Corporate Leadership

Mr Luke Kinoti is the immediate former Managing Director & CEO of Suntra Investment Bank, a leading Stock brokerage company in Kenya. Before joining Suntra Investment Bank, he was the Group Chief Executive, of Fusion Capital Group, a Private Equity and Real Estate company that he co-founded with presence across East Africa. In 2016, he pioneered the launch of the first Development Real Estate Investment Trust (D-REITS) in the continent. The company also successfully sponsored the building of Kigali Heights, a modern Mix-use complex in Kigali City, Rwanda among other notable ventures in East Africa. He voluntary retired in March 2017 to join Suntra Investment Bank. He was also the Founding CEO of ECLOF Kenya, a private financial institution, with Headquarters in Geneva, Switzerland.

Suntra Investment Limited : Shareholder, Managing Director & Chief Executive (CEO)

Key achievements include:

Preparation of the company’s Strategic Plan (2018-2022)
> Development of a partnership with Postbank Kenya as an agency
> Applied and received NSE Nominated Advisor (NOMAD) license
Applied and obtained ICIFA registration
>Initiated Board training in Corporate Governance

Retired at the expiry of the two-year contract to pursue other business interests.

Postbank managing director Anne Karanja with outgoing Suntra Investment CEO Luke Kinoti and former chairman Nguru Wachira during the signing of a partnership in March 2018. PHOTO | SALATON NJAU | NMG
Fusion Capital Group of Companies : Co-Founder, Shareholder and Group Chief Executive Officer (GCEO)

Management & Leadership successes:

> Expansion of Fusion Capital into the East African region in 2010-2011, by establishment of subsidiaries in Rwanda, Uganda and Tanzania.

> Growth of the SMEs credit/loan business portfolio from KES 5 million in 2006 to over KES 380 million in 2013.

> Growth of private funds under management from GBP 465,000 in 2006 to GBP 22 million in 2012 (which is part of the GBP 100 million fund).

> Establishment of 2 fully fledged and regulated subsidiaries; Fusion African Access Limited Partnership (FAALP) fund in Guernsey (No. 2017073) in 2011, regulated by the Guernsey Financial Services Commission (GFSC), as the first in a series of closed-ended private funds for UK investors interested in investing in the East African region and Fusion Investment Ltd, regulated by Capital Markets Authority (CMA) in Kenya as a fund manager and REITs manager.

> Establishment of Fusion Capital Asset Management (Guernsey) Limited (FCAMGL) in 2011, as a limited liability company regulated by the GFSC and the General Partner of FAALP responsible for management of FAALP. Fusion Capital Limited functions as the Investment Manager on behalf of FCAMGL in the East African region. Mr. Kinoti served as an Executive Director for FCAMGL.

> Established the first Development Real Estate Investment Trust (D-REIT) in 2016, seeking to mobilize KES 7.14 billion to fund commercial and residential projects in Kenya.

> Successfully completed the funding, building and opening of the USD 40 million, Kigali Heights in December 2016, a premier mixed-use modern building in Kigali, Rwanda.

> Key Real Estate’s projects includes, Meru Greenwood Mall; Thika Royal Palms; Amani Ridge Ruiru, Kitengela Plains; Marina Creekside Luxury Apartments ( Mtwapa); 4th Ngong Avenue Towers Office block; Flamingo Towers Office Block; Graceland Villas (Athi River); Montey Apartments (Nakuru);  Goldmrk Apartments (Kampala) and Kigali Heights (Rwanda)

> Established Fusion Insurance brokerage business in 2014, to support risk management to the group’s various business entities.

> Established the Fusion Umbrella Retirement Benefits Scheme in 2015 to provide upcoming SMES long term savings and investment opportunities

Luke Kinoti, a co-founder of Fusion Capital
ECLOF Kenya : Founding Chief Executive Officer

Management & Leadership successes:

> Reconstituted and established ECLOF Kenya as company and national Microfinance institution registered as a private company with an independent Board of Directors.

> Assisted in the reorganization of ECLOF committees to independent companies in Uganda, Malawi and Sri-Lanka.

> Recruited and established the Board of Management and other governance structures including relocating from National Council of Churches premises to independent office premises.

> Oversaw the growth of ECLOF loan book from KES 2 million to KES 140 million with 4 branches across Kenya.

> ECLOF became a member of the World Council of Churches (WCC) Economic and Project Funding for Africa.

> ECLOF became a member of WCC decade of solidarity with women study team in South Africa.

> Organized and coordinated the first ECLOF International Convention in 1997 in Nairobi bringing together all the 37 ECLOF affiliated institutions worldwide.