 people attending this event

Tickets

International Delegates

International Delegates

Local Delegates

Local Delegates

Kenya Bankers Association Members

CIS Kenya Full Members

Venue

Venue

Contact us