The Kenya Bankers Association (KBA) has kicked-off the process of replacing Habil Olaka as the Chief Executive Officer, with 5 July 2024 being the last day for candidates to submit their applications.
- Habil Olaka retired from the lobby group in March this year after over 10-decade service, and Raimond Molenje has been acting since the start of April.
- In a notice, Deloitte said the new CEO should have the ability to build strong networks with advocacy partners, banking sector community and policy makers besides 10 years of relevant experience.
- Key responsibilities to the position include leveraging technology to deliver member-centric services, spearheading advocacy on key issues, leading and managing the Secretariat and providing leadership in developing and implementing the lobby’s strategic plan.
Meanwhile, NCBA Group Managing Director John Gachora has been re-elected as Chairman of the Kenya Bankers Association (KBA) Governing Council. During the Association’s 62nd Annual General Meeting, KBA member banks also appointed Credit Bank Chief Executive Officer Betty Korir as Vice Chair of the banking industry’s apex governing body.
Ms. Korir becomes the third female vice chair of the association; the role has previously been held by Nasim Devji of Diamond Trust Bank and Rebecca Mbithi, formerly of Family Bank. Ms. Korir steps into her new role after serving as a member of the KBA Governing Council.
“I think there is enough work to be done…we have big projects on which we will be giving you updates very soon as we complete them,” Gachora said.
KBA acting Chief Executive Officer Raimond Molenje encouraged member banks to continue enhancing the industry’s contribution to the economy. “The industry contributed KES 181 billion to the economy in 2023. This is something we should be proud of because when the industry performs well, it creates jobs while also promoting overall socio-economic growth,” Molenje said.
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