Paul Muthaura

Chief Executive Officer, Capital Markets Authority, Kenya

Mr. Paul Murithi Muthaura has been leading the Capital Markets Authority (CMA) of Kenya

since July 2012. In this period, the CMA has twice been recognized as the Most Innovative

Capital Markets Regulator in Africa.


Mr. Muthaura is a member of the Board of the International Organization of Securities

Commissions (IOSCO) and the Vice Chairman of the Africa and Middle East Regional

Committee (AMERC) of IOSCO. He is also a member of the Consultative Committee of the

East African Securities Regulatory Authorities (EASRA). At the national level, he sits on the

boards of the Insurance and Pensions regulators as well as the Vision 2030 Delivery Board.

Paul has previously worked as an Emerging Markets Advisor with the General Secretariat of

IOSCO and as a Senior Commercial Associate with the law firm of Daly and Figgis Advocates.

In his time with the CMA, he has held the positions of Head of Legal Framework, Head of

Enforcement and Director, Regulatory Policy and Strategy.


Mr. Muthaura is an Advocate of the High Court of Kenya and is the holder of an LLb from the

University of Warwick, LLM in Banking and Finance Law from the London School of

Economics and Political Science and MPhil from the Maastricht School of Management.

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