We’re excited to announce a major milestone in XENO’s journey—our official expansion into the Kenyan market. As we continue to grow beyond our roots in Uganda, this move brings us one step closer to our vision of empowering 20 million Africans with accessible and personalized investment solutions by 2032. 

This strategic expansion signals XENO’s evolution into a group structure with dedicated country operations, ensuring that each market gets the focus and tailored approach it deserves. To lead these efforts, we’re proud to introduce our newly appointed Country Managers: John Muhumuza Kamara in Uganda and Linda Oyaya in Kenya. 

John Muhumuza Kamara, who has been serving as Portfolio Manager, is now Country Manager for Uganda. With an impressive career spanning roles at African Alliance Group, the Bank of Uganda, and Uganda Development Bank Limited, John brings unparalleled expertise in both public and private markets. His deep understanding of financial markets, coupled with his commitment to our mission, makes him the ideal person to further strengthen XENO’s position in Uganda. 

Over the past seven years, we’ve been fortunate to help more than 120,000 customers work toward their financial goals, managing over UGX 60 billion in assets. With approximately 50% of Uganda’s active investment accounts under our management, XENO continues to be a leader in goal-based investing. Our recent win at the 2024 CMA CIS Fund Manager Awards for Highest Growth in Investment Accounts is a testament to the trust our clients place in us, and we’re excited to build on that momentum under John’s leadership. 

As we make our first steps into Kenya, we’re thrilled to welcome Linda Oyaya as our   Country Manager for Kenya. Linda joins us with 15 years of experience in financial services, most recently at CIC Asset Management, where she led successful teams and spearheaded strategic initiatives in investment management, client relationship management and business development. Her deep knowledge of the Kenyan financial landscape and strong leadership skills will be key to driving XENO’s growth and adapting our product offerings to meet the unique needs of Kenyan investors. 

With Linda at the helm, we’re confident that XENO will be able to provide the same level of personalized, goal-based investment solutions that have made us a trusted name in Uganda. 

Our expansion into Kenya isn't just about growing our footprint; it's about deepening our impact. John and Linda share our passion for making investing accessible to everyone, and we're thrilled to have them leading our efforts in their respective countries. John's expertise in Uganda, coupled with Linda's knowledge of the Kenyan market, will be instrumental in delivering on our vision of providing professional investment guidance and products to millions of Africans."  

We look forward to serving our new Kenyan clients with the same commitment to excellence that has defined XENO from the beginning, while continuing to provide world-class service to our Ugandan investors.