Dr. Kennedy Ben Mwengei Ombaba AKIM, Ph.D. (Finance), MBA (Finance), B.

CoM (Hons) (Accounting and Finance)

CURRICULUM VITAE
DR. KENNEDY B. MWENGEI OMBABA
PhD (Finance), MBA (Finance), B. Com. (Hons). (Accounting & Finance), (AKIM)

PERSONAL INFORMATION

Address: P.O. Box 10579-30100, Eldoret - Kenya.

Cell: +254- 721- 669055 / +254-737-787832
E-mail: kmwengei@gmail.com, ombabajr05@yahoo.com,
Gender: Male
Marital Status: Married
Nationality: Kenyan
Date of Birth: 30th October 1983

CAREER OBJECTIVE:
 To apply the competence, knowledge and skills gained to effectively and efficiently
contribute to the organizations’ goals.
 To actively partake towards the achievement of the organization’s Mission and Vision.

PROFILE:
 Goal directed and oriented professional
 Skilled Communicator, persuasive and adaptable.
 Self-motivated with energy, initiative and focus.
 A team player with high level of integrity.

GOALS
1. To ensure high professional standards at the work place with mutual corporation and team
work
2. Display volunteering spirit and responsibility with minimum supervision.

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 Dr. Kennedy Ben Mwengei Ombaba AKIM, Ph.D. (Finance), MBA (Finance), B.CoM (Hons) (Accounting and Finance)

PROFESSIONAL AFFILIATIONS

Kenya Institute of Management Associate Member January 2017 to Date

EDUCATIONAL QUALIFICATION

YEAR AWARD INSTITUTION

2012-2016 Ph. D in Business Management Moi University-Kenya
(Finance)
2007–2009 Master’s in Business Administration Maharishi Dayanand
Major (Finance) University, Rohtak, India

2004-2007 Bachelors of Commerce (Hons) University of Delhi, India

Major (Accounting and Finance)

2002 Kenya Certificate of Secondary Education (KCSE) Kirwa Secondary

Grade B- Minus School

Ph. D Thesis Topic

 Board Composition, CEO Entrenchment and Financial Distress of Listed Firms in Nairobi
Securities Exchange.

EMPLOYMENT HISTORY
Lecturer School of University of Eldoret 2nd Sept 2017-to date
Business and Management
Sciences

Lecturer School of Garissa University College April- 30th August 2017

Business and Economics

Assistant Lecturer School of Garissa University College 2nd Sept2013-March 2017

Business and Economics

Part-Lecturer School of Moi University 2010-2013

Business and Economics

Part-Lecturer Department The Catholic University of Eastern 2010-2013

of Accounting Finance Africa- Eldoret

Part-Lecturer Department Mount Kenya University-Eldoret 2010-2013

of Accounting Finance

Part-Lecturer Department Jaramogi Oginga Odinga University 2012-2013

of Accounting Finance of Science and Technology

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 Dr. Kennedy Ben Mwengei Ombaba AKIM, Ph.D. (Finance), MBA (Finance), B.CoM (Hons) (Accounting and Finance)

ADMINISTRATIVE ASSIGNMENTS
January 2017 to June 2017: Exams Coordinator University Timetable and Garissa
University College
January 2017 to June 2017: University Timetabling and Exams Coordinator January
Garissa University College
January 2017 to June 2017: Member Postgraduate and Research Garissa University
College
January 2017 to June 2017: Chairperson Examinations Regulations Committee Garissa
University College

