Former Cabinet Secretary for Information and Communication Technology (ICT) Joe Mucheru has landed a new appointment only four months after leaving his cabinet job.
Mucheru is now the President of Jumo, a financial technology (fintech) company which is based in Cape Town, South Africa and London, UK.
He confirmed the appointment on his LinkedIn profile pledging to support Jumo to deliver its growth goals, navigate the regulatory landscape and build its presence across Africa.
“I’m hugely excited to be joining a business that is helping capital providers make attractive returns at the same time as supporting measurable impact," said Mucheru.
According to its profile, Jumo works with banks, Mobile Network Operators (MNOs) and e-commerce players to offer financial products in emerging markets across Africa and Asia.
The fintech targets mainly MSMEs that need instant access to funding to enable them to grow and invest and boasts of a reach of 10 million customers since it was founded in 2015.
Mucheru, who left cabinet in September 2022 as Prsident William Ruto named his new cabinet, was appointed to the position by former President of Uhuru Kenyatta in 2015.
“He brings a wealth of government experience and in-depth knowledge of pan-African tech to the JUMO executive team and board,” said Jumo.
The former CS was previously the head of Sub-Saharan Africa (SSA) for Google and was based in Nairobi serving as Google’s first SSA employee after joining the tech giant in 2007.
While at Google, he led the delivery of strategy, business planning and operations and played a significant role in establishing Google’s presence on the African continent.
Before that Mucheru worked at Wananchi Online, the parent company of internet service provider Zuku, a company that he co-founded in 1999.
He is a global board member of UNICEF Generation Unlimited, the world's first public-private-youth partnership working to skill and connect the world's 1.8 billion young people to opportunity, as well as a Trustee of the University of Nairobi Foundation.
The tech guru previously served in the board of M-Pesa Foundation Academy, international money transfer platform Bitpesa (now Aza Group), as well as non-profit GiveDirectly.
The former cabinet minister also formerly chaired the African Telecommunications Union, is a member of the African Leadership Network, Kenya National Prayer Breakfast and East African Business Summit.
In 2010, Mucheru was awarded the Moran of the Order of the Burning Spear (MBS), and in 2016 the Elder of the Golden Heart (EGH) in recognition of his contribution to ICT in Kenya.