Wednesday, January 26, 2022

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Mr. Joseph Kipchumba Kigen Katwa – Non-Executive  

Chairperson KigenMr Kigen is a graduate of the University of Nairobi with a Bachelor of Laws LL.B (Hons.) degree and was admitted to the Bar as an Advocate of the High Court of Kenya in 1996. He has been in continuous practice since then. Katwa commenced his legal practice with the firm of Nyairo & Company Advocates before moving on to the firm of Kibet & Company Advocates and later Ochieng, Onyango, Kibet & Ohaga Advocates.

He has over the years handled various commercial transactions for leading commercial banks, manufacturing and general business companies & Co-operative Societies. He has handled Conveyancing, Commercial Work, Bank Security Documentation, Debt Recovery, Civil Litigation & Appeals, Arbitration, Corporate governance law issues, Succession, Divorce, Land Law and Criminal Defense. He is a founding Partner at Kigen& Kemboy Advocates. He is also a Certified Public Secretary and Commissioner for Oaths.


Managing Director 

Mrs. Kellen Eileen Kariuki, FCPA(K)

CEO KelleneMBS Kellen Eileen Kariuki, MBS is the Executive Director and CEO of Unclaimed Financial Assets Authority. She was appointed to the position in February 2015. She is a Fellow of the Institute of Certified Public Accountants of Kenya.

Kellen served Citibank N.A for 23 years, where she held several positions of senior leadership. She has held numerous Board positions such as the Chairperson of Citibank Tanzania Limited, Director AMREF International, Director Resolution Insurance Limited, Director in Citibank Uganda Limited, Chair of the Citibank Kenya Provident Fund, Director of Cititrust (Kenya) Limited, and Director Kenya Roads Board (KRB). She is a founding member of the Board of Advisors of the Strathmore Business School; and has served as an elected council member of ICPAK.

Kellen was awarded “The Moran of the Order of the Burning Spear” (MBS) by the President of Kenya in December 2003. She was recognized by the Kenya Institute of Management as the “Professional Manager of the Year” during the Company of the Year Awards in 2003. Kellen has a degree in Accounting and MBA in Strategic Management from United States International University and an MSc in International Human Resource Management from Cranfield University in the UK.

The Unclaimed Financial Assets Authority (UFAA) is an Authority created under the Unclaimed Financial Assets Act, No. 40 of 2011 to administer unclaimed financial assets. The primary mandate of the Authority is to receive unclaimed financial assets from the holders of such assets, safeguard and re-unite the assets with their rightful owners.
The mandate of the Authority is to:-

  • receive, safeguard, invest and disburse unclaimed financial assets
  • receive all payments required by the Act to be made to the Fund
  • ensure that holders of unclaimed financial assets either re-unite them or surrender them to the Authority
  • carry out inspection of unclaimed financial assets to ensure accurate reporting
  • ensure that all relevant information on unclaimed financial assets is submitted to the Authority and maintained in the database
  • assume custody of the rights of unclaimed financial assets holder
  • locate and notify owners of the unclaimed financial assets
  • make payments out of the Fund to the rightful owners in accordance with the provisions of the Act.
  • manage and invest the funds of the Authority;
  • implementation of unclaimed financial assets policies and procedures.
  • act as the Trustee to the Fund in accordance with Part V of Unclaimed Financial Assets Act
  • enforce, and generally administer, the provisions of the Unclaimed Financial Assets Act
  • advise the Cabinet Secretary on the national policy to be followed with regard to unclaimed assets
  • to implement all government policies relating to it; and perform such other functions as are conferred on it by the Unclaimed Financial Assets Act

Unclaimed Financial Assets Authority,
Pacis Centre, 2nd Floor, Slip Road, Off Waiyaki Way, Westlands,Nairobi.
P.O Box 28235-00200, Nairobi, Kenya.
Phone: 020 4023000, 020 4343440, 0706866984, 0736559152
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


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