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Personal Info
- Prof. Kennedy Munyua Waweru
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Contact & Designation
- Accounting and Finance
- Professor of Finance, and; Director, Research and Innovation
- kwaweru@cuk.ac.ke
- +254 (0) 20 2430127, (0)20 2679456 Ext
- Mondays and Wednesdays 12.00 - 13.00 Hours,
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Education
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Work Experience
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Research Statement
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Research Project
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Grants and Projects
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Publications
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Courses Taught
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Postgraduate Student Supervision
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Professional Affiliations
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Other Contributions
| Level | Qualification | Institution | Year |
|---|---|---|---|
PhD | PhD in Finance | Gulu University | 2013 |
Masters | MBA(Finance) | Egerton University | 2004 |
Bachelors | B.Ed (Science) | Kenyatta University | 1997 |
| Level | Qualification | Institution | Year |
|---|---|---|---|
Professional Certification | Certified Investment and Financial Analyst (CIFA) (formerly Certified Securities and Investment Analyst- CSIA ) | KASNEB | 2014 |
Short Course | International Training Workshop on Planning, Building and Management of Science Parks and Business Incubators | China's Ministry Education Science and Technology | 2011 |
| Period | Institution | Position |
|---|---|---|
October 2025 - Present | The Co-operative University of Kenya | Professor of Finance |
August 2017 - October 2025 | The Co-operative University of Kenya | Associate Professor of Finance |
Jan 2015 - July 2017 | The Co-operative University of Kenya | Senior Lecturer |
March 2014 - December 2014 | Karatina University | Senior Lecturer |
December 2012 - March 2014 | Maasai Mara University | Senior Lecturer |
September 2012 - November 2012 | Mount Kenya University | Senior Lecturer |
September 2009 - August 2012 | Mount Kenya University | Lecturer |
September 2006 - August 2008 | Bahir Dar University, Ethiopia | Lecturer |
January 1998 - August 2006 | Teachers Service Commission- Posted to: | Graduate Teacher/Instructor |
| General statement on area(s) of research |
|---|
Financial Management and Innovations, Value Chain Finance Capital Markets and Asset Pricing |
| Title | Area(geographic) | Funding Body | Date |
|---|---|---|---|
Green Finance for Kenya | Kenya | EU | 2026-2030 |
Kenya Country Co-operative Research Project Brief- Enabler and inhibitors of Co-operative membership | Kenya | Cooperation Africa | 2026 |
Strengthening Producer organizations in Kenya and Tanzania | Kenya and Tanzania | Hand in Hand International | 2026 |
Tracer study for (KCSE 2022 and 2023 Cohorts) who Qualified but failed to Enroll in Universities - Nairobi Region | Kenya | State Department of Higher education and Research (SDHER) | 2025 |
Eldoret water and Sanitation Company Chebara - Kapsoya transmission mainline expansion feasibility study and funding plan | Kenya | CPF Group | 2024 |
Bioeconomy and Circular Economy Fair Network (BioFairNet) Project | Europe, America & Africa | EU | 2024-2028 |
Kenya Post Drought Disaster Assessment for the (2021-2023) Episode | Kenya | USAID | 2024 |
Catalyzing Women’s Involvement in Post-COVID-19 Recovery Through Agricultural Cooperatives in Kenya | Kenya | IDRC | 2022-2024 |
Gender Inclusive Vaccine Ecosystem :Enhancing Distribution and Delivery Systems for Newcastle Disease (ND) and Contagious Caprine Pleuropneumonia (CCPP) among Smallholder Farmers. | Kenya | IDRC | 2019- 2023 |
