Owen Koimburi Njenga, BCom. (Hons), CPA (K) CPS, MA
Contact Details
owenkoimburi@newharmonypress.com
Telephone
Office: 254 20 2727121/23/24/30
and D/L: 254 20 2738062
Home: 254 20 891134
Cell: 254 722 770230
Fax: 254 20 2727160
Postal Address
15324 –00509 Langata, Nairobi, Kenya, East Africa.
Activities
Mr. Koimburi is a qualified accountant whose professional experience spans over 28 years and his main areas of specialisation are: Accounting and Audit, Co-operative Management and Micro Enterprises Consulting, and Financial Management Training and Facilitation and, Corporate Governance. Mr. Koimburi is a founding partner of Koimburi & Associates, founded in 1981, and currently a leading firm of Accountants in Kenya. Mr. Koimburi has consulted widely, both locally and internationally in financial management, capacity building, SME Development, Corporate governance and audit quality control and International Standards in Accounting and reporting.
Mr. Koimburi holds a BCom. degree from the University of Nairobi and was a prize winner in the Kenya National Accountants and Secretaries National Examinations Board in Accounting 6 Financial Management paper during the 1979 Diet, and in 2003 became the first Graduate from Africa to be awarded an MA in Cooperative Management and Organizational Development by the University of Leicester in the United Kingdom.
Mr. Koimburi has served as a non executive board member of the Central Bank of Kenya for a statutory 4 term between 2002 and 2006, and during the same time served on the board of the Kenya School of Professional Studies, a wholly owned subsidiary of the Central Bank of Kenya. He has also served in various committees of the Institute of Certified Public Accountants of Kenya. Mr. Koimburi is regularly consulted on matters touching on the co-operative movement and has recently been the convener of a task force to prepare an illustrative set of financial statements for the co-operatives, which are expected to be adopted in East Central and South Africa.
Mr. Koimburi has also served as a Member of the Task force appointed by the Treasury and the Institute of Certified Public Accountants to recommend changes to the Accountants Act, and has been an honorary auditor of the Advocates Benevolent Association of Kenya. He has also served as a Member of the Small Practitioners Committee of the Institute of Certified Public Accountants of Kenya, as well as a member of the task force to advise the Government on the possibility of revising the educational system.
He also serves as a member of the UNCTAD working group of experts on International Standards on Accounting and Reporting having participated in sessions of the Inter-governmental working Group of Experts on SME accounting, and corporate Governance in Geneva. He is a trained Director of the Centre of Corporate Governance in Kenya, and has recently been admitted into membership of the Institute of Directors. He is also an Associate member of Fahamu Learning for Change based in Oxford, England and is on the register of Consultants of MANGO (Management and Accounting for Non-Governmental Organisations). Mr Koimburi is an advisory board member of the Accounting Students Association of the University of Nairobi.
He has just completed a substantial feasibility study for the EU on the financing requirements for SMEs, as well as the challenges facing them.
Mr. Koimburi is a firm believer that some of the social and economic problems facing developing economies lie in co-operative efforts, community development and member participation and volunteerism. He is involved in several projects of a social nature amongst the local communities in his own country Kenya. Mr Koimburi is married and lives in Nairobi with his wife Karen and they have two grown sons both studying at University.
Key Publications and papers in progress
“Of married women and taxation”. A paper dealing with tax of married women in Kenya (Institute of certified Public Accountants of Kenya)
“The case for small businesses”-support through legislation for growth and employment creation (Institute of certified Public Accountants of Kenya)
Every year I participate in budget synopsis for our clients re: budget proposals implications
“Small Businesses is our hope in Kenya” (Institute of certified Public Accountants of Kenya)
Koimburi, O. (2004) “Ushirika. A Co-operative Telecommunication Consortium”, International Journal of Cooperative Management, University of Leicester, Vol. 1 No. 2 Leicester, October, pp43-48.
Have just completed and article for the publication in Kenya titled “the molding of a working nation” in print
Currently writing a book jointly with Bernard Kadasia former Regional Director of the International Co-operative Alliance on Corporate Governance of Cooperatives.
The Koimburi Commentary
This item will comence on the 1st May and will be a by monthly analysis and discussion on matters concerning Africas co-operative and social economy with a financial and accountancy perspective.