DECEMBER 9, 2022
Business News

Joseph Kinyua ‘elected’ new Chairman of KCB Group.

Joseph Kinyua

Dr. Kinyua, the former Head of Public Service and Secretary to the Cabinet, was appointed to the Board of KCB Group in March 2023. He now assumes the role of Group Chairman, succeeding Mr. Andrew Wambari Kairu, who retired after serving as Group Chairman for five years in accordance with the Board Charter.

Dr. Kinyua’s career in public service spans over four decades and is highly esteemed. He possesses extensive expertise in public administration, economic planning, and policy direction.

One of his notable achievements is his instrumental role in implementing significant government initiatives and reforms. This includes leading the liberalization of the banking sector, foreign exchange market, and trade and capital accounts of the balance of payments, among other crucial initiatives.

Before his appointment as the Head of Public Service in 2013, Dr. Kinyua held various senior positions within the government, including serving as the Permanent Secretary to the National Treasury.

Dr. Kinyua’s appointment marks a new chapter in KCB Group’s Corporate Governance journey. With his deep knowledge of financial services and vast experience in public service management, he brings valuable expertise to the board.

Expressing gratitude for the trust placed in him, Dr. Kinyua stated, “I am thankful for the confidence shown by the members in electing me as Chairman and eagerly anticipate working together to propel KCB Group to even greater heights in the Eastern and Central African Region, as the preferred bank for providing financial services to our people.”

On his part, Mr. Wambari expressed honor in serving KCB Group and highlighted the strength, diversity, and competence of the board, which will continue driving the business towards achieving and sustaining its strategic objectives. He also emphasized the importance of a seamless transition to ensure continuity.

Hapakwetu

Editor

Hapakwetu is an experienced Digital and Broadcast Journalist with a demonstrated history of working in the broadcast and online media industry for over 5 years. Skilled in News and Entertainment Writing, Communication and Editing. He is always telling stories tailored to inform and educate the masses.

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