Ms. Olive Gitau is the Head of Internal Audit, responsible for providing an independent, objective assurance and consulting activity designed to add value and improve KMRC’s operations. She assists the Board and Senior Management in protecting the assets, reputation and sustainability of KMRC by evaluating and improving the effectiveness of risk management, internal controls and governance processes.
Olive has over 16 years’ professional experience in implementing effective internal controls, developing practical risk management techniques, collaborating with stakeholders to establish appropriate governance processes and advising on public finance management.
Prior to joining KMRC, she worked with the Central Bank of Kenya as a Senior Internal Auditor for over fourteen years. She has been a regional trainer of Risk Management and Internal Controls courses at the Kenya School of Monetary Studies (KSMS) and at Macroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI), a regionally owned institute currently with 14 member countries. She also gained experience in tax administration at the Kenya Revenue Authority for close to three years. Her exposure and contribution as a Trustee at the Banki Kuu Pension Scheme informed strategic financial and investment decisions growing the fund value by more than 300% in a span of 5 years.
She holds a Master of Business Administration (MBA) degree in Operations Management from the University of Nairobi and a Bachelor of Commerce Degree in Finance from Catholic University of Eastern Africa. She is a Graduate Fellow in Operational Risk Management (ORM) from MEFMI. She is a Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), PRINCE2® certified practitioner, Certified Risk Professional through Risk Certification Program (RCP) by Global Association of Risk Professionals (GARP) and Certified Trustee under the Trustee Development Program of Kenya by RBA through College of Insurance. She is also a member of ICPAK, ISACA, Institute of Internal Auditors (IIA) and Association of Women Accountants of Kenya (AWAK).
She is passionate about service and has been serving in the ICPAK Member Services Committee since 2017 where she represents in various engagements relating to the young accounting professionals, CPA graduates and ICPAK members including facilitating trainings on ICPAK initiatives.