Mr. Albert Odiya Ouma works as the Co-operative Bank of Kenya Energy Manager and has been recognized for excelling in his role as the manager at Kenya’s vibrant lender.
Engineer Ouma has been recognized in his efforts in overseeing the implementation of a robust energy management regime that has consistently delivered superior energy performance over the years.
The Awards recognize institutions that practice sustainable finance which has a direct positive impact on the financial sector, the economy, the environment, and the society, an area that the Co-operative Bank of Kenya has been so passionate about.
While acknowledging the award, Ouma said: “Recognition by one’s peers is perhaps the highest honor a professional can receive, therefore I am most humbled, and I re-dedicate myself to doing all I can to support Co-op Bank to achieve the best possible energy performance.”
The award is conferred by the Global Association of Energy Engineers (AEE) and is presented to individuals who demonstrate outstanding accomplishment in promoting the practices and principles of energy management in various fields including finance.
Co-op Bank has achieved significant milestones from the various energy efficiency and conservation projects. Through the Lighting Efficiency Project, the Bank has realized up to a 20 percent reduction in energy costs at facilities where the project has been undertaken.
Co-operative Bank, also, realized an overall electricity cost reduction of 13 percent compared to the year 2018 baseline, from the various energy efficiency and conservation projects. The bank was named Overall Winner of the Kenya Bankers Association (KBA) 2019 Sustainable Finance Catalyst Award.
Recently, Co-op Bank joined the global financial community in signing up to the United for Wildlife 2018 Mansion House Declaration, thereby joining the United for Wildlife’s (UfW) Financial Taskforce committing to fight the illegal trafficking in wildlife, by way of building illegal wildlife trade into existing financial crime compliance programs.