Ruth Okal
Board Member

Board Member

Educational background:

  • 2006-2011|MA, Valuation & Property Management | University of Nairobi
  • Diploma in Valuation & Property Management| The Institution of Surveyors of Kenya
  • Oct 1999-June 2003|B.A Land Economics | University of Nairobi
  • July 2017| Chartered Institute for Securities and Investments Level 2
  • Ongoing | Certified Financial Analyst – Level 2 passed, L3 on-going


Ruth is a seasoned investment expert with a wealth of experience in the Real Estate industry. Her experience in the industry spans 17 years having worked in different sections of the Real Estate industry such as valuation, property management, REIT management, portfolio management, agency, listed real estate, capital raising and fund administration.

Ruth was instrumental in setting up and managing the first listed Real Estate Investment Trust in East Africa, then STANLIB Fahari I-REIT, and later ILAM Fahari I-REIT. She has also served in various capacities as an advisor at industry and policymaking levels on developing interventions meant to transform the Real Estate Investment space and deepen the capital markets in Kenya.

Ruth is the current chairperson of the Policy, Research and Publications (PPR) Sub-Committee of the REIT Association of Kenya (RAK), a Board Member at the Valuers Registration Board and an examiner for the Institution of Surveyors of Kenya (ISK). Ruth has also held various speaking and investor education engagements as part of her strategic professional development initiatives and giving back to society.

Awards, affiliations, and accomplishments e.g member of an international valuer’s org and for how long (optional)

  • Main Committee Member REIT Association of Kenya |October 2020 to date
  • Board Member – Valuers Registration Board |2018 to date
  • Committee Chairperson – REIT Association of Kenya; Policy, Research and Publications Committee |2019 to date
  • Examiner at Institution of Surveyors of Kenya (ISK) |2014 to date
  • Member – ISK Local organizing committee – Regional Conference |2017 to date
  • Registered Valuer by Valuers Registration Board| May 2009
  • Full Member- The Institution of Surveyors of Kenya (ISK), Valuation and Estate Management Surveyors chapter (VEMS)| February 2009
  • Registered as an Estate Agent with Estate Agents Registration Board| April 2008