Aug 23, 2023 2 Min Read
Humphrey Wattanga Mulongo has been appointed Commissioner General of the Kenya Revenue Authority (KRA), embarking on a mission to drive strategic financial change and amplify the potential of transformative market opportunities.
Wattanga, a seasoned corporate and public finance professional, brings a wealth of experience to his new role.
He is a strong supporter of systematic evaluation and optimization and is well-known for his comprehensive analysis of evolving market dynamics and their potential impacts.
Wattanga's rise to prominence has been marked by an extraordinary trajectory. His recent six-year stint as Commissioner and Vice Chair of the Commission on Revenue Allocation demonstrated his commitment to fiscal progress.
During this time, he was also the Managing Director of Meghraj Capital Group, demonstrating his multifaceted expertise. Wattanga's expertise in mobilizing capital and structuring financial transactions spans both the public and private sectors, having cultivated over two decades of international experience in corporate finance.
His foresight extends to leveraging technology for increased efficiency and targeted outcomes. Wattanga's influence can be felt in a variety of settings. He was instrumental in developing and implementing a game-changing mobile gateway platform that linked Kenya's mobile money platforms with the Nairobi Securities Exchange.
The M-Akiba bond was launched on this innovative platform, marking a watershed moment in Kenya's financial landscape.
He oversaw a comprehensive performance review of county revenue collection systems at the Commission on Revenue Allocation. His leadership was instrumental in launching a collaborative initiative that resulted in the creation of an integrated county revenue management system.
Wattanga has advocated for climate-conscious investments in addition to his financial acumen. As a member of Kenya Climate Ventures' (KCV) investment committee, he contributed to a pioneering platform that provides climate-smart solutions to small and medium-sized businesses.
Wattanga's academic achievements mirror his professional success. He graduated from Uhuru Estate Primary School with a top 20 ranking in Kenya's 1986 Kenya Certificate of Primary Education (KCPE) exam.
His quest for excellence continued at Alliance High School, where he finished first in the 1990 Kenya Certificate of Secondary Education (KCSE) exam.
At Harvard University, he majored in Biochemical Sciences and graduated with honors after cloning a gene important in genetic-switching mechanisms.
His intellectual journey continued at the Wharton School of Business, where he received the prestigious Nelson Mandela Hope Worldwide scholarship and earned a Master of Business Administration in Information Systems Strategy and Economics.
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