Enhancing e-learning using Artificial Intelligence Techniques | Kenya | National Research Fund (NRF) | 2018 - 2023 |
An assessment of the interactions between equity unit trust funds flow and the Nairobi Securities Exchange market return volatility- Student PhD Research Project | Kenya | National Research Fund (NRF) | 2017-2019 |
Mobile Money Research Project | Kenya | The Co-operative University of Kenya | 2016 |
Revenue diversification strategies and resource utilization in Ethiopian public universities | Ethiopia | Bahir Dar University | 2007 |
| Project / Programme Title | Partner / Agency | Dates |
|---|---|---|
Eldoret water and Sanitation Company Chebara - Kapsoya transmission mainline expansion feasibility study and funding plan | CPF Financial Services | 2024 |
Corporate Strategy Development | CPF Group | 2023 |
Kenya Rural Transformation Centers Digital Platform | AfDB | 2020-2025 |
Book Chapter Writing Grant | OSSREA | 2011-2013 |
Index Based Livestock Insurance Training Manual Development | ILRI | 2011 |
| Journal Title/Name | Date of Publication | Volume and Pages | Internet Link |
|---|---|---|---|
East African Journal of Science and Technology | 30/11/2025 | Vol. 14, No 2 | https://doi.org/10.62103/unilak.eajst.14.2.025 |
Journal of the Kenya National Commission for UNESCO | 31/07/2025 | Vol. 5(2). July 2025 | https://doi.org/10.62049/jkncu.v5i2.296 |
International Journal of Research in Business and Social Science. | 31/12/2024 | Vol 13(9), 274 –285. | https://doi.org/10.20525/ijrbs.v13i9.3807 |
PLoS ONE | 31/08/2024 | Vol 19(8): e0308088 | https://doi.org/10.1371/journal.pone.0308088 |
Review of International Cooperation | 30/04/2024 | 107/2023- Special issue on the Cooperative Identity | https://ccr.ica.coop/en/media/library/review-international-cooperation/review-international-cooperation-1072023-special |
Plos One. | 31/03/2023 | Vol 18(3): e0283076 | https://doi.org/10.1371/journal.pone.0283076 |
International Journal of Social Economics | 30/09/2022 | Vol 50 (2) 165-179 | https://www.emerald.com/insight/content/doi/10.1108/IJSE-03-2022-0165/full/html |
African Journal of Co-operative Development and Technology | 31/12/2021 | 6(2), 73-80 | https://journals.cuk.ac.ke/index.php/12/article/view/63/58 |
African Journal of Co-operative Development and Technology | 30/06/2021 | Vol 6(1), 1-10. | https://journals.cuk.ac.ke/index.php/12/article/view/40 |
African Journal of Co-operative Development and Technology | 30/06/2021 | Vol 6(1), 18-27. | https://journals.cuk.ac.ke/index.php/12/article/view/42 |
African Journal of Co-operative Development and Technology | 30/06/2020 | Vol 6(2), 73-80 | https://journals.cuk.ac.ke/index.php/12/article/view/38 |
International Journal of Research in Business and Social Science | 31/08/2019 | Vol 8(5) 156-171 | http://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/308/433 |
International Journal of Finance & Banking Studies | 03/01/2019 | Vol 8 No. 1 pp 21-36 | http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/263/278 |
International Journal of Finance & Banking Studies | 13/03/2018 | Vol 7 No. 1 pp 13-26 | http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/15/16 |
International Journal of Finance & Banking Studies | 12/11/2017 | Vol 6 No. 6 pp 1-15 | http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/18/18 |
International Journal of Finance & Banking Studies | 31/10/2017 | Vol. 6 No. 6 pp 39-50 | http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/18/18 |
International Journal of Finance & Banking Studies | 15/04/2017 | Vol. 6 No. 3 pp 39 - 50 | http://www.ssbfnet.com/ojs/index.php/ijfbs/article/view/26/27 |
International Journal of Business and Management | 26/03/2017 | Vol. 12 No. 4. pp 178 - 185 | http://www.ccsenet.org/journal/index.php/ijbm/article/view/66454/36484 |
