Previous Leadership Responsibilities


Investment Advisor & Chief Operating Officer

Premier Healthcare Group

Spearheaded the group’s investment in a greenfield start up tier one hospital charged with operationalizing, streamlining and turning around all business operations. Coordinated and implemented the approved business model and gave oversight for the development of high-quality, cost-effective, and integrated clinical programs for the hospital and specifically responsible for the development of the functions of finance, operations procurement, ICT, marketing, product development, public relations and stakeholder management.

Chief Executive Officer

ICPAK (Institute of Certified Public Accountants of Kenya)

Lead in the development and execution of the long term strategy with a view of creating enhanced stakeholder value. Ultimately engaged in day-to-day management decisions and implementation of long and short term plans. Direct Liason between the Council/board and management. He communicated on behalf of the Council to stakeholders who included, employees, members, Government authorities and the public

Director Private Sector Enablers & Competitiveness

National Economic and Social Council of Kenya

Lead in reviewing policies meant to improve competitiveness of Kenya's private sector by ensuring uptake of private sector proposals into public policy. He benchmarked the best practice and the best in class in private sector development and thereof proposing strategies for deepening the enablers of Kenya's Vision 2030

Finance and Administration Director

Postbank Kenya, Kenya Post Office Savings Bank

Lead in maximizing the return on financial assets by establishing financial policies, procedures, controls and reporting systems. Ensured legal and regulatory compliance for all accounting and financial reporting functions. Financial advisor to the CEO and departmental heads on all financial matters of the organization.

Finance and Administration Manager

Housing Finance Bank - HFC, Kenya

Responsible for the cost and general accounting, accounts receivable, accounts payable, cash-flow, payroll and risk management. Financial advisor to the CEO and departmental heads on all financial matters of the organization.

Chief Financial Officer

The Aga Khan Hospitals

Responsible for good financial health of the organization by deploying financial management strategies for superior returns on all assets and investments. Financial advisor to the CEO and departmental heads on all financial matters of the organization.

NOTABLE
ACHIEVEMENTS

Corporate Finance Achievements


* Maximized value addition and return on investment in family led businesses to ensure generational survival. Through skillful team leadership, some of the businesses have quadrupled their top line performance as well as returned impressive EBITDA and cashflow.

* Conducted several business transfomation assignments for making businesses investor ready, and creating appetite for external business take over

* Conducted several cost management assignments to improve business operational ratios, and management efficiency ratios, and overall return on investment

* Managed to fund raise for equity, debt, trade finance and grants amounting to millions of USD

* Current pipeline funding deals for equity, debt, trade finance, and grants amounting to millions of nine digits USD

* Modeled various capitalization structures to recommend optimal financing alternatives

* Developed several confidential Information Memorandums, teasers and valuation models to validate performance outlook and guide transaction rationale for potential acquirers, shareholders and management

* Conducted coordination oversight for merger due diligence and post-merger integration of a major retail player in Kenya

Human Capital Achievements


* Conducted a human resource audit leading to a change management assignment that witnessed radical alignments of the organizational structure and culture.

* Developed an organization-wide performance management framework that resulted to a performance oriented culture leading to better quantitative and qualitative results.

* Developed an organization-wide training and development action plan which resulted into upskilling and better employee performance

* Recommended and introduced employees engagement forums which improved uptake of employee innovations and better management of organizational dynamics

Public Policy Achievements


* As a Director in-charge of private sector development in the Government Economic Council, I coordinated and participated in development of various public policies mainly on private sector development which led to improved competitiveness of Kenya’s private sector

* On Public-Private dialogue matters, I managed to negotiate and develop collaborative engagements with various private sector players which enhanced escalation and uptake of private sector matters within policy.

* Led in the process of benchmarking with the most competitive countries in the world and assisted in the development of appropriate policies and related matters to achieve competitive advantage for Kenya

* Facilitated in the identification of gaps in Kenya’s competitiveness both externally within COMESA/EAC and internally among different regions and sectors.

* As a technical advisor on competitiveness matters, I provided input in the identification of required interventions to fill identified policy and strategy gaps.

* Helped to improve use of existing networks and systems as well as suggested new ones to enable leveraging to be done on Kenya’s competitiveness.

