CarePay bulks up Board with two new appointments

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(L-R) Newly appointed CarePay Chairman John Ngumi, CEO Kees Van Lede and board member Jagi Gakunju after the formalisation on the new CarePay board appointments.

CarePay Limited  announced the appointment of Mr. John Ngumi as the new chairman of its Board of Directors and the appointment of Mr. Jagi Gakunju to the Board.

CarePay is the Kenya-headquartered company that uses mobile technology to manage healthcare payments between funders, patients and healthcare providers. It is the developer and administrator of M-TIBA – which it runs in partnership with PharmAccess Foundation and Safaricom.

Kees Van Lede, CEO, CarePay Limited says, “John and Jagi bring experience that is vital to helping CarePay bridge the healthcare divide in Kenya. They will help us forge new partnerships and scale up to serve all Kenyans.”

Mr. Ngumi, is one of Kenya’s most accomplished investment bankers and has helped many multinational and local firms to raise equity and debt. Mr. Ngumi handled some of the largest financing deals in the region and was among the team that helped arrange Kenya’s maiden sovereign bond in 2014. He is currently the chairman of Kenya Pipeline Company.

Speaking on his appointment, Mr. Ngumi says, “It is great to be a part of the CarePay family. The company is at the forefront of healthcare inclusion by helping all Kenyans – regardless of income – get access to better healthcare. I am delighted to lead the Board, as well as helping expand partnerships and embed the company in Kenyan society.”

Mr. Gakunju has experience in the healthcare sector, having worked at AAR for 22 years (11 of them as CEO of the group). He was also responsible for bringing in key debt and equity investors.

Mr. Gakunju says,” I am excited at the prospects of working with the CarePay team to broaden the use of mobile health wallets. Kenyans need to be able to access healthcare if we’re going to achieve our Vision 2030 goals. We simply won’t accomplish this without smart, scalable technology solutions, like M-TIBA.”

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