KIPPRA participated in a Technical Working Group (TWG) convened by The National Treasury to spearhead the development of Kenya’s National Policy on Unclaimed Financial Assets on 10th February 2026. The TWG was commissioned by Principal Secretary Chris Kiptoo and brings together experts from across government, including KIPPRA’s Ag. Director for Development Economics Management, Eliud Moyi and Assistant Director, Productive Division, Dr Evans Ngénoh.
Speaking during the commissioning, Dr. Kiptoo noted that the Unclaimed Financial Assets Authority currently holds approximately KSh 57 billion invested in government securities at the Central Bank of Kenya, alongside other unclaimed assets such as shares, safe deposit boxes, and related holdings.
The formation of the TWG marks the beginning of a coordinated interagency effort aimed at strengthening the identification, management, and reunification of unclaimed financial assets with their rightful owners and beneficiaries.
According to the Principal Secretary, the proposed policy will focus on enhancing compliance and transparency, modernizing reunification processes through digital solutions, improving institutional coordination, addressing legal and regulatory gaps, and unlocking the value of dormant financial assets within the economy. The initiative is expected to provide a comprehensive framework to guide the management of unclaimed financial assets in Kenya, while safeguarding public trust and improving efficiency in asset recovery and reunification processes.
