Geoffrey Monari named Helb CEO
Universities Fund CEO Geoffrey Monari has been named the new Helb boss.
Geoffrey Monari has been appointed the new chief executive officer of the Higher Education Loans Board (Helb), effective March 13, 2025.
The announcement was made by Helb board chair Ekwe Ethuro.
"The board is confident that Mr Monari’s vast experience, leadership acumen and deep understanding of the higher education financing landscape will provide the vision and leadership necessary to propel Helb to new heights," the board said in a statement.
The appointment of Mr Monari, who currently serves as CEO of the Universities Fund, comes at a time when the country is grappling with funding higher education.
Mr Monari, is the CEO of the Universities Fund. The statement said, joins the Helb with over 15 years of senior management expertise.
He is not new to the organisation as he previously served as its chief operations officer from 2016 to 2020 when he left to serve as the first CEO of the Universities Fund.
He holds a master of Business Administration degree and a Bachelor of Commerce degree.
He takes over from Charles Ringera whose contract ended after serving as CEO for 12 years. During the interim period when Mr Ringera was on terminal leave, Shem Andrew Gichimu, the chief operating officer, assumed the role of Acting CEO.
Helb advertised the position in December 2024.
The Cabinet has approved a proposal to merge the Helb, the Universities Fund and the Kenya Universities and Colleges Central Placement Service into one entity. The proposal is awaiting the approval of Parliament before it becomes law.