Henry Tanui has been appointed as the new Chief Executive Officer of the Financial Inclusion Fund, widely known as the Hustler Fund, announced by the Board on Wednesday. He succeeds Elizabeth Nkukuu, the Fund's inaugural CEO, bringing 24 years of experience to strategically guide its development.

• Since its establishment, the Hustler Fund has disbursed Ksh70 billion to over 26 million Kenyans.
• Tanui aims to reengineer collection processes, strengthen financial literacy, and build ecosystem lending channels.
• Conflicting reports exist on repayment rates: a Kenya Human Rights Commission report cited a 68.3 per cent default rate by end of 2022, while President William Ruto asserts an over 83 per cent repayment rate.