OTHER RESPONSIBILITIES

Member of International Students University of Delhi 2005-2006

House Committee

Vice Chair Kenya African Students India 2005-2006

Delhi Branch

CONSULTANCY AND PROFESSIONAL ASSIGNMENTS

2014 - Present Managing Partner Oasis International Consulting Ltd

July, 2016 to date Peer Reviewer African International Journal of Management

Education and Governance www.oircjournals.org

FURTHER TRAINING AND DEVELOPMENT WORKSHOPS

1. Introduction to Library Automation Garissa University College on March, 2017

2. Open and Distance e-Learning-(ODeL) The Catholic University of Eastern Africa- Gaba
Campus on June, 2012

PUBLICATIONS

1. Simiyu, M. Peter and Kennedy B. Mwengei Ombaba (2018). Do Board Processes

Affect Firm Performance of State Owned Sugar Companies in Kenya? Exploring the
Role of Use of Knowledge and Skills. International Journal of Finance Accounting and
Economics (IJFAE) ||Volume|| 1||Issue|| 3 ||Pages|| 30-43 || October 2018|| ISSN: 2617-
135X
2. Kennedy B. Mwengei Ombaba, (2018). Effect of Risk Management on Corporate
Governance in Savings and Credit Co-Operative Societies in Nairobi County- Kenya.
International Journal of Finance Accounting and Economics (IJFAE) ||Volume||
1||Issue|| 1 ||Pages|| 25-35 || June 2018|| ISSN: 2617-135X
3. Kennedy B. Mwengei Ombaba, Dr. David Kosgei, (2018). The Relationship between
Board Tenure and Financial Performance. The Allegiance Hypothesis? International

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Journal of Modern Research in Engineering & Management (IJMREM) ||Volume||

1||Issue|| 5 ||Pages|| 14-21 || May 2018|| ISSN: 2581-4540
4. Hillary Maru and Kennedy B. Mwengei Ombaba (2018). Internal Controls and
Corporate Governance. Empirical Evidence from Kenya’s Savings and Credit Co-
Operative Societies. Africa International of Management Education and Governance
(AIJMEG) ISSN: 2518-0827 (Online Publication) Vol. 3 (2) 1-12, May 2018
www.oircjournals.org
5. Francis Obondi Abong’o and Dr. Kennedy B. Mwengei Ombaba (2018). Financial
Management Capacities and Sustainability of Community Based Organizations in
Turkana County, Kenya. Africa International Journal of Multidisciplinary Research
(AIJMR) ISSN: 2523-9430 (Online Publication) ISSN: 2523-9422 (Print Publication),
Vol. 2 (3) 59-69, May 2018 www.oircjournals.org
6. Dr. Lydia Muriuki, Dr. Kennedy B. Mwengei Ombaba, (2018). Effect of
Transformational Leadership on Organizational Performance of Micro Finance
Institutions in Kenya. International Journal of Management, Technology, and Social
Sciences (IJMTS), ISSN: Applied, Vol. 3, No. 1, May 2018
7. Dr. Kennedy B. Mwengei Ombaba, Dr. Lydia Muriuki, Innocent, M. Masase (2018)
Big or Small? Does Board Size Matter in Times of Financial Distress? Evidence from
Kenyan Listed Firms- A Panel Approach. Africa International Journal of
Multidisciplinary Research (AIJMR) Vol. 2 (2) 40-52. www.oircjournals.org
8. Dr. Kennedy B. Mwengei Ombaba, Dr. David Kosgei, Dr. Lydia Muriuki (2018) Board
Independence and Financial Sustainability of Corporate Firms in Kenya: Does
Independent Directors Matter in Times of Financial Distress? International Journal of
Recent Research in Commerce Economics and Management (IJRRCEM). Vol. 5, (1),
(14-23). ISSN. 2349-7807 www.paperpublications.org
9. Dr. Kennedy B. Mwengei Ombaba, Dr Lydia Muriuki (2018) Empirical Analysis of
Financial Development in Kenya; Does Remittances Matter? International Journal of
Research in Social Sciences Vol. 8, (1) 359-375. ISSN: 2249-2496 http://www.ijmra.us
10. Adan Haji Shunu, Dr. Philip Bii, Dr. Kennedy Mwengei B. Ombaba (2017). The Effect
of Board Size on Firm Financial Performance of Listed Firms in Nairobi Security
Exchange European Journal of Business, Economics and Accountancy Vol. 5, No. 6,
2017 ISSN 2056-6018. http://www.idpublications.org
11. Aden Musa Mohamud, Dr. Kennedy Mwengei B. Ombaba, Dr. Philip Bii (2017).
Board structure and Financial Performance of Listed Firms in Nairobi Securities
Exchange. The Moderating Effect of Chief Executive Officer's Power. International
Journal of Innovative Research in Management Studies (Ijirms).Vol 2 (10) 21-37 ISSN:
2455-7188. http://www.ijirms.com
12. Innocent Masase Mochabo, Dr. Kennedy B. Mwengei Ombaba, Dr. Benedict Alala
(2017). “Effect of Bank Diversification on the Financial Distress of Commercial Banks
Listed at the Nairobi Securities Exchange, Kenya’’ International Journal Of Scientific
Research Management Vol. 5 (11) 329-7343 [ISSN (e): 2321-3418] www.ijsrm.in

