Marula Mining appoints Esther Ndeto as new CFO
Marula Mining PLC has appointed Esther Ndeto as Chief Financial Officer, effective April 2026, as the company reinforces its financial leadership during a period of operational expansion.
Ndeto brings more than 15 years of experience across East and Southern Africa, with expertise spanning financial planning and analysis, treasury, IFRS reporting, blended finance and capital raising. A Certified Public Accountant (CPA-K) with an MBA in Fintech and Blockchain, she has previously provided board-level financial insight to development finance institutions, donors and international funders.
In her role as CFO – a non-board position, Ndeto will be based in Kenya and will oversee financial management, reporting, budgeting, strategic capital allocation and risk management. She will also lead financial operations, support regulatory compliance and internal controls, and contribute to financial analysis, forecasting and strategic decision-making.
A key priority will be working alongside teams in the UK, South Africa and East Africa to finalise the company’s 2024 and 2025 annual reports, as well as the 2025 interim results.
Her appointment is expected to strengthen Marula’s financial systems, procedures and controls as the business scales across multiple jurisdictions, ensuring compliance with AQSE Growth Market Rules and the Companies Act 2006.
The board said the move will enhance the company’s financial management and governance framework as it advances its mine development strategy and addresses evolving reporting and corporate requirements.
