Tala, the global financial technology company, has today announced the appointment of Agnes Muthoni as the new head of growth, and strategy. She takes over from Annstella Mumbi who has been appointed interim General Manager for Tala-Kenya.
The leadership changes at Tala Kenya mark the exit of Munyi Nthigah who was the company’s General Manager in Kenya until May this year. Nthigah’s helm at Tala Kenya lasted only a year since he was appointed to that position last year May.
In the new role, Tala said the new head of growth, and strategy will be responsible for driving the company’s strategic initiatives, fostering growth and advancing the organization’s projections of growing three-fold over the current financial year.
“Muthoni brings a wealth of experience and expertise to the private lender having spent over 15 years in strategy, partnerships, product, and customer experience. She has spent most of her career working for financial institutions including Standard Chartered Bank and hyper-growth startups in Africa namely Cellulant and Andela, where she helped the organization grow from Series B to Series E funding raising $381 million,” the company said in a statement.
Commenting on her appointment, Muthoni said “I am honoured and delighted to be joining Tala, I look forward to working with the team to further accelerate growth and maximize the positive impact of easily accessible and affordable credit on society. Together, we will strive to unlock the full potential of FinTech while ensuring its ethical and responsible deployment.”
Annstella Mumbi, Interim GM of Tala-Kenya said, “Agnes’s appointment as the Head of Growth and Strategy marks an important milestone for us. Her deep understanding of the technology landscape, combined with her strategic vision and leadership capabilities, make her the ideal candidate to lead our growth initiatives. We are thrilled to have her on board as we continue to push the boundaries building the future of finance and delivering value to our partners and customers.”
Tala revealed in February, it has loaned out a cumulative $1.9 billion to Kenyans in over 3.5 million disbursements since it started operations in the country in 2014.