CEO & Trust Secretary Job at KenGen Staff Retirement Benefits Scheme

The KenGen Staff Retirement Benefits Scheme is seeking a visionary Chief Executive Officer (CEO) and Trust Secretary to provide strategic leadership in Nairobi. This executive pensions leadership job in Kenya requires a Master’s Degree in a related field (Finance, Actuarial Science, Law, etc.), a minimum of twelve (12) years’ experience in the Pension industry, with seven (7) years in senior management, and mandatory Trustee Development Program (TDPK) certificate. The CEO is responsible for overseeing all day-to-day operations, ensuring the Scheme is managed in strict accordance with the Law and Trust Deed, and providing inspirational leadership to achieve strategic growth and operational compliance.

About KenGen Staff Retirement Benefits Scheme

The KenGen Staff Retirement Benefits Scheme manages the retirement funds for KenGen staff, operating complex Defined Benefit (DB) and Defined Contribution (DC) funds. The CEO/Trust Secretary is the principal officer, accountable to the Board of Trustees and regulatory bodies (RBA) for the Scheme’s financial stability, governance, strategic direction, and operational efficiency.

Role Overview

The CEO and Trust Secretary is the functional head, responsible for strategic direction, governance, and compliance. Key duties include initiating and coordinating the Scheme’s strategic plan, managing the Scheme in accordance with the Retirement Benefits (Administrators) Regulations, ensuring timely preparation of accounts, keeping Trustees abreast of all legal and regulatory developments, overseeing service provider mandates, and demonstrating strong competencies in Investment Expertise and Operational Leadership.

Key Responsibilities

• Strategic Leadership: Provide inspirational leadership and direction to all departments; initiate and co-ordinate the formulation and implementation of the Scheme’s strategic plan.
• Governance & Compliance: Ensure the Scheme is run and managed in strict accordance with the Law and the Trust Deed, Rules, and Regulations; fulfill the functions of an administrator in accordance with Retirement Benefits (Administrators) Regulations.
• Board Liaison: Keep Trustees abreast of all legal, regulatory, and advisory developments affecting pension schemes and general investment.
• Financial Oversight: Ensure that the annual report, accounts, and other financial statements of the Scheme are prepared within the required timeframe.
• Operational Management: Establish an effective system of communication throughout the Scheme; ensure the Scheme remains abreast with industry trends.
• Service Providers: Create an enabling environment for service providers (Fund Managers, Custodians) to carry out their mandates as provided for by the Trust Deed and Rules.
• Member Communication: On behalf of the Board of Trustees, keep members of the Scheme informed regularly.

Role Specifications

• Experience: Minimum of twelve (12) years’ experience in Pension industry, seven (7) of which should be in senior management.
• Education: Master’s degree and Bachelor’s degree in Business Administration, Finance, Actuarial Science, Law, or a related field.
• Certification: Must possess Trustee Development Program (TDPK) certificate from a recognized institution.
• Professional Status: Must be a registered member of a relevant professional body with good standing.
• Competencies: Must demonstrate strong competencies in Strategic Leadership, Investment Expertise, Governance and Operational Leadership.

How to Apply

Executive leaders for this strategic Nairobi pensions job should submit their application through the official online portal: KenGen Staff Retirement Benefits Scheme on www.eaglehr.co.ke

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