Stella Kilonzo


Stella Kilonzo, Division Manager, Financial Sector Development Division, African Development Bank, Côte d’Ivoire

Division Manager for the Financial Markets Division at the African Development Bank leads capital markets development throughout Africa. She served as Chief Executive Officer of the Capital Markets Authority in Kenya from 2008-2012, where she led the capital markets development beyond plain vanilla capital markets products as well as a successful reform agenda to transform the Kenyan capital markets. She founded Astute Capital Limited, a strategic advisory firm specializing in corporate finance in 2012-13. Previously, she worked in Financial Industry Regulatory Authority, in Chicago, USA and PricewaterhouseCoopers Kenya.

She has served on several Boards notably as Chairman, East African Securities Regulatory Authorities 2008-10 and World Economic Forum’s Global Agenda Council on Global Financial Systems, and Banking and Capital Markets. Mrs. Kilonzo has a First Class Honors Bachelors of Commerce Degree from the Catholic University of Eastern Africa, an MBA in Corporate Finance form the Loyola University, Chicago, and is Certified Public Accountant (CPA), USA.


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