ICEA LION Group and KASNEB Foundation Forge Strategic Partnership on Financial Literacy and Professional Development

Leading financial services provider, ICEA LION Group and KASNEB Foundation, a Trust

founded by KASNEB that provides financial aid to the underprivileged students from poor

backgrounds, marginalised communities, orphaned, and differently abled persons in Kenya

pursue KASNEB qualifications, have announced a transformative partnership aimed at

promoting financial literacy, empowering young professionals, and strengthening long-term

development within the education and financial sectors.

The partnership between ICEA LION Group and KASNEB Foundation further offers a host

of mutual benefits, designed to empower various stakeholders and create lasting value for

both organisations.

For KASNEB Foundation, the collaboration will enhance the capacity of its stakeholders in

institutions of learning by providing access to essential financial information, products, and

services. This initiative aims to equip these stakeholders with the tools needed to make

informed decisions and drive their institutional development. Additionally, young professionals

affiliated with KASNEB Foundation and KASNEB will gain empowerment through financial

literacy sessions, as well as direct support from ICEA LION’s contributions to the Foundation’s

charitable fund. These efforts will not only enrich the lives of these future professionals but also

elevate KASNEB Foundation's brand equity through impactful initiatives and collaborative

forums.

On the other hand, ICEA LION stands to gain valuable opportunities to engage with key

audiences, raise awareness about its products, services, and establish meaningful connections

with various institutions. The partnership provides a unique platform for youth outreach,

enabling ICEA LION to connect with and positively influence the next generation of

professionals. Through these engagements, ICEA LION will further strengthen its brand equity,

showcasing its commitment to community empowerment and sustainable development.

Together, these benefits underscore the strategic alignment of the two players, highlighting a

shared commitment to advancing education through financial literacy programmes, and

enhancing institutional growth.

The partnership’s first initiative will be a forum that brings together heads of training

institutions affiliated with KASNEB and KASNEB Foundation. This forum will focus on financial

services crucial for institutional development while creating networking opportunities to foster

collaborative relationships.

Speaking during the partnership signing event, Mr. Philip Lopokoiyit, ICEA LION Group CEO

noted, “At ICEA LION, we are committed to creating and protecting wealth by empowering

communities with knowledge and financial tools. This partnership with KASNEB Foundation

aligns with our mission and builds upon our long-standing relationship with KASNEB as a

valued customer of ICEA LION Asset Management. Together, we aim to impact the lives of

future professionals while also strengthening institutions that drive education and innovation.

This collaboration lays a foundation for sustainable growth and success.

On their side, Prof. Nicholas K. Letting’, Ph.D., KASNEB Foundation’s Trust Secretary, said

“KASNEB Foundation, in partnership with ICEA LION Group, is dedicated to sensitizing the

heads of accredited training institutions about the critical role of financial aid in transforming

lives. This collaboration aims to build awareness of the Foundation's offerings, ensuring that

students in need can access the support required to achieve their educational and career

aspirations, fostering a brighter future for all beneficiaries.”

This partnership marks the beginning of a vibrant collaboration centered on shared values and

a commitment to positively impacting society. ICEA LION and KASNEB Foundation look

forward to building a long-lasting relationship that addresses the unique needs of their

stakeholders.