Karimi Ithau named Kenswitch MD

Karimi Ithau, Kenswitch Managing Director.
Karimi Ithau, Kenswitch Managing Director. PHOTO/COURTESY

Nairobi-based payment service provider Kenswitch has selected Ms. Karimi Ithau to steer the firm, as its new Managing Director, during its ongoing local rebranding and expansion process.

“We are confident that Ms. Karimi Ithau has what it takes to steer our Kenyan market to the next level. As a board, we would like to congratulate her and assure her of our continued support as we seek to provide innovative payments across the East African region,” said Kenswitch Chairman Yousef Bazian in a statement.

Ms. Ithau has over 20 years of experience working in the information technology sector having played roles in the sales of groundbreaking payment-related products and services for both financial and non-financial institutions.  She has done stints at Paynet (K) Limited as the General Manager and Head of Business Development and she has similarly held the position of Head of eBanking – Corporate and Institutional Banking Division at the Standard Chartered Bank.  Her most recent role saw her operate as the Head, Sales Network at Interswitch, a position she held for the last five years. The new Kenswitch MD has also demonstrated experience working as an executive team manager.

Ms. Ithau holds a degree from the UK School of Computer Technology and a leadership training certification from Dale Carnegie and Associates. She is also a member of the Young Leadership Program and the Organisation of Women in International Trade

Kenswitch is expected to implement its rebranding and expansion plans across all business segments in the next few months after receiving approval from the Central Bank of Kenya.

“The rebranding effort, among other initiatives, builds on many improvements the firm has made to the business in recent years. Our commitment to this market is focused on positioning our unmatched product breadth, geographical reach and strong leadership team backed on the strong pan-African success of Loita Group in over 18 countries across Africa,” Kenswitch Chairman Yousef Bazian concluded.  

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