This was a great turning point in its adventure of growth and diversification as Sasini PLC is indisputably one of the oldest firms in Kenya to be listed on the Nairobi Securities Exchange. In the true spirit of an adventurous pioneer, Sasini PLC realised that Agricultural risks are best managed through product diversification. It was in this spirit that Sasini PLC entered the Tea sub-sector by acquiring a significant stake in its first Tea operation known as Kipkebe Ltd in the western side of the great Rift Valley region of Kenya in 1964.
Dr. Steve Omenge Mainda
Dr. Steve O. Mainda, holds a Doctorate (Honoris Causa) from the University of Eastern Africa. He also holds a Master’s Degree from Princeton University and a Diploma in Management from Cambridge University as well as a Diploma in Education from University of East Africa- Makerere College.
He is an Associate of the Chartered Insurance Institute, London and a Fellow of the Institute of Directors of London.
Dr. Mainda has a wealth of experience in Finance, Insurance, Strategic Management and Education. He is currently the Chairman of the following companies in Africa: Continental Reinsurance Company, headquartered in Nairobi; Asante Grain and Mining Company; Blue Nile Steel Group; Mediheal Group of Hospitals. He also sits on the Board of the following companies in Africa: Sasini Plc, Ryce East Africa,Tausi Assurance Company Limited, Dubai Islamic Bank Kenya, Mahathi Infra Uganda Limited, Tilisi Development Company and Monarch Insurance Company Limited.
As a Chairman and Director of various companies, he brings to the board, international business experience, management and executive leadership experience in operation, talent management and governance. In addition, his over 25 years in Management and Finance provides him with experience for the companies he serves.
Dr. Mainda served for many years as Chairman of Insurance Regulatory Authority of Kenya (IRA), 1992-2013. He was also a long serving Chairman of the largest housing bank in Eastern Africa (Housing Financing Group of Companies).
In recognition of his distinguished service to Kenya and East Africa, he was awarded Elder of the Order of the Burning Spear (EBS) by President H.E. Mwai Kibaki.
He was appointed to the Board of Sasini PLC on 21 st September 2012.