Members’ Honours & Competition

Nuru with her daughter Makena at the MCC Classic Car Show. Makena co-hosted a Webinar on ‘Parenting through Covid’ with Nuru for Club Members last year.

MCC Member Nuru Mugambi has been recognised among the top 25 global Influencers in Green Finance by international asset builder Mandalore Partners.

In 2012, MCC Member Nuru Mugambi started the Sustainable Finance Initiative for Kenya’s banking industry, helping to create a framework for Green Bond issuance in Kenya. Since then she has become a leading voice in sustainable finance, consistently engaging policymakers both at industry and government level.

Green and sustainable banking impacts the economy, society and the environment. By bringing banking sustainability to these areas with responsible lending, financial planning for environmental risks and easy money transfers to help small and medium size businesses, Nuru is creating social and economic value and embracing environmental responsibility.

Among other projects, within the social dimension of Sustainable Finance, Nuru is currently working on developing Digital Accessibility for Persons with Disabilities (PWDs). For this she is also learning sign language.

Green and Sustainable banking is an emerging developing field and Nuru is selftaught learning all the time, but she plans to pursue graduate studies in the future.

“I am honoured to be included on this list of people who have been influencing governments and advising regulators and policy-makers around the world for many years. To have received this recognition is a marker that I am on the right track. Eventually, I believe all finance will be green and sustainable - it’s the good side of finance. It’s a dynamic space and I am learning all the time.”

Nuru Mugambi

Global Influencer in Green Finance

COMPETITION

Question: Name this building and the year this photograph was taken and on which occasion. Prize: The first correct entry that we receive will win dinner for two with a bottle of House Wine in either Pinks or the Club Dining Room. Please send your answers to communications@mcc.co.ke Answer to our July – October 2020 Competition

QUESTION: In this photograph, what famous wedding present from East Africa is being presented to H.R.H. Princess Elizabeth? And who is making the presentation?

ANSWER: The gift was the world’s largest and finest pink diamond (later set in a brooch) and it was given as a wedding present to H.R.H. Princess Elizabeth in 1947 by the two partners of Williamson Diamonds, Dr. John Thorburn Williamson and the Hon. Iqbal Chand Chopra, CBE, QC (pictured on the right.) grandfather to MCC Member Jarat Chopra.

WINNER: Dr. Salma Ramji

DID YOU KNOW?

The pink diamond was given to HRH Princess Elizabeth as a personal present upon her engagement to HRH Prince Philip, and the British Parliament had to provide a special tax exemption, as taxation on this priceless gemstone would have been unaffordable. Iqbal Chand Chopra was then approached by members of the House of Lords regarding the cutting of the diamond, which took another five years, by which time, the King had died, and the cutting and setting of the diamond became a Coronation present for the new Queen.

I.C. Chopra made the presentation of the final brooch at Buckingham Palace in 1953. The Queen has since worn the brooch on many public engagements.