Michael Turner
Director/Board Member at NAIROBI SECURITIES EXCHANGE PLC
Profile
Michael Alan Turner is the founder of Souken Ace Co., Ltd.
He currently holds multiple director positions, including at Grain Bulk Handlers Ltd., DFCU Bank (U) Ltd., I&M Group Plc, Nairobi Securities Exchange Plc, and Actis LLP (Kenya).
He previously served as a non-executive director at ARM Cement Plc, AccessKenya Group Ltd., and I&M Bank (Rwanda) Plc.
He was also a manager at Actis Africa Agribusiness Fund.
Additionally, he served as a non-executive director at Development Finance Co. of Uganda Ltd.
from 2010 to 2020.
Turner received an undergraduate degree from The University of Southampton.
Michael Turner active positions
| Companies | Position | Start |
|---|---|---|
| NAIROBI SECURITIES EXCHANGE PLC | Director/Board Member | 26/03/2015 |
| I&M GROUP PLC | Director/Board Member | 01/08/2014 |
| SOUKEN ACE CO., LTD. | Corporate Officer/Principal | - |
Grain Bulk Handlers Ltd.
 Grain Bulk Handlers Ltd. Other TransportationTransportation Grainbulk Handlers Ltd. provides handling solutions for grain cargo. Its services and facilities include vessel handling, bulk transit & storage terminals, local transportation and bagged warehousing services. The company was founded in 2000 and is headquartered in Mombasa, Kenya. | Director/Board Member | 23/03/2010 |
DFCU Bank (U) Ltd.
 DFCU Bank (U) Ltd. Major BanksFinance DFCU Bank (U) Ltd. provides financial services. The firm offers personal banking, business banking, loans and finance, Pinnacle banking, dfcu mobile, and MoneyGram payment services. It also offers general banking services in addition to the already existing equity finance, long term development finance, leasing, and working capital finance. The company was founded in May 2000 and is headquartered in Kampala, Uganda. | Director/Board Member | - |
| Actis LLP (Kenya) | Private Equity Investor | - |
Former positions of Michael Turner
| Companies | Position | End |
|---|---|---|
| DFCU LIMITED | Director/Board Member | 01/07/2020 |
Actis Africa Agribusiness Fund
 Actis Africa Agribusiness Fund Investment ManagersFinance Actis Africa Agribusiness Fund invests in companies located in Sub-Saharan Africa including Cote d’Ivoire, Zambia, Tanzania, South Sudan, and Kenya. It focuses on sectors such as agribusiness, forestry, aquaculture and horticulture. The fund provides financing for buyouts, expansion capital and buy & build transactions with deal values between $5 and $15 million. | Corporate Officer/Principal | - |
I&M Bank (Rwanda) Plc
 I&M Bank (Rwanda) Plc Major BanksFinance I&M Bank (Rwanda) Ltd. provides commercial banking services. Its personal banking services include current account, savings accounts, loans, e-banking, transfer services and forex. The firm's banking services include current account, business loans, business savings accounts, trade finance, forex, e-banking, treasury, insurance premium and financing. The company was founded on May 25, 1963 and is headquartered in Kigali, Rwanda. | Director/Board Member | - |
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Training of Michael Turner
| The University of Southampton | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 6 |
|---|---|
| ARM CEMENT PLC | Non-Energy Minerals |
| DFCU LIMITED | Finance |
| SOUKEN ACE CO., LTD. | Consumer Services |
 | Finance |
| I&M GROUP PLC | Finance |
| NAIROBI SECURITIES EXCHANGE PLC | Finance |
| Private companies | 5 |
|---|---|
Grain Bulk Handlers Ltd.
Grain Bulk Handlers Ltd. Other TransportationTransportation Grainbulk Handlers Ltd. provides handling solutions for grain cargo. Its services and facilities include vessel handling, bulk transit & storage terminals, local transportation and bagged warehousing services. The company was founded in 2000 and is headquartered in Mombasa, Kenya. | Transportation |
AccessKenya Group Ltd.
 AccessKenya Group Ltd. Specialty TelecommunicationsCommunications AccessKenya Group Ltd. provides internet and information technology services. It offers fibre network, national network, and wireless network. The company was founded by David Somen and Jonathan Somen in 1995 and is headquartered in Nairobi, Kenya. | Communications |
DFCU Bank (U) Ltd.
DFCU Bank (U) Ltd. Major BanksFinance DFCU Bank (U) Ltd. provides financial services. The firm offers personal banking, business banking, loans and finance, Pinnacle banking, dfcu mobile, and MoneyGram payment services. It also offers general banking services in addition to the already existing equity finance, long term development finance, leasing, and working capital finance. The company was founded in May 2000 and is headquartered in Kampala, Uganda. | Finance |
Actis Africa Agribusiness Fund
Actis Africa Agribusiness Fund Investment ManagersFinance Actis Africa Agribusiness Fund invests in companies located in Sub-Saharan Africa including Cote d’Ivoire, Zambia, Tanzania, South Sudan, and Kenya. It focuses on sectors such as agribusiness, forestry, aquaculture and horticulture. The fund provides financing for buyouts, expansion capital and buy & build transactions with deal values between $5 and $15 million. | Finance |
| Actis LLP (Kenya) | Finance |
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