There is change of guard at the National Social Security Fund after David Ndolo Mwangangi was appointed as interim Chief Executive Officer (CEO) effective today, Tuesday, November 22, 2022.
Until his appointment, Mwangangi has been serving as the NSSF Manager Ethics, Integrity and Records.
Mwangangi take over from his predecessor, the outgoing CEO Anthony Omerikwa who is proceeding on retirement who has worked in the fund in various capacities for the last eleven years.
The announcement was made yesterday evening.
“Today is the last day of the CEO of NSSF and marks a momentous change of leadership in an institution that I have steered with dedication as a team leader for over seven years,” Omerikwa said in a statement.
He thanked President William Ruto, the Board of Trustees of NSSF headed by Retired General Julius Karangi and the Ministry of Labor for providing him with an enabling environment.
In 2015, Omerikwa was appointed acting CEO and held the position for four years until 2019 when was appointed CEO and Managing Trustee of NSSF.
Previously, he served as the general-manager operations.
During his time, the fund’s net value of assets rose from Sh165billion to Sh295billion.
Previously, NSS was dogged by claims of fraud, fraud and alleged embezzlement of workers’ savings.
In the same period, NSSF innovated and implemented the ‘Haba Haba’ informant sector.
“As I leave the fund, I am a very proud Kenyan for all we have achieved in transforming the institution,” Omerikwa said.
“It has been a deeply humbling experience serving my country through this institution, I take with me great memories and valuable lessons.” Omerikwa noted.