CPF FOUNDATION LAUNCH

PRESS RELEASE

Nairobi, Thursday, 15th May 2025: The CPF Group has today officially launched the CPF Foundation; a non-profit initiative dedicated to improving the quality of life of vulnerable older persons in Kenya through targeted social impact programs and advocacy.

With a bold vision to promote the care and dignity of older persons - starting in Kenya and expanding regionally - the Foundation aims to impact over 500,000 vulnerable older people by 2030. It is committed to advancing dignity, inclusivity, and quality of life for senior citizens and underserved communities through targeted investments in community development, climate resilience, healthcare access, and economic empowerment.

Speaking during the launch, held at the Louis Leakey Auditorium at the National Museum, Dr. Hosea Kili, MBS, the Managing Director and CEO of CPF Group, noted: “The CPF Foundation is a natural extension of our Group’s long-standing work in pension management. While CPF has helped thousands retire with dignity, the Foundation ensures we go even further, working with like-minded partners to reach those who are often left behind and giving them the support and resources to thrive.”

“Our goal is not to reinvent the wheel, but to be a catalytic partner - supporting the incredible work already being done by grassroots organizations, government actors, and international partners in building resilient communities- specifically where the elderly are concerned,” the Chairperson of the CPF Foundation Board of Directors, Sue Omanga, added.

International development stakeholders hailed the initiative as timely. Wycliffe Opara, the International Labour Organization (ILO) Coordinator for Kenya, stated: “A society is judged by how it treats its elderly. CPF Foundation’s commitment aligns with global efforts toward social justice and decent livelihoods, particularly in aging societies like ours.”

As part of its collaborative approach, the CPF Foundation has partnered with organizations like HelpAge International and Suqoon Kenya, among others, to implement high-impact programs. On his part, Kenyatta Mwawashe, Country Director of HelpAge Kenya, remarked: “This partnership bridges policy and grassroots impact. It’s an opportunity to ensure that older persons are not only seen and heard - but included in development.”

Shakira Khawaja, Founder of Suqoon Kenya and renowned philanthropist, noted: “CPF Foundation understands the power of healing, dignity, and belonging. Our partnership will support trauma-informed community programs for women and elderly caregivers, especially in urban informal settlement.”

The CPF Foundation has already initiated pilot projects in Tana River and Machakos, focusing on decent housing and accessible healthcare for the elderly.

As Kenya faces increasing pressure to meet the needs of its aging population, the CPF Foundation offers a beacon of hope and a platform for collective action.

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For more information, please contact:

Irene Mbonge

Group Head, Corporate Affairs

Mobile: +254 721801863

E-Mail: imbonge@cpf.or.ke

NOTES TO THE EDITOR

ABOUT The CPF FOUNDATION

The CPF Foundation is a not-for-profit organization incorporated in Kenya as a company limited by guarantee under the Companies Act, 2015. The CPF Foundation's overarching goal is to promote the care and dignity of older persons, starting in Kenya and expanding to have a regional impact and has the ambitious target of reaching over 500,000 vulnerable older persons by 2030.

ABOUT THE CPF GROUP

The CPF Group is a regional conglomerate that offers a comprehensive range of services in Retirement Benefits Schemes’ Administration, Trust Fund Services, Archival Services, Wealth Management, Training and Management Consulting. 

As an Administrator, CPF Financial Services administers both private and public pension funds; notably - the Public Service Superannuation Fund (PSSF); The Local Authorities Pensions Trust (LAPTRUST), the County Pension Fund and CPF Individual Pension Plan. The Net Fund Value of the pension funds under the administration is currently valued at Kshs. 318 Billion and serve over 500,000 members. 

Through its subsidiary companies, Laser Infrastructure & Technology Solutions (LITES); LASER Property Services; Laser Insurance Brokers (LIB); CPF Asset Managers; Rukisha & CPF Capital & Advisory; the CPF Group offers a wide range of services in ICT & Infrastructure solutions, Property Services, Insurance Brokerage, Wealth Management, Smart Money Solutions and Expert Financial Advisory Services respectively.

Derived from uncompromised commitment to fulfilling lives, the CPF Group prioritizes new models and approaches in engineering turnkey solutions for clients across the region.

ABOUT HELPAGE INTERNATIONAL – KENYA HelpAge International is a global leader in elder care and advocacy. In Kenya, it promotes age-inclusive policy, health access, and emergency relief for older persons in rural and underserved communities.

ABOUT SUQOON KENYA Suqoon is a grassroots mental health and social justice organization founded by Shakira Khawaja. It focuses on underserved populations, including the elderly, with programs in community wellness, support, and empowerment.

 [IM1]This is quite specific...confirm that its actually from her.