Journal of Business Studies Quarterly | 31/03/2017 | Vol. 8, No 3 pp 52-64 | http://jbsq.org/wp-content/uploads/2017/03/March_2017_3.pdf |
International Journal of Economics and Finance | 25/02/2017 | Vol. 9, No. 3 pp 257-265 | http://ccsenet.org/journal/index.php/ijef/article/view/66323/36090 |
Journal of Economics and Finance | 31/08/2016 | Vol 7, No. 4 pp 72 – 83 | http://www.iosrjournals.org/iosr-jef/papers/Vol7-Issue4/Version-1/H0704017283.pdf |
Journal of Finance and Accounting | 23/07/2016 | Vol 4 No 4 pp 225-233 | http://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20160404.18.pdf |
Journal of Business Studies Quarterly | 31/12/2015 | Vol 7, No. 2 pp 2-10 | http://jbsq.org/wp-content/uploads/2015/12/December_2015_1.pdf |
Journal of Business Studies Quarterly | 31/12/2015 | Vol 7, No. 2 pp 221 - 230 | http://jbsq.org/wp-content/uploads/2015/12/December_2015_15.pdf |
Journal of Modern Accounting and Auditing | 30/09/2012 | Vol. 8(9) pp 1371-1380 | www.davidpublisher.org |
International Journal of Business and Management | 16/08/2012 | Vol. 7(16) pp 119-124 | http://ccsenet.org/journal/index.php/ijbm/article/download/16810/13025 |
Journal of Business Studies Quarterly | 30/06/2012 | Vol. 3 (4) pp 105 - 118. | http://jbsq.org/wp-content/uploads/2012/06/JBSQ_june2012_8.pdf |
Journal of Emerging Trends in Economics and Management Sciences | 29/02/2012 | Vol. 3(1) pp 7 - 14 | https://www.questia.com/read/1P3-3112333321/cross-listing-and-dividend-policy-evidence-from-cross |
Journal of Business Studies Quartely | 31/10/2011 | Vol.2 (4) pp.17 - 26 | http://jbsq.org/wp-content/uploads/2011/10/Sep-2011-2.pdf |
Journal of Research in International Business and Management | 14/07/2011 | Vol. 1(5) pp 119 - 123 | http://www.interesjournals.org/full-articles/an-investigation-into-the-cash-balance- management-challenges-in-saving-and-credit-cooperative-societies-saccos-in-nakuru-county-kenya.pdf?view=inline |
International Journal of Business and Public Management | 22/04/2011 | Vol. 1 No.1: 44-59 | http://journals.mku.ac.ke |
| Title/Book or Chapter | Publication and/or Publisher | Editor | Date of Publication | Page Numbers |
|---|---|---|---|---|
Funding Higher education in Sub-Sahara Africa | Palgrave, Macmillan | Damtew Teferra | 31/10/2013 | 372 |
| Title | Conference | Date |
|---|---|---|
3rd Co-operative Movement Stakeholders Annual Conference and 8th CUK Annual Scientific | 22-24 July 2025 | |
2nd Co-operative Movement Stakeholders Annual Conference | Platform Co-operativism Consortium Conference | 6th to 8th November 2024 |
1st Co-operative Movement Stakeholders Annual Conference | 13th to 15th June, 2023 | |
Buttressing Resilience of SACCOs to Shocks. | 9th Technical Committee of Africa Ministerial Cooperative Conference (TCAMCCO) | 23rd -27th May, 2022 |
ICIFA 4th Annual Conference | Investment Strategies in the New Normal | 7th - 8th October 2021 |
ICIFA 2nd International Investment Conference | The Future of Investing | 22nd - 23rd April 2021 |
Demutualization, member transactions and financial performance of co-operatives in Kenya. | ICA Cooperative Research Conference | November 28-30, 2021 |
Effect of measures instituted by SACCOs in response to Covid-19 on member engagement. | 5th CUK 2021 annual Conference | 27-28 July 2021 |
Capital adequacy requirements and capital efficiency of deposit taking SACCOs (DTSs) | 5th CUK 2021 annual Conference | 27-28 July 2021 |
Relationship between credit risk and loan performance of deposit taking SACCOS in Kenya. | 4th CUK 2020 annual Conference | 27-28 October |
Demutualization, member transactions and financial performance of co-operatives in Kenya. | 4th CUK 2020 annual Conference | 27-28 October |
