The Fintech Association of Kenya (FINTAK) has announced the appointment of Dr. Juliet Ongwae as a Board Director, effective May 20, 2024.
With over two decades of experience in digital financial services (DFS), Dr Ongwae is celebrated for her leadership in digital transformation across Sub-Saharan Africa and Southeast Asia.
Extensive Background in Digital Financial Services
Dr. Ongwae currently holds the position of Senior SupTech Specialist at the Cambridge SupTech Lab, University of Cambridge. Her career highlights include collaborations with government entities and financial institutions to develop and implement innovative digital payment systems.
Read also: Cybersecurity levy circular withdrawn by CBN
She has held significant roles at MicroSave Consulting and Musoni Microfinance. Her tenure at the Central Bank of Kenya, spanning over a decade, was marked by her pivotal role in modernising payment systems and shaping vital financial policies and regulations.
Dr Ongwae’s academic credentials include a PhD from the University of Manchester. She has successfully leveraged technology to enhance regulatory compliance and financial supervision through her expertise in policy design, DFS strategy development, product innovation, and data analytics.
Strategic Leadership at FINTAK
In her new capacity at FINTAK, Dr Ongwae will head the SupTech/RegTech Committee, steering the fintech community towards more innovative and efficient regulatory practices. This role aligns with FINTAK’s mission to advance Kenya’s fintech sector by harnessing technology to foster a more inclusive financial ecosystem.
“We are delighted to welcome Dr Juliet Ongwae to our Board of Directors,” said Duncan Motanya, Chairperson of FINTAK. “Her extensive experience and innovative approach to financial technology make her a valuable addition to our team. We look forward to her contributions and leadership in fostering a robust fintech environment in Kenya.”
Read also: Bank of Ghana approves Zeepay for outbound money transfers
Dr Ongwae’s appointment is set to bolster FINTAK’s strategic initiatives significantly, enhancing the association’s impact on the fintech industry in Kenya and beyond. Her expertise and visionary leadership will drive the adoption of cutting-edge regulatory technologies, ensuring that Kenya remains at the forefront of financial innovation.
About the Fintech Association of Kenya (FINTAK)
The Fintech Association of Kenya (FINTAK) is Kenya’s fintech industry’s leading voice and umbrella body. The association is a hub for education, information sharing, and networking among companies, policymakers, other associations, and the public. FINTAK is dedicated to promoting the growth and development of the fintech sector in Kenya, advocating for policies that support innovation and inclusion.