- KCB Group Board has elected former Head of Civil Service and Secretary to the Cabinet, Dr Joseph Kinyua as the new Chairman of the Group Board.
KCB Group Board has elected former Head of Civil Service and Secretary to the Cabinet, Dr Joseph Kinyua as the new Chairman of the Group Board.
The appointment takes effect from May 26, 2023 coming after Dr Kinyuaw as appointed to the KCB Board in March 2023.
He takes over from Andrew Wambari Kairu who proceeded to retirement after serving as Group Chairman for a full term of five years.
Dr Kinyua's illustrious career in the civil service spans more than four decades with a vast experience in public administration, economic planning and policy direction.
The soft spoken career public servant is celebrated for leading key reforms in the government including the liberalization of banking, foreign exchange market as well as the trade and capital accounts of the balance of payments.
He was appointed the Head of Public Service by former President Uhuru Kenyatta in 2013 after working in a number of top positions, including as the PS for National Treasury.
KCB lauded his appointment saying it marks a new phase for KCB Group’s journey in Corporate Governance.
“I am grateful for the confidence shown by the members in electing me to serve as Chairman and look forward to working together to propel KCB Group to even greater heights in the Eastern and Central African Region as the bank of choice in providing financial services to our people,” said Dr Kinyua.
“It has been an honour to serve the KCB Group. I leave behind a strong, diverse, and competent board that will continue to drive the business to achieve and sustain its strategic objectives and a seamless transition to ensure continuity," stated Wambari.
He added, “The election of Dr. Kinyua is a testament to KCB Group’s solid governance practices and adherence to the Board Charter.”