Does firm size influence the relationship between credit risk and loan performance of deposit taking SACCOS in Kenya. | 4th CUK 2020 annual Conference | 27-28 October. |
Demand Side Energy Management and Customer Behavioral Response in a Rural Islanded Microgrid. | 2020 IEEE PES/IAS Power Africa Conference, | 25-28 Aug. 2020 |
2nd ICIFA Annual Conference | romoting a High Savings and Investment Culture in Kenya and the Region | March 27th - 29th, 2019 |
3rd Annual Co-operative University Conference | Positioning Co-operatives at the Center of Community Development | 25th - 26th March 2019 |
ICIFA Workshop on Derivatives | Derivatives trading in the NSE | 28th September 2018 |
1st ICIFA Conference | The Growing influence of Alternative Investments with focus on cryptocurrencies and FX Online Trading | 22nd to 24th May 2018 |
Mobile money, the symbolism of physical money and emerging dynamics in social relationships among low- income earners in Kenya | 2nd Annual Cooperative University of Kenya Conference on Innovation for Sustainable Cooperative Development | 26th – 27th March 2018 |
Writing A Credible Thesis: Methodology and Results. | St. Pauls University Faculty Research Seminar, at St Pauls University, Limuru, Kenya. | 2nd March 2017 |
Users’ Perceptions on the Effectiveness of Enterprise Resource Planning System in Enhancing the Performance of Accounting Information Systems of Public Universities in Kenya | ICABUMPA- iN4iN Conference. | 27th - 29th October 2015 at the KICC Nairobi, Kenya. |
Revenue Diversification and Resource Utilisation in Ethiopian Universities | Higher Education Conference in organized by Botswana Tertiary Education Commission | March 18-20, 2013 Gabarone, Botswana |
Financing of higher education in Africa: A case of Ethiopia public universities cost containment measures | Management University of Africa 3rd Annual International Conference on Industry and Higher Education | 28th – 30th September 2011 Nairobi Kenya. |
An Investigation into the Cash Balance Management Approaches in Saving and Credit Cooperative Societies (SACCOs) in Nakuru County | Mount Kenya University Nakuru Campus 3rd Academic Conference | 16th – 17th June 2011, Rift Valley Sports Club, Nakuru, Kenya. |
| Name | Description | Period |
|---|---|---|
Financial Management | Working Capital Management | 2004 present |
Investment and Portfolio Management | Portfolio risk and return | 2006 to present |
Fixed Income Securities Valuation and Analysis | Fixed-Income Markets: Types of fixed income Securities/instruments Issuance, Trading, and Funding | 2006 to present |
Finance Seminar | The seminar is focuses on the learner’s ability to research, analyze, synthesize knowledge in various topical areas and present it in a coherent and logical manner. The course exposes learners to the financial management practices and how these relate to finance theory. It also exposes the learner to examination of theoretical and applied models for financial decision making. | 2006 to present |
| Name | Institution | Qualification | Title of Dissertation | Period |
|---|---|---|---|---|
Victor M Wambua | The Co-operative University of Kenya | PhD | Social inclusion, legislation and financial performance of agricultural cooperatives in Kenya | 2025 |
Bitange Moraa Teresa. | The Co-operative University of Kenya | Master of Community Development (MCD) | Strategies for addressing barriers to women’s participation in agricultural cooperatives in the post-covid-19 recovery period in Kiambu County | 2024 |
Dorcas Nyambura Ndegwa | The Co-operative University of Kenya | Relationship between credit risk management practices and non-performing loans among deposit taking savings and credit societies in Nairobi County Kenya, | Master of Cooperative Management(MCM) | 2024 |
