Kenya’s Carole Wamuyu Appointed Chief Operating Officer of AFDB’s Africa 50 Fund

Appointment

Africa50, an infrastructure fund owned by 23 African governments, the African Development Bank, and institutional investors has announced the appointment Carole Wamuyu Wainaina as Chief Operating Officer.

Carole Wamuyu, a kenyan citizen will lead a multi-disciplinary team on the non-investment side of the organization, including Investor Relations, Strategy, Communications, HR and Administration, and Environmental and Social Governance.

“I am delighted to welcome Ms. Wainaina to Africa50,” said Akinwumi Adesina, President of the African Development Bank and Chairman of the Board of Directors of Africa50. She has substantial private sector experience and recognized global organizational leadership and team building skills. This will be critical as we continue to build Africa50 into a high performing investment platform for infrastructure project development and investment in Africa, with a diverse group of investors from African governments to the private sector.”

Before joining Africa50, she served as the Assistant Secretary General for Human Resources of the United Nations, leading transformational initiatives for the Secretary General and member states. Prior to joining the United Nations in 2014, Ms. Wainaina held senior positions for more than two decades at multinational corporations in Turkey, the United States, the United Kingdom, the Netherlands, and Kenya.

She served for three years on the Executive Committee of Royal Philips in the Netherlands as Executive Vice President and Chief Human Resources Officer. Prior to this, she worked for 13 years at Coca-Cola in senior roles, including Chief of Staff of the Chairman and CEO, Group HR Director Eurasia and Africa, and President of the Coca-Cola Africa Foundation.

She started her career at Price Waterhouse Coopers in Kenya. She holds a Bachelor of Business Administration Degree from the University of Southern Queensland in Australia.

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