Sustainable financing of Universities in Kenya for global competitiveness.


To create and promote a robust participatory mechanism for financing Universities in Kenya.


The mandate of the Board is to;

  • Advise the Cabinet Secretary in matters of university education funding and related policy issues;
  • In consultation with the Cabinet Secretary, develop a transparent and fair criteria for allocation of funds to public universities and issue conditional grants to private universities;
  • Apportion funds to public universities in accordance with criteria established;
  • In consultation with the Chairpersons of Councils for public universities, establish the maximum differentiated unit cost for the programmes offered;
  • Establish the minimum discipline differentiated remuneration for academic staff of universities, which shall be fair and globally competitive, and , advise the Government accordingly;
  • Mobilize and receive funds for purposes of the Fund from the Government, donors, and from any other source.

Board of Trustees

Mr. Halakhe Dida Waqo CBS


Mr. Halakhe Dida Waqo was appointed as the Board of Trustees Chairperson on 7th August,2020. He is the immediate former Secretary and CEO of Ethics and Anti-Corruption Commission (EACC), Kenya where he completed his term in January,2019. He has served as a commissioner, National Cohesion and integration commission -Kenya and also on the Great Lakes Region Genocide Prevention Committee in Kenyan Government. He has also served in the International Development Agencies where He worked as a Global coordinator, world Initiative for sustainable pastoralism, IUCN, Horn of Africa Advisor, world council on Religion for Peace (WCRP), International Emergencies and conflict Advisor, Action Aid International, Programme Head, Oxfam GB Rwanda and Programme Coordinator, Oxfam GB Kenya. Mr. Halakhe D. Waqo served in Various Boards of development Agencies. He is a member of Chartered Institute of Arbitrators (CIArb), UK and Kenya and he has over 28 years working experience in Governance and international development and has been a chair/member of various task forces. Mr. Halakhe Waqo was awarded state honour of the chief of the order of the Burning Spear (CBS) for outstanding achievement by the President of the Republic of Kenya.

Prof. Moses Henry Thairu


Prof. Moses Henry Thairu joined the Board on 1st July 2019 as a Trustee. He is the former Director of Kenyatta University Consultancy Unit as well as the Coordinator of the School of Creative Arts, Film and Media Studies at Kenyatta University. He is also the Chairman of Governing Council of Mater Hospital from March 2018 and of Daystar University Governing Council since August 2018. Henry Thairu has served as the Chairman, Commission for University Education from January 2014 to October 2016 and as former Vice Chancellor of Inoorero University (IU) (2008-2013). He is the founder Managing Director of JKUAT Enterprises LTD, a company wholly owned by Jomo Kenyatta University of Agriculture and Technology (2005-2006). From 1999-2008 he served as the Chairman of the Board of Management of Kenya Education Network (KENET). He is former Chairman of the Board of Kenya Industrial Property Institute (KIPI,2007-2010) and former Chairman of National Council of Science and Technology. His Chairmanship extended to the Chairman Radiation Protection Board (RPB) where he served for six years. He also chaired the Kenya ICT Board Innovation Grants Committee and the Kenya Private Sector Alliance (KEPSA) Higher Education, Science and Technology Sector Board (2010-2014).  
Prof. Migot-Adholla


Prof. Migot-Adholla joined the Board on 1st July 2019 as a Member of the Board. He holds a PhD in Sociology of Development, Master of Arts in Sociology, both from University of California, was a Special Graduate Student in Agricultural Economics (Michigan State University) and earned a Bachelor of Arts (University of East Africa). He previously served as Vice-Chairman, Board of Directors, Kenya Wildlife Service, and was Lead Specialist on Land Policy and Administration for Africa Region in the World Bank. He has also served as Permanent Secretary, Ministry of Agriculture and Rural Development, Government of Kenya. He has also served as a consultant on agriculture and rural development, land policy reform and environmental issues.

Gilda Odera


Gilda Odera joined the Board on 1st July 2019 as a Member of the Board. She is a pioneer in the ICT industry in Kenya and was instrumental in shaping the ICT and Business Process Outsourcing (BPO) and Impact Sourcing sector in Kenya through policy advocacy and providing advice to government in private/public sector task forces. Gilda is the 1st National Deputy president of the Federation of Kenya Employers and is a consultant Director in All About Marketing Ltd She is a PhD candidate in Public Policy specializing in Management and Leadership and holds a Master of Arts in Leading Innovation and Change and a Bachelor of Arts Degree in Sociology. She has Vast board experience and has also attended various courses including Executive Business Education in Corporate Boards, Audit Committees and Compensation Committees at Harvard Business School.

Prof. Mwanda O. Walter


Prof. Mwanda O. Walter joined the Board on 1ST July 2019 as a Member of the Board. He holds a Degree of Doctor of Medicine University of Nairobi, a bachelors of medicine and surgery (MB ChB), Royal College of Pathologists, Postgraduate course in Epidemiology and Biostatistics in Clinical Epidemiology and Bio Statistics of John Hopkins University, Maryland USA. Postgraduate training in Haematology and Blood transfusion at Kenyatta National Hospital and he is a full professor of haematology and blood transfusion. He previously served as Chairman Department of Human Pathology, Syllabus and Curriculum Development School of Medicine University of Nairobi. Prof. Mwanda O. Walter was awarded an Elder of the Order of the Burning Spear (EBS) and he is also a member of several professional bodies nationally and also internationally. Before his appointment he was the Director University of Nairobi Institute of Tropical and Infectious Disease.

Mr. Samuel Mugambi

PS Representative, State Department for University Education and Research

Mr. Samuel Mugambi joined the Board on 3rd October, 2018 as a PS Representative – State Department for University Education and Research in the Board.

He is the Chief Finance Officer State Department for University Education and Research. He is the alternate member representing the Principal secretary State Department for University Education and Research.

Mr. Geoffrey Monari

Chief Executive Officer and Secretary to the Board of Trustees

Universities Fund

Mr. Geoffrey Monari joined the Fund as the Chief Executive Officer and Secretary to the Board of Trustee on 1st December,2020. He holds a Bachelor’s Degree in Commerce and a Master’s degree in Business Administration from Jomo Kenyatta University of Agriculture and Technology. Mr Monari has over 20 years working experience in various positions at the Higher Education Loans Board. Before his appointment he was the Chief Operations Officer at Higher Education Loans Board. Mr. Monari has been the team leader of the Operations Division which oversees the Documentation, Lending, Institutional Relations and Debt Management departments since March 2016.  He is a member of the Institute of Directors of Kenya and a Non-Executive Director at the Institute of Economic Affairs.