Munene Cynthia Mukami. | The Co-operative University of Kenya | Master of Cooperative Management (MCM) | The impact of healthcare interventions by agricultural cooperatives on women's socio-economic recovery during the post-covid-19 period in Kajiado County, Kenya. | 2024 |
Peter Ochora Mogaka., | The Co-operative University of Kenya | Master of Business Administration (MBA) | Influence of collective action on access to finance for women smallholder chicken farmers in Makueni County, Kenya. | 2023 |
Monica Chepkirui | The Co-operative University of Kenya | Master of Cooperative Management (MCM) | Relationship between capital adequacy requirements and capital efficiency of Deposit Taking SACCOs in Kenya | 2020 |
Caroline Ndei | Karatina University | PhD | An assessment of the interactions between equity unit trust funds flow and the Nairobi Securities Exchange market return volatility | 2021 |
Victor Wambua | The Co-operative University of Kenya | Master of Cooperative Management (MCM) | Effect of Credit Risk Management on the Loan Repayment Performance for Deposit Taking SACCOs in Kenya | 2018-2019 |
Mary Mbugua | The Co-operative University of Kenya | Master of Cooperative Management (MCM) | Influence of Demutualization on the Relationship between Member Economic Participation and Financial Performance of Co-operatives in Kenya | 2018-2019 |
Jackson Waweru | Karatina University | PhD | The Influence of Alternative Finance and Conduct on the Relationship between Characteristics and Efficiency of Small and Medium Enterprises in Kenya | 2015 -2018 |
Jane Gathigia Muriithi | Jomo Kenyatta University of Agriculture and Technology (JKUAT) | PhD | Effect of Financial Risk on Financial Performance of Commercial Banks in Kenya | 2014 - 2016 |
Kaino Bethsy Jepkaintany | Karatina University | Masters of Business Management | Effect of Enterprise Resource Planning System on the Performance of Accounting Information System in Kenyan Public Universities | 2016 |
Kimani Beth Wambui | Karatina University | Masters of Business Management | Re-Engineering Investment in Students’ Accommodation Facilities in Public University Through Public-Private Partnerships in Kenya | 2016 |
Nzioka Mbinda | Mount Kenya University | MBA | A Critical Analysis of Determinants of the Stock Market Performance on Listed Companies | 2015 |
Odhiambo Silas | Mount Kenya University | MBA | Efficacy of Micro Financial Institutions on Growth of Micro and Small Enterprises in Turkana County, Kenya | 2013 |
Okerosi Dickson | Mount Kenya University | MBA | The Contributions of Financial Institutions in Promoting Business Enterprises in Turkana County: A Case Study of Lodwar Town, Kenya | 2013 |
Kariuki H. K. | Mount Kenya University | MBA | The Management of Public Education Funds by Public Day secondary Schools in Mombasa County | 2012 |
Kamau P. K | Mount Kenya University | MBA | Performance of Internet Marketing as a Marketing Strategy in Private Colleges in Mombasa County | 2012 |
Wekesa Evans | Mount Kenya University | MBA | Commercialization of Products for Company Y: A University - Industry Initiative in Kenya | 2012 |
| Organisation | Role | Period |
|---|---|---|
Institute of Certified Investment and Financial Analysts (ICIFA) | Practicing Member | 2014 - Present |
Chartered Institute of Securities and Investment | Charterd Member | 2019- Present |
Kenya Association of Fund Raising Professionals | Member | 2024- Present |
Association of Professional Societies in East Africa | Member, Professional Development and Education Committee | 2019- Present |
| Other Contributions |
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Trustee and Chaiman of Finance and Investment Committee of the Co-operative University Staff Provident Fund |
Editor and reviewer of journal articles and conference papers. |
External examiner of PhD dissertations for several universities |