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13. Kennedy Mwengei B. Ombaba and David Kosgei (2017). Board Composition and
Financial Distress of Listed Firms in Kenya. An Empirical Analysis” Journal of Finance
and Investment Analysis, vol. 6, no. 4, 2017, 75-93 [ISSN: 2241-0996]
www.scienpress.com
14. Joseph Abuga Orayo and Dr. Ombaba Kennedy B. Mwengei (2016). “Empirical
Analysis on Financial Performance of Listed Firms in Commercial and Service Sector in
Kenya: Corporate Boards, Do They Matter? Africa International Journal of Management
Education and Governance. Vol. 2, Issue 2, 10-29, [ISSN 2518-0827]
www.oircjournals.org
15. Ombaba K. B. Mwengei, (2016). “Board Diversity and Financial Performance;
Evidence from Kenya” Africa International Journal of Management Education and
Governance. Vol. 1, Issue 1; May 2016. pp. 1-15, [ISSN 2518-
0827]www.oircjournals.org
16. Omuya Jackline, Ombaba K. B. Mwengei Nyangenya K. Mary (2016). Demographic
Diversity in the Boardroom: Does Gender Affect Corporate Social Responsibility and
Firm Reputation in Kenya. Africa International Journal of Management Education and
Governance. Vol. 1, (1) May 2016. 29-41, [ISSN 2518-0827] www.oircjournals.org
17. Dr. Omae Kabuka, Joseph Abuga Orayo and Ombaba Mwengei (2016). “Analysis of
Monetary Policy, credit Market and lending Rates among Commercial banks in Kenya.
Africa International Journal of Management Education and Governance. Vol. 1, Issue 1;
May 2016. pp. 107-126, [ISSN 2518-0827] www.oircjournals.org
18. Samuel N. Nyanga’u, Kennedy B. Mwengei Ombaba and Philip Bii. “Policy,
Institutions and Aid Effectiveness in Developing Nations: Literature Revisited”
European Journal of Business and Management, 2015, [ISSN 2222-2839]. Vol. 7, No.34.
www.iiste.org
19. Kennedy B. Mwengei Ombaba, Phylis A. Arogo and Phillip Bii “Planning the
Dynamics of Tourism for Sustainable Development in Kenya; a Case of Lake Victoria”.
Research Journal in Organizational Psychology & Educational Studies 3(4) 252-257 –
[ISSN: 2276-8475] www.emergingresource.org
20. Mwengei Kennedy B. Ombaba, Phyllis A. Arogo, Elizabeth Murey, Lagat John
Kipngetich “Public-Public-Private Partnership for Sustainable Solid Waste Management
in Eldoret Town, Kenya. European Journal of Business and Management, ISSN (Paper)
ISSN 2222-2839 (Online) Vol.6, No.13, 2014 www.iiste.org
21. Peter Omae Kabuka, Ken Ombaba “Technical and Financial Performance of Power
Sector a Comparison between India and Kenya” Journal of Radix International
Educational and Research Consortium Vol. 3, (1) pp. 1-12, [ISSN: 2277–1018]
www.rierc.org
22. Mwengei K. B. Ombaba “Assessing the Factors Contributing to Non–Performance
Loans in Kenyan Banks” European Journal of Business and Management, ISSN (Paper)
2222-1905 ISSN 2222-2839. Vol.5, No.32, 2013.pp. 155-164, www.iiste.org

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 Dr. Kennedy Ben Mwengei Ombaba AKIM, Ph.D. (Finance), MBA (Finance), B.CoM (Hons) (Accounting and Finance)

