Team 2018-03-21T13:10:49+00:00

KIFFWA Board of Directors

Susan Mudhune 

Chair, KIFFWA fund &

Board Member, KIFFWA Fund Manager

Susan holds a Bachelor of Arts degree in Education and a Masters Degree in Business Administration from the University of Nairobi. She has a long-standing record of strategic leadership of dynamic boards of directors and has extensive experience in Governance and Advisory Boards that have achieved extraordinary results. She is a fellow of the Kenya Institute of Bankers (KIB) and a former chair of Kenya Commercial Bank. Susan also serves on the Boards of Eveready East Africa Ltd, Safaricom Limited, Sanlam Kenya Limited and Carbacid Ltd. She is also a member of Institute of Directors (K) and is the national chairperson of Kenya Girl Guides Association.

Joy Busolo  

Chair, KIFFWA Fund Manager

Joy has over eight years’ experience as an engineer, water sector specialist, and project manager for water and sanitation interventions for international organizations, non-governmental organizations and in the private sector. She has managed multidisciplinary teams for complex projects (design, bid preparation, implementation) and sector studies (economic, financial and technical) and has regional work experience in East and Central Africa. Her specialty areas include water sector public policy;public-privatee partnerships, private sector development and access to water and sanitation services.

Joy presently serves as the Africa Regional Lead for the 2030 Water Resources Group.

Joseph Murabula

C.E.O & Board Member KIFFWA Fund Manager

Joseph serves as the Chie Executive Officer (CEO) of KIFFWA. He holds a masters degree in Finance and Financial Law from the University of London. He has over 15 years’ experience in financial advisory, development banking and investment banking. Joseph has formerly worked for the East African practice of Deloitte, the Eastern and Southern African Trade and Development Bank (PTA Bank), East African Development Bank and Equity Investment Bank.

In 2013, he led the setting up of the Regional Collaboration Centre (RCC) for the Clean Development Mechanism on behalf of the United Nations Framework Convention on climate change (UNFCCC) and the East African Development Bank (EADB) and served on its policy organ, the steering committee for two years. Joseph is a Certified Public Accountant of Kenya, a Certified Public Secretary of Kenya, and a member of the Institute of Certified Public Accountants of Kenya.  He was a member of the pioneer fellowship class in Green Energy and Carbon Markets of the Danish Fellowship Centre.

Carlo Van Wageningen

Board Member, KIFFWA Fund

Mr. Carlo Van Wageningen is the Founder and one of the owners of Lake Turkana Wind Power plant – Africa’s largest wind farm. He formerly worked for the Food and Agricultural Organization (FAO) of the United Nations and World Food Program as Assistant Representative. He also served in Nairobi(Kenya) as a director for the Fata European Group until he decided to venture into his own business activities and investments in Kenya.

Johan Kruger

Board Member, KIFFWA Fund &

Chair, Investment Committee

Johan was the founder and first managing Director of the infrastructure Corporation (INCA) which raised over 7 billion Rand for infrastructure financing in South Africa. He is currently the managing director of Afcap Consulting and is internationally recognised as a leading consultant in water finance and public private partnerships (PPP’s). Mr. Kruger is a former executive manager at the Development Bank of South Africa, Infrastructure Bank PLC; and current vice chairman of the Infrastructure Bank Nigeria. Additionally, Johan is the chairman of the Canadian Infrastructure Corporation and is also a specialist in Capital Markets and Funding Structures. He serves on several boards and investment committees.

Joris Van Oppenraaij

Board Member, KIFFWA Fund

In addition to sitting on the KIFFWA Ltd board, Joris works for the Netherlands Water Partnership as the Programme Manager for KIFFWA. He has vast experience in consultancy, which saw him work in Nigeria and Sri Lanka; where he came to develop a keen interest in international development with a focus on the water sector and finance. Subsequently, Joris was seconded to the Water Finance Facility, where he is currently the head of Operations and Impact.Sanlam Kenya Limited and Carbacid Ltd. She is also a member of Institute of Directors (K) and is the national chairperson of Kenya Girl Guides Association.


Effie Mutio

Associate (Corporate and Administrative Affairs)

Effie holds a Bachelor of Commerce (B.Com) and a Bachelor of Laws (LL.B Hons) degrees both from the University of Nairobi. She is a Certified Public Secretary of Kenya (CPSK) and a member of the Institute of Certified Public Secretaries of Kenya (ICPSK). She also holds a Post Graduate Diploma in Law from the Kenya School of Law and is a member of the Kenya Institute of Supplies Management (KISM).
With her double major, she offers a mix of both business and legal skills with a vast understanding of corporate law and company secretarial practices. Effie has formerly worked at Prof. Tom Ojienda & Associates as a Legal Associate, Agricultural Finance Corporation as a Procurement Officer, and Family Bank Limited before joining KIFFWA as an Associate.

Investment Committee

Annabell Waititu, MA

With over 20 years’ experience in the water and environment sector in East Africa, Annabell Waititu, in addition to forming the Investment Committee at KIFFWA, is the Vice President for Programs at Big Five Africa, Ltd.

