John Gachora Re-Elected as KBA Chair

By Jane Muia / Published June 24, 2022 | 11:18 am

KEY POINTS

Credit Bank Chief Executive Officer Betty Korir will be the group’s Governing Council member, onboarding female CEOs of all the association’s member banks to KBA’s Governing Council.

KEY TAKEAWAYS

Kenya Bankers Association (KBA) was registered as an Industry Association to cater to the interests of the member banks in negotiating terms and conditions of service of its employees during its formative years.

NCBA bank managing director and CEO John Gachora has been re-elected as the Kenya Bankers Association (KBA) chairman for the period 2022 to 2023. KBA members also named Family Bank CEO Rebecca Mbithi as the vice chair during the group’s annual general meeting on Thursday.

‘’I would like to thank members for entrusting us with another year. We commit to continue working with you to support the industry,’’ NCBA bank managing director and CEO John Gachora said during the KBA 60th AGM.

Credit Bank Chief Executive Officer Betty Korir will be the group’s Governing Council member, onboarding female CEOs of all the association’s member banks to KBA’s Governing Council. Other female executives in the Association’s Governing Council are Diamond Trust Bank Managing Director and CEO Ms Nasim Devji and Ms Mbithi.

In the AGM, Kenya Women Microfinance Bank (KWFT) was also incorporated as a member of the Governing Council, representing microfinance members of the association.

KBA Chief Executive Officer Dr Habil Olaka noted the need for the association to collaborate with all member banks in reinforcing the industry’s role in advancing Kenya’s sustainable economic development. At the same time, he welcomed Ecobank, Kenya Women Microfinance Bank and Credit Bank.

Kenya Bankers Association (KBA) was registered as an Industry Association to cater to the interests of the member banks in negotiating terms and conditions of service of its employees during its formative years. In 2012, the association’s ambition evolved to promote industry development and economic growth by engaging the government and sector regulator, the Central Bank of Kenya (CBK).

Currently, the group has a membership of 46 financial institutions.