Obituaries

Nuru Mugambi: Transforming Banking and Advocating for Women in Kenya

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Nuru Mugambi, formerly Director of Public Affairs and Sustainable Finance at the Kenya Bankers Association (KBA), has been a transformative force in Kenya’s banking sector. She championed the Sustainable Finance Initiative and played a pivotal role in launching East and Central Africa’s first certified green bond, setting a regional benchmark in environmental, social, and governance (ESG) principles.

: Honouring Nuru Mugambi, a visionary in sustainable finance and gender advocacy. Her inspiring journey reshaped Kenya’s banking sector and empowered women globally.

Nuru Mugambi (5th September 1977 – 12th November 2024) was a visionary leader, a pioneer in sustainable finance, and a relentless advocate for women’s economic empowerment.

 Extraordinary professional achievements, dedication to equity, and resilience against significant health challenges marked her journey.

Education and Early Career

At 19, Nuru left Kenya for the U.S. to pursue a business strategy course at Kennesaw State University.

 Despite financial difficulties, she excelled academically while working in campus catering and later secured an internship at Edelman PR, where she gained invaluable experience. 

Her work ethic and perseverance propelled her career, leading to roles at global institutions, including Barclays Bank, where she served as Head of Corporate Affairs, in Kenya.

Professional Achievements

Nuru’s contributions to Kenya’s banking sector were transformative.

 As Director of Public Affairs and Sustainable Finance at the Kenya Bankers Association (KBA), she championed initiatives such as the Sustainable Finance Initiative, driving environmental, social, and governance (ESG) principles in banking. 

She played a pivotal role in launching East and Central Africa’s first certified green bond, setting a regional benchmark in sustainable finance.

In 2015, Nuru was inducted as an Honorary Fellow of the Kenya Institute of Bankers, recognising her contributions to the industry. She also co-founded the Kenya Chapter of Graça Machel’s New Faces/New Voices, a Pan-African network advocating for women’s economic empowerment.

Leadership and Recognition

Nuru was deeply involved in leadership and mentorship roles.

 She was a Board Member at KEPSA, advised the Sustainable Banking and Finance Network, and mentored women entrepreneurs through Astia’s women-owned portfolio companies.

Her achievements earned her numerous accolades.

 In 2016, she was selected for the inaugural Eisenhower Fellowships Africa Program, introduced by former U.S. Secretary of State Colin Powell and recognised by President Barack Obama. She was later appointed Chair of the Board of Directors for Eisenhower Fellowships–Kenya.

In 2021, she received the Sheth International Alumni Award for Exceptional Achievement from Georgia State University, further cementing her status as a trailblazer.

Personal Resilience

Nuru was diagnosed with lupus at 33, a condition she managed with immense strength for 15 years.

 In 2024, she faced a severe health challenge when diagnosed with Catastrophic Antiphospholipid Syndrome (CAPS). Admitted to Aga Khan University Hospital on 5th August 2024, she continued her battle with the same courage that defined her career.

A Legacy of Inspiration

Nuru’s life was a testament to determination, innovation, and impact. As a champion of sustainable finance and women’s empowerment, she left an indelible mark on Kenya’s financial landscape.

 Her story inspires a generation to pursue excellence, advocate for equity, and rise above adversity.

Her legacy lives on in the initiatives she championed, the leaders she mentored, and the barriers she broke for women in finance.

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