23. Philip Kiprotich Bii, Ongeri Lucas, Ombaba Kennedy B.Mwengei, Joseph Musyoki and
Jacqueline Korir Age: A determinant of Management’s Emotional Intelligence
Competency. Journal of Emerging Trends in Educational Research and Policy Studies
3(6):807-811 [ISSN: 2141-6990]. www.emergingresource.org
24. Kennedy Mwengei B. Ombaba, Phyllis A. Arogo, Phillip Bii, Lucas Ongeri, Jackline
Omuya, and Peter O. Kabuka A study on the impact of China’s Investments in Africa; the
case of Kenya. Journal of Emerging Trends in Economics and Management Sciences,
2012 3(5):, 529-537 [ISSN: 2141-7024]. www.emergingresource.org
25. Dedan .O. Onganya, Jackline M. Omuya, Kennedy M. B. Ombaba and Phyllis A.Arogo
“Water Resources and Sustainable Development in Northern Kenya: a case of Isiolo
District”.Elixir Human Res. Mgmt. 52, 2012, 11338-11343 [ISSN:2229-712]
www.elixirjournal.org
26. Dedan Oriewo Ong’anya, Jackline M. Omuya, Kennedy Mwengei B. Ombaba, and
Phyllis A. Arogo the Role of Agricultural Growth on Millennium Development Goals in
Kenya: A Strategy of Poverty reduction. Emerging Trends in Economics and
Management Sciences, 2012 Vol. 3 (4): 324-331 [ISSN: 2141-7024]
www.emergingresource.org

CONFERENCE PAPERS
1. Effect of Income Diversification and Sustainability of CBOS in Turkana County- Kenya.
A paper presented in the 3rd Eldoret International Conference on Sustainable
Development. Theme Gender Equality for Sustainable Development in Africa
(EICSGSD-2017) 13th-14th September 2018. 3rd Annual conference September, 2018.
2. Financial Development, Remittances, and Sustainable Development in Kenya. A paper
presented in the 2nd Eldoret International Conference on Poverty and Sustainable
Development in Africa (EICPSDA-2017) 14th September 2017. 2nd Annual conference
September, 2017
3. Board Diversity and Financial Performance; Evidence from Kenya” A paper presented in
the 1st Eldoret International Conference on Business Scenario and Jobless Growth in
Emerging Economies; Concerns and Solutions (EICBSJGEE 2016) 26th July 2016. 1st
Annual conference July, 2017
4. “Policy, Institutions and Aid Effectiveness in Developing Nations: Literature Revisited.
A paper presented in the Maasai Mara University International Conference.1st Annual
Conference August, 2014
5. Women in Institutional Boards and their Influence on Board Effectiveness in Kisii
County Institutions. A paper presented in the Kisii County Education Conference August,
2014 Kisii
6. Impact of Remittances on Poverty Reduction on Kenya. A paper presented in the Kisii
University Inter Disciplinary International Conference, 1st Annual Conference July 2014.
7. Planning the Dynamics of Tourism for Sustainable Development in Kenya; a Case of
Lake Victoria. A paper presented in the International Conference on Emerging Trends for

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Sustainable Development and Human Capacity Building In The Third World Nations
(ICETSDHCB 2014) 1st Annual conference June, 2014
SUPERVISION OF Ph.D. THESIS AND MASTERS THESIS/PROJECTS

a. Completed Master Projects/Thesis

1. Simiyu Peter MBA. (Finance) (2018). Jomo Kenyatta University of Agriculture and
Technology. Effect of Board Governance Processes and Financial Performance of State
owned Sugar Companies in Kenya.
2. Emmah Nelima Masakari (Finance). (2018). Jomo Kenyatta University of Agriculture
and Technology. Effect of Firm Size on the Relationship between Board Diversity and
Capital Structure of Listed Firms in Nairobi Securities Exchange, Kenya
3. Abong’o Francis Obondi. MSc. (Finance) (2018). Jomo Kenyatta University of
Agriculture and Technology. Financial Management Practices And Financial
Sustainability of Community Based Organizations in Turkana County, Kenya
4. Maru Hillary Kiproto. MBA (Accounting) (2018). Jomo Kenyatta University of
Agriculture and Technology. Effect of Internal Audit on Corporate Governance in
Savings and Credit Co-Operative Societies in Nairobi County- Kenya.
5. Aden Musa Mohamud. MBA (Finance) (2017). Garissa University College; Board
Structure, Chief Executive Officer's Power and Financial Performance of Listed Firms in
Nairobi Securities Exchange.
6. Adan Haji Shunu -MBA (Finance) (2017). Garissa University College; Relationship
between board composition and financial performance of listed Firms in Nairobi
Securities Exchange.
7. Innocent Masase Mochabo. MBM (Finance) (2017). University of Eldoret. Effect of
Bank Diversification on the Financial Distress of Commercial Banks Listed at the
Nairobi Securities Exchange, Kenya
8. John Lagat. MBA (Strategic Mgt) (2013). Mount Kenya University. Public Private
Partnership for Sustainable Waste Management in Eldoret, town.

