Former ICT CS Joe Mucheru Appointed President of UK Fintech Company Jumo

Former ICT Cabinet Secretary Joe Mucheru has been appointed the president of British financial technology company Jumo.

Mucheru broke the news about his appointment through an update on his LinkedIn profile, where he said he will support the London-based company to deliver its growth goals, navigate the regulatory landscape, and build its presence across the African continent.

Jumo partners with banks, mobile network operators and other e-commerce players to deliver progressive financial choices to customers, according to the company’s Crunchbase profile.

With operations in emerging markets across Africa and Asia, the company mainly targets micro and small to medium enterprises that need instant access to finance so they can grow and invest.

The company, which was founded in 2015, boasts a reach of 10 million customers.

Mucheru served as the Cabinet Secretary for ICT, Innovation and Youth Affairs in former president Uhuru Kenyatta's administration from 2015 to 2022.

Before joining the Cabinet, he was the head of Sub-Saharan Africa for Google, based in Nairobi.

Mucheru previously served as CEO of Wananchi Online, the parent company of internet service provider Zuku, which he co-founded in 1999.

He is an alumnus of City, University of London, where he graduated in 1993 with a bachelor’s degree in Economics and Computer Science.