The Nairobi Securities Exchange (NSE) has set the record straight over rumors that its current board chairman, Kiprono Kittony, is no longer at the organization. In its latest statement to address the rumors circulating on social media and elsewhere, the exchange stated that Kiprono Kittony is not out yet and will step down in July 2026.
In its Wednesday announcement to the press, the NSE declared that all claims of Kiprono Kittony’s departure from his position as the NSE board chairman were false and baseless. In its statement to set the records straight, the exchange stated that Kiprono Kittony is still at the organization and remains its current chairman. His term at the organization is set to end in July 2026.
His term at the organization is set to end in July 2026. Although his term is ending in July 2026, his term as a director at the organization is set to end in June 2027
Kiprono Kittony is known for his extensive experience in Kenya’s business scene and has served as the current chairman of the exchange since 2020. His term was extended in 2025 for one year.
Under his leadership, the NSE board has implemented various governance strategies to boost investor confidence and improve Kenya’s capital markets. It has also implemented various strategies to increase listings on the NSE.
His recent appointment as the new chairman of Kenya Airways has been met with rumors of his departure from his position at the NSE. He made a brief reference to his new role as chairman of Kenya Airways on March 10 during his address to mark the listing of Kenya Pipeline Company shares on the NSE.
Kenya Airways is currently undergoing restructuring to make it profitable after years of losses.
Under Kiprono Kittony’s leadership, the NSE is advancing its governance strategies. There have been various claims of his departure from his position at the NSE. Such claims fall under the guidelines of the Capital Markets Authority on governance.