b. Ongoing Ph.D. Thesis

1. Kenneth Achesa (Finance) (Jomo Kenyatta University of Agriculture and Technology).
The Relationship between Financing Options and Performance of Urban Water Service
Providers in Lake Victoria North Water Services Board, Kenya

c. Ongoing Masters Projects

1. Eric Kipchoror Kiplagat MBA (Finance) Jomo Kenyatta University of Agriculture and
Technology) Financial Regulatory Compliance Practises and Shareholder Wealth
Creation of Microfinance Institutions Within Eldoret Town

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2. Lena Jebet Tum MBA (Accounting) (Jomo Kenyatta University of Agriculture and
Technology) Relationship between Accounting Information Systems and Performance of
organizations. A case of Uasin Gishu County Government, Kenya
3. Ekaale Isaac. MSc. (Finance). Jomo Kenyatta University of Agriculture and
Technology. Strategic Investment Decision Making Practices and Financial Performance
of Projects Funded by Youth Enterprise Development Fund in Turkana County, Kenya
4. Abdikarim M. Noor MBA (Finance) Garissa University College; Relationship between
Capital Structure and Profitability of Listed Firms in Nairobi Securities Exchange

MASTERS- THESIS EXTERNAL EXAMINER

1. Yusuf Birgen (2018). Effect of Direct Government Intervention on Financial
Performance of Mumias Sugar Company, Kenya. Jomo Kenyatta University of
Agriculture and Technology 2018,
2. Kelvin Chenya (2018). Effect of Credit Policy on Financial Performance of Micro
Finance Institutions in Eldoret Town. Jomo Kenyatta University of Agriculture and
Technology 2018
3. Titus K. Keben (2018) Effect of Liquidity MGT Practices on Financial Performance of
Deposit Taking Saccos in Uasin Gishu County Kenya. Jomo Kenyatta University of
Agriculture and Technology 2018
4. Elson K. Kirui (2018). Effect of Inventory Mgt Practices on Operational Performance of
Construction Industry in Uasin Gishu County Kenya. Jomo Kenyatta University of
Agriculture and Technology 2018
5. John Magut Tarus: Evaluation of Capital Asset Pricing Model in Predicting Securities
Returns at the Nairobi Securities Exchange (Listed Agricultural Companies)’.Jomo
Kenyatta University of Agriculture and Technology 2017
6. Kibet Erick Chepnoen Investment Planning Practices And Financial Performance Of
Micro Retail Enterprises In Bungoma Town, Kenya’’. Jomo Kenyatta University of
Agriculture and Technology 2017

MASTERS- THESIS INTERNAL EXAMINER

1. Mathew Kangogo (2018). Determinants of Consumer Buying Behaviour on Fast Moving
Consumer Goods in Supermarkets in Eldoret Town. University of Eldoret.
2. Jemima J. Muten (2018). Moderating Effect of Bank Size on the Relationship between
Banking and Growth of Commercial Banks in Elodret Town, Kenya. University of
Eldoret.

COMMUNITY ACTIVITIES
Founding Chairperson Nyansiongo Old Boys Alumni Club

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RESEARCH INTERESTS
1. Corporate Finance
2. Corporate Governance and Leadership
3. Financial Intermediation
4. Portfolio and Investment Management
5. Economic Development

GRANTS AND AWARDS

 Awarded the ICCR scholarship by the Government of India to Study B.Com at the
University of Delhi, India in 2004

COMPUTER SKILLS AND COMPETENCIES

1. Proficient in MS Office suit and other general purpose suites

2. Proficient in SPSS, EVIEWS and STATA data analysis suites

3. Accounting Packages: Computerized Financial Accounting-Tally 7.1 (Accounting

Package) and Quick books.

CO-CURRICULUM ACTIVITIES (HOBBIES)

 Listening to music
 Reading articles and novels
 Playing Football
 Social Welfare

REFEREES
1. Dr. David Kosgei (PhD)
Deputy Director PSSP
Moi University
Tel No:+254-722-789560

2. Dr. Robert Atuya (PhD)

Dean School of Business & Social Sciences
University of Eldoret
Tel No:+254-722-382 766

3. Pr. Thomas Ngoko

Pastor Sunshine SDA Church
Eldoret.
Tel. No: +254-720-692-805

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