Family Bank, one of Kenya's leading financial institutions, is set to undergo a change in leadership as Nancy Njau takes the helm as the new Managing Director and CEO, succeeding Rebecca Mbithi, who has completed a commendable five-year term.

The announcement was made by Wilfred Kiboro, the Chairman of Family Bank's Board of Directors, who expressed confidence in Njau's capabilities. The appointment is pending regulatory processes and approvals.

Nancy Njau's association with Family Bank spans an impressive 21 years, having commenced her journey in 2002 as a graduate clerk.

Over the years, she has ascended through the ranks, contributing significantly to the bank's success.

Notably, she has held key positions such as Branch Manager, Regional Manager, Head of Retail Banking, and Chief Commercial Officer.

Read More

  1. CBK unveils plan for instant payments between financial institutions in Kenya
  2. Kenyan banks commit Sh450 billion to empower local MSMEs over next 3 years
  3. Kenya banks challenged to lower their interest rates to support MSMEs growth

Njau's recent role as the Acting Chief Commercial Officer has been pivotal in driving the bank's growth, fostering innovation, and enhancing customer service.

Her dedication and strategic acumen have played a crucial part in maintaining Family Bank's position as a key player in the financial sector.

Nancy Njau's academic qualifications underscore her commitment to excellence.

She holds a Bachelor of Commerce degree from the prestigious University of Nairobi and a Master of Business Administration degree from the United States International University.

Additionally, Njau is a certified public accountant and a member of the Institute of Certified Public Accountants of Kenya.

As she steps into her new role, Njau brings a wealth of experience and a deep understanding of Family Bank's operations. Her appointment reflects the bank's commitment to continuity and stability, ensuring a seamless transition in leadership.

The regulatory process and approvals are expected to be concluded shortly, paving the way for Nancy Njau to officially assume the position of Managing Director and CEO, charting the course for Family Bank's continued success in the dynamic financial landscape.