She is also currently the Chair of the largest water and sanitation network in Kenya (KEWASNET) and is a Fellow at the Center for Governance and Sustainability at the University of Massachusetts, Boston. Ms Waititu has initiated leading regional and national networks including the Africa Network for Water and Sanitation (ANEW), the Gender and Climate Change Working Group in Kenya, and KEWASNET, among others. She is also currently the Secretary to the Board of the Institute of Environment and Water Management (IEWM).

Hein Gietema, M.Sc.

Hein Gietema brings a distinguished 20-year career in Finance, Development Banking and Consulting. Hein has worked as a financial advisor for various companies and in over 25 countries. He has a strong background in developing and structuring infrastructure funds and projects. At present he is responsible for the Fund Raising and Structuring efforts of the Water Finance Facility, that aims to mobilize local currency capital from local pension funds to credit worthy utilities in developing countries. His extensive career has seen him work as a non-executive director at Investment Fund Groningen BV and non-executive Director appointed by FMO on the board of Emerging Africa Infrastructure Fund (EAIF). He set up a Singapore based Private Equity fund focussing on investing in water sectors in emerging Asia. He is presently the owner/director of CSC Strategy and Finance, Rotterdam in the Netherlands. Hein also formerly held the positions of managing Partner at Ecorys Research & Consulting and Accounts Manager at NIB Capital Bank.”

Imran Kahn, CFA

Imran has over 14 years’ experience in investment services. He is the current Managing Director of Clusterwood Capital Ltd (a Seychelles based investment and Business Advisory Firm) and founder of – a Kenyan based online advertising firm. Imran has also formerly worked as the head of Fund Management – Britam Asset Managers (Nairobi), and Vice President of Swiss Re (New York).

Kevin Kamemba, CFA, CPA

Kevin is an Investment Manager at Incofin Investment Management, a financial service focused global PE Fund. He has a vast experience in investments, having covered Private Equity and Listed Equities across several markets in Sub Saharan Africa. His experience includes deal sourcing, deal screening, financial modelling, financial due diligence and structuring.

Kevin has an Economics (Hons.) degree from the University of Nairobi and is a CFA charter holder. Kevin is a member of the CFA Society in South Africa and the East Africa Society of Investment Professionals. He is also a Certified Public Accountant. Kevin previously served as an investment director at Ascent Capital and an Investment Analyst at Centum Investments Company Ltd and Dyer and Blair

Advisory Committee

Patrick Obath

Mr Obath has more than 31 years business experience working for the Shell group of companies in Europe, Asia and Africa. His last posting was the CEO of Kenya Shell and Shell Tanzania. He has served on many boards, both private and public. He presently serves on the Board of Standard Chartered Bank Kenya Limited and is a former director of Kenya Power and Lighting Company Limited, among others. He is currently the Managing Consultant of Eduardo & Associates. He is a BSc (Hons) Mechanical Engineering graduate of the University of Nottingham and is a member of the Institution of Engineers, Kenya and the Energy Institute (UK).

Edward Mungai

Mr. Edward Mungai is the Chief Executive Officer of the Kenya Climate Innovation Center (KCIC). He has a multifaceted background in business advisory, entrepreneurship, and investment management. He has previously worked with the Danish International Investment Fund (IFU) as an Investment Manager in Copenhagen as well as in Africa where he was the head of the regional office for IFU. Prior to joining IFU he was a manager at KPMG East Africa, responsible of Corporate finance and transactions services. He has thorough experience in development financing mechanisms for SMEs, with special interests in the agribusiness, renewable energy, and water and sanitation sectors. Mr Mungai holds an Executive MBA from the Scandinavian International Management Institute/Copenhagen Business School and a Business Management degree from Moi University, Kenya.

Dancun Onyango

Duncan Onyango is an accomplished senior executive who integrates strategy, organization, process, people, and technology to deliver business goals. He is the current Regional Director/CEO of Acumen Fund Inc. he has over 25 years’ track record of consistent achievement in corporate finance, operations, investment and general management. He has previously worked for Rift Valley Railways(Kenya & Uganda) as the Group Chief Finance Officer/ Executive Director; Quantum Africa, Kenya as the Managing Director and Principal Consultant; Strategic Workplace Limited, London as the Managing Director And Principal Consultant; Abbey National Treasury Services Ltd, London as Head of Knowledge Management, Wholesale Banking Division and Inscape Investments Ltd (Fund Management Arm of Abbey National) as Head of Training & Development, Wealth Management Division.

Catherine Kola

Catherine Kola has over 30 years’ experience covering Legal practice, Development Baking, company secretarial and administration in the Financial and Energy Sectors. She has previously served as the Chief Executive Officer of the Interim Independent Boundaries Review Commission, Kenya. She is an advocate of the High Court of Kenya, Certified Public Secretary of Kenya (CPSK) and an associate member of the Chartered Institute of Arbitrators. She holds a Bachelor of Laws (LL.B) Honors degree from the University of Nairobi and is the Chair of the KCB Foundation Board and Credit Committee. She also sits on the Board of KCB Bank Burundi, and is a member of the Risk and Credit Committees of the KCB Group.


KIFFWA consists of an onshore limited liability company which acts as the Fund Manager and Investment Advisor and an offshore Foundation / Stitchting based in the Netherlands, which is the fund, that performs the actual investments and owns the assets represented in those investments.