According to the Trading Room, Hilda Njeru is set to take up the CEO role in an acting capacity at the Central Depository and Settlement Corporation (CDSC) with effect from 1st October 2019. Hilda Njeru will replace Rose Mambo who took up the role in 2007.
Hilda Njeru has been the CDSC Company secretary and headed the legal and compliance department for the past five years. Her main duty has been to provide legal services to CDSC and its subsidiaries and ensure the company’s compliance with legal and regulatory requirements.
Hilda Njeru holds a Masters of law degree and a Bachelor of law degree from The University of Nairobi. She holds a post-graduate diploma in law from the Kenya School of Law and is an advocate of the High Court of Kenya.
Additionally, she is a Certified Public Secretary as well as a Certified Public Accountant. Hilda has 9 years of experience in the field of financial law, compliance, banking, and capital markets.
CDSC is a limited liability company approved by the Capital Markets Authority and incorporated on 23rd March 1999 under the Companies Act 2000. It officially started operations on 10th November 2014. Its main function is to provide automated clearing, delivery and settlement facilities in relation to the transactions carried out at the Nairobi Securities Exchange as well as holding of listed and non-listed securities on behalf of investors.