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Rose Lumumba

Rose works for the World Bank Group in the International Finance Corporation’s Africa Corporate Governance Advisory Program. She provides Corporate Governance interventions to companies, businesses, regulators, and market intermediaries across Sub-Saharan Africa.

Prior to joining IFC, Rose worked in the Securities Industry in Kenya as the Director, Corporation Secretary and Communications and was the chief legal advisor to the Capital Markets Authority. Mrs. Lumumba has also previously worked in various other capacities at the Authority including as overall in charge of the development of the Legal Framework in which role she spearheaded the drafting of the current legal framework, head of enforcement and as a company secretary. Rose is fully involved in providing solutions to clients in corporate governance and social responsibility.

She works with boards of directors and board committees of companies and institutions, providing insight on leading practice, enhancing their ability to comply with evolving regulations and expectations, and benchmarking their processes against leading practices. Rose is a specialist in development of Corporate Governance Frameworks, training and practice, board evaluations training and practice, financial law, capital raising advisory and has extensive experience in capital markets and investment banking, she is a strong manager, mentor and team leader in multi-cultural settings, she is also an AoEC Accredited Executive Coach who passionately walks with and supports those she works with to reach their goals.

She has designed and facilitated training of trainers in corporate governance and board training and development sessions for large financial institutions in Africa. 

In line with her passion for leadership, Rose Co-founded the Women on Boards Network which builds capacity for women with an aim of filling the pipeline with leadership- ready women. Rose has been a guest speaker in various fora on diverse topics.

Rose is an Advocate of the High Court of Kenya and a holder of a Bachelor of Laws and Masters Degree in Business Administration (strategic management) from the University of Nairobi and is currently undertaking a Doctorate in Business Administration specializing in Organizational Behavior at the same university.

OnRisk Report 2021

In the 18 months since the COVID-19 pandemic first shuttered the world, organizations have learned to embrace the unexpected. Board members, C-suite executives, and chief audit executives — the key players in risk management — now know that low likelihood/high impact risks must be given greater consideration. This realization has jolted boards into greater awareness of risk management weaknesses, energized senior management to build more nimble and resilient organizations, and positioned internal audit to deliver broader value.




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