Ecobank Kenya Appoints Rebecca Mbithi, Former Family Bank CEO, As New Managing Director

Ecobank Kenya Limited has appointed Rebecca M. Mbithi as its new Managing Director, effective February 9, 2026, subject to regulatory approval by the Central Bank of Kenya (CBK).

Mbithi succeeds Josephine Anan-Ankomah, who has stepped down from the role to focus on her broader responsibilities as Regional Executive for Central, Eastern and Southern Africa (CESA) at Ecobank Group. In her regional capacity, Anan-Ankomah oversees 17 markets, including Kenya.

Mbithi brings over 20 years of senior leadership experience across diverse sectors, including financial services. She previously served as Chief Executive Officer of Family Bank Limited, where she spearheaded a multi-year turnaround and growth programme. She has also served as a Director on the Board of NCBA Kenya and as Vice Chairperson of the Kenya Bankers Association (KBA).

She holds a Master of Business Administration in Strategic Management from United States International University–Africa, a Bachelor of Laws degree from the University of Nairobi, and is both a Certified Public Accountant (CPA-K) and Certified Public Secretary (CPS-K).

Ecobank Group Chief Executive Officer Jeremy Awori praised Anan-Ankomah’s leadership, noting that she strengthened performance in Kenya while enhancing execution across the CESA region. He welcomed Mbithi’s appointment, expressing confidence in her ability to drive the next phase of growth in the Kenyan market.

Under Anan-Ankomah’s three-year tenure, Ecobank Kenya recorded significant financial improvement. Profit Before Tax rose from KShs 132.9 million in 2022 to KShs 734 million by the third quarter of 2025, supported by stronger cost discipline and operational efficiency. The bank also strengthened its capital base following a successful recapitalisation, with core capital standing at KShs 8.8 billion as of September 2025—well above revised regulatory requirements through 2028.

The Board confirmed that structured handover arrangements are in place to ensure operational continuity as the bank sharpens its leadership focus in Kenya and across the wider region.

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