Skip to content

Zimele Asset Management Company Limited

Request correction

Corporate brand

Unclaimed

Zimele Asset Management Company Limited is a Kenyan investment and asset-management company serving retail investors and corporate clients.

Last updated August 26, 2026

AI crawler reads

No AI crawler has read this profile since Oct 28, 2026.

Overview

Zimele Asset Management Company Limited, commonly known as Zimele, is a Kenyan investment company and fund manager. The name Zimele is derived from a Zulu word associated with independence. The company is licensed by Kenya's Retirement Benefits Authority and the Capital Markets Authority, enabling it to operate across relevant retirement-benefits and capital-markets activities. The organization was established in August 1998 as Zimele Multi-Purpose Co-operative Society Ltd. It subsequently developed into an asset-management business offering investment products and related financial services. Its stated activities include unit trusts, pension funds, fund-management services, and investment advice. The business has historically focused on retail and individual customers, while also providing investment-advisory services to corporate clients. Zimele's model combines pooled investment products with professional management and advisory support. Unit trusts can provide individual investors with access to diversified portfolios managed by professionals, while pension-related services address longer-term retirement saving and investment needs. Fund-management and advisory activities extend the company's role beyond direct retail distribution to institutional and corporate relationships. The company has been described as having more than Ksh 3 billion in funds under management and as one of Kenya's leading fund managers. No independently sourced current assets-under-management figure is provided here, so that historical description should not be treated as a current financial disclosure. Zimele operates within Kenya's regulated financial-services environment, where authorization and oversight by the RBA and CMA are central to its ability to provide retirement and investment services. Its public profile has included recognition in Kenya's business sector. In 2018, Zimele was included in the Top 100 Mid-Sized Companies survey conducted by KPMG and Nation Media Group. In 2019, its corporate blog was nominated for a BAKE Award in the Best Corporate Blog category, although it did not win. Publicly documented governance information identifies Dr. David Ndii as board chair, with Njeri Kariuki, George Ooko, and Peter Waa also listed as board members. Detailed information on the company's current executive management, ownership structure, headquarters, website, and recent financial performance is not established by the supplied reference material.

History

Zimele Asset Management Company Limited traces its origins to August 1998, when it was established as Zimele Multi-Purpose Co-operative Society Ltd. The organization later developed into an investment and asset-management company operating in Kenya's regulated financial-services sector. Its evolution reflects a move from a cooperative-society foundation toward the provision of professionally managed investment and retirement products. The company's principal activities include unit trusts, pension funds, fund management, and investment advice. Its historic customer focus has been retail and individual investors, although it has also advised corporate clients. This combination gives Zimele both a consumer-facing role, through pooled investment and retirement products, and a business-facing role, through institutional and corporate advisory work. Zimele is licensed by Kenya's Retirement Benefits Authority and the Capital Markets Authority. These regulatory relationships are significant to the company's business model: retirement-benefits authorization supports pension-related activities, while capital-markets authorization relates to investment and fund-management services. The company has been described as managing more than Ksh 3 billion and as one of Kenya's top fund managers, but the supplied reference does not provide a dated, independently verified current assets-under-management figure. The company received public business recognition in 2018 through inclusion in the Top 100 Mid-Sized Companies survey conducted by KPMG and Nation Media Group. In 2019, its corporate blog was nominated for a BAKE Award in the Best Corporate Blog category. It did not win; the award went to the BrighterMonday.co.ke blog. Governance information associated with the company identifies Dr. David Ndii as chair of the board, alongside Njeri Kariuki, George Ooko, and Peter Waa as board members. The available reference material does not identify the company's founder, chief executive, detailed ownership structure, headquarters address, current financial statements, or a corporate website. Further verification would be required to describe its present management, product-level performance, or changes in regulatory status.

  • 2019

    Corporate blog nominated for BAKE Award

    [1]

    The company's corporate blog received a nomination in the Best Corporate Blog category at the BAKE Awards but did not win.

  • 2018

    Recognized in Kenya's Top 100 Mid-Sized Companies survey

    [1]

    Zimele Asset Management was included in the Top 100 Mid-Sized Companies survey conducted by KPMG and Nation Media Group.

  • 1998

    Organization founded as a cooperative society

    [1]

    Zimele was established in August 1998 under the name Zimele Multi-Purpose Co-operative Society Ltd.

Products and positioning

A Kenyan regulated investment and asset-management provider with a historic focus on retail and individual investors, complemented by pension, fund-management, and corporate advisory services.

  • Pooled investment products

    Unit trusts

    Zimele offers unit-trust products as pooled investment vehicles for customers, particularly retail and individual investors. These products allow investors to participate in professionally managed portfolios rather than selecting and administering every underlying investment themselves. The supplied reference identifies unit trusts as one of the company's principal financial offerings but does not specify individual fund names, investment mandates, fees, returns, or current availability.

  • Retirement investment products

    Pension funds

    Pension funds form part of Zimele's retirement-oriented services. They are designed to support longer-term retirement saving and investment within Kenya's retirement-benefits framework. The company is identified as licensed by the Retirement Benefits Authority, but the available material does not provide specific scheme names, eligibility terms, asset allocations, contribution requirements, or current performance data.

  • Asset management

    Fund-management services

    Zimele provides professional fund-management services for investment portfolios. This activity places the company between investors and the underlying assets, with the manager responsible for administering portfolios according to the applicable mandate and regulatory requirements. Public reference material describes Zimele as managing more than Ksh 3 billion at an unspecified point in time, but does not provide a current verified figure or detailed portfolio breakdown.

  • Financial advisory services

    Investment advice

    Zimele also provides investment-advisory services, including services for corporate clients. The advisory offering complements its retail investment and fund-management activities by giving organizations access to professional guidance on investment matters. The supplied sources do not describe the precise scope of advice, client segments, pricing, or advisory mandates.

Sources1 sources

Cite this profile: Cite the canonical profile. /brand-wiki/zimele-asset-management-company-limited · Editorial policy · How profiles are compiled