* Lead facilitator on study report on foreign direct investments in Kenya (2013)

* Lead facilitator on baseline study report on markets infrastructure development in Kenya (2013)

* A key validation expert on Kenya’s strategy for East Africa regional integration in year 2012

* Significantly contributed in the review of the Public Private Partnership framework for Kenya (2012)

* Contributed in the development of the Kenya Vision 2030 second Medium Term Plan

* Significantly contributed in the study report on use of credit guarantee schemes for economic growth and empowerment in Kenya (2013)

* Significantly contributed in developing policy framework for harnessing natural products sector in Kenya (2012)

* Contributed in the development of Labour Productivity Policy for Kenya (2011)

* Think tank member on improving Doing Business in Kenya (2011-2013)

* Technical expert contributor on development of cluster development policy for Kenya (2011-2012)

* Served in many Government technical advisory taskforces and committees on various macro-economic matters of the Country

Scholarly Achievements


* Successfully supervised and graduated many PhD graduates

* External examiner for many PhD Dissertations and Masters Theses

* Widely published in many peer reviewed Journals and white papers

* Academic Counselor in Finance, Accounting, Commerce and Economics at Indira Gandhi National Open University

* Senior Scholar at University of Lusaka



Academic Qualifications


PhD (Economics)

Doctor of Philosophy in Economics



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PhD (Business Administration)

Doctor of Philosophy in Business Administration(Finance)

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MA (Economics)

Masters of Arts in Economics



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MBA

Master of Business Administration(Strategic Management)


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B.Ed (Hons)

Honors Bachelors Degree in Education

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Professional
Qualifications


CPA(K)

Certified Public Accountant of Kenya
Finance and Accounting

CHRP(K)

Certified Human Resource Professional of Kenya
Human Capital

CPS(K)

Certified Public Secretary of Kenya
Governance and Company Secretarial

CIFA(K)

Certified Investment and Financial Analyst of Kenya
Investment and Finance

CIPS(UK)

Chartered Institute of Procurement and Supply of UK
Procurement and Supply

CEIAA

Postgraduate Certificate in Environmental Impact Assessment and Audit
Africa Nazarene University of Kenya, Environmental Governance


* Attended many high impact short courses on leadership

Lifelong High Impact Courses


Mining Policy Analysis and Mining for Development

Public Private Partnership Policy

Strategic Negotiation for Top Managers

Quality Management Systems and Standards

International Financial Reporting Standards

Diploma in French: Diplôme D’Etudes En Langue Française (DELF A1 & A2)

Pre-University Paramilitary Training on Loyalty & Commitment

Professional
Memberships


ICPAK

Institute of Certified Public Accountants of Kenya

IHRM

Institute of Human Resource Management of Kenya

ICPS(K)

Institute of Certified Public Secretaries of Kenya

ICIFA

Institute of Certified Investment and Financial Analysts

KISM

Kenya Institute of Supplies Management

KIM

Kenya Institute of Management

IEA

Institute of Economic Affairs

Social
Memberships


Parklands Sports Club

Thika Sports Club

African Christian Church & Schools(ACC&S)

Presbyterian Church of East Africa(PCEA)

Moi University Alumni

University of Nairobi Alumni

JKUAT Alumni

International Mining for Development Centre Alumni

Alliance Francaise De Nairobi Alumni

College of Human Resource Management Alumni

Voluntary Community Service


Chairman

Nyumba Sacco Limited (2007 - 2020)

Chairman

Nyumba Housing Cooperative Society Limited (2011 - 2019)

Vice Chairman

Primefuels Sacco Ltd (1999 - 2002)

Chairman Board of Governors

Mung’aria Secondary School, Murang’a County (2009 - 2012), also Board member in other schools

Chairman

Kandara Constituency Rural Roads Development Committee (2009 – 2013)

Chairman

Kandara National Government Constituency Development Fund Committee (2009 – 2012)

Mentor and Coach

To many people in their career and life long goals

Publications

Published in Peer Reviewed Scholarly Journals & Theses



Memorable Books & Publications

Memorable Schools

Mung'aria Primary School

Githumu Primary School

Kigumo Bendera High School

Githumu High School

Senior Chief Koinange High School

Likoni High School

Daku Secondary School

Kiborgok High School




Contact Patrick:

pn@patrickngumi.com