The Board of Directors of Bamburi Cement PLC has appointed David Tito Koros as a non-executive director of the company effective 7th December 2023.
He replaces Austin Ouko who resigned from the cement producer as a non-executive director on the Audit and Risk Compliance Committee on 30th November 2023.
Koros is the current Managing Trustee/Chief Executive Officer (CEO) of the National Social Security Fund (NSSF).
Prior to that, Koros served as the Chief Executive Officer of the Local Authorities
Provident Fund (LAPFUND), which handles retirement funds for all county government and water company employees.
He also worked in investment management at Stanbic Investment Management (EA) Services Limited, CFC Financial Services, the Retirement Benefits Authority (RBA), and the Kenya Tourist Development Corporation (KTDC).
Koros has a Master’s degree in Public Policy Management from Strathmore University.
He also has a professional certification in Public Policy Management from New York University.
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He has attended various leadership programmes including the Global Leadership Programme from the Gordon Institute of Business Science (GIBS) at the University of Pretoria.
Koros is a holder of a Bachelor of Arts in Economics from the University of Nairobi (UoN).
“The Board of Directors is confident in Mr. Koros’s financial, investment, people leadership, and organizational change capabilities. It thanks Mr. Ouko for his three years of value, expertise, insight, experience, and resources, and wishes him well in his future endeavors,” stated Bamburi Cement PLC Chairman John Simba.