Board of Directors

The Board of Directors has attracted directors who have shown great commitment and enthusiasm in involving themselves in the affairs of the Bank and who have demonstrated the spirit and ethos of the organization. The Directors have supervised the delivery of dramatic growth over the years, with the Bank continuing to deliver strong financial performance.

The Board has provided leadership to the Bank to become an all inclusive bank providing accessible and affordable financial services and in the process generating great shareholder value. All Board members are vetted before appointment to take into account professional qualifications, integrity and track record.

The Board also conducts a self evaluation exercise in keeping with highest international standards. The evaluation focuses on the role and responsibility of the Board, structure, composition, functions and processes, information, meetings among other critical areas.

The Board has established seven Board committees to assist in guiding the direction of the bank. These are Audit, Credit, Risk management & ALCO, Governance, Nominations and Staff Remuneration, Tendering & Procurement, Strategy & Investment, Executive Committees. All the committees are governed by charters setting out their mandates and authority.

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DR. PETER MUNGA , EGH

NON-EXECUTIVE CHAIRMAN

Peter holds two honorary doctorates, Doctor of Letters (Honoris Causa) from The University of Nairobi and Entrepreneurship (Honoris Causa) from Kenya Methodist University. He has a diploma in Human Resources and Financial Management and is a Certified Public Secretary with vast experience in both public and private sector management He is a recipient of the First Class Chief of the Order of the Burning Spear (CBS) and also the Second Class Order of the Golden Heart of Kenya (EGH) national decoration, for his outstanding contributions in economic development. Peter is the Chairman of Pioneer Group of Schools, Equatorial Nut Processors Ltd, Freshco Seeds Ltd and Murang’a Water and Sewerage Company (MUWASCO). He is the current Chancellor of Pioneer International University. He is also a Director with Britam Holdings Ltd and Housing Finance Group. Boards: Non-Executive Chairman, Equity Group Holdings Plc.
 

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DAVID R. ANSELL

CHAIRMAN DESIGNATE

David holds a Bachelor’s degree in Mathematics from the University of North Carolina at Wilmington, another Bachelor’s degree in Finance from the Thunderbird Graduate School of International Management and an Advanced Management Degree (AMP) from the Wharton School of Business. He has served in various assignments at Citibank in the Emerging Markets, including 16 years in Africa as well as Managing Director and CEO of Ecobank Transnational Inc. Boards: Chairman Designate, Equity Group Holdings Plc.

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JAMES MWANGI, CBS

GROUP MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
 

James holds five honorary doctorate degrees from various universities, including Jomo Kenyatta and Kenyatta University. He holds a Bachelor of Commerce degree and is a Certified Public Accountant. He has wide experience in the banking industry including finance. He is a recipient of the First Class Chief of the Order of the Burning Spear (CBS), the Moran of the Burning Spear (MBS) and Head of State Commendation (HSC). He was named the World Entrepreneur of the Year by Ernst & Young in 2012, the Forbes Africa Person of the Year in 2012 and is a holder of the 2007 Global Vision Award. He was also recognized as the 2015 Ai40 CEO of the year. He was named the Banker of the Year during the 4th Banker Africa - East Africa Awards 2017. James serves on several international bodies as an advisor such as the Nairobi Advisory Board of Columbia Global Centres. He is a Board member of the Economic Advisory Board of the IFC, the Africa Leadership Academy in South Africa and the Global Alliance for Food Security and Nutrition. He is the Chancellor of Meru University College of Science and Technology and serving as the Chairman of Kenya’s Vision 2030 Delivery Board.

MARY WAMAE

MARY WAMAE

EXECUTIVE DIRECTOR


Mary holds a Master’s degree in Leading Innovation and Change from York St. John University, UK, a Bachelor of Laws degree from the University of Nairobi and a Diploma in Law from the Kenya School of Law. She is a Certified Public Secretary (Kenya) and member of The Institute of Certified Public Secretaries of Kenya (ICPSK), Law Society of Kenya, Women Corporate Directors and the Kenya Section of International Commission of Jurists. She is a graduate of Advanced Management Programme (Strathmore - IESE Business School, Barcelona Spain) and Advanced Management Programme at Harvard Business School. She is an Advocate of the High Court of Kenya and holds a Post Graduate Diploma in Gender and Development. She has over 14 years’ experience in private legal practice.

HELEN GICHOHI, MBS, OGW

NON-EXECUTIVE DIRECTOR

Helen holds a Ph.D. in Ecology from the University of Leicester in the UK, Master of Science degree in Biology of Conservation from the University of Nairobi and a BSc in Zoology from Kenyatta University respectively. She has held various positions in the Equity Group Foundation, the African Wildlife Foundation and the African Conservation Center. She is a recipient of the Charlotte Wyman Trust’s Women in Conservation Program, the Order of Great Warrior and the Moran of the Order of the Burning Spear (MBS). She won the Giai Environmental Award for 2012 at The WIFTs Foundation International Visionary Awards. Helen serves on the boards of Ol Pejeta Conservancy and Africa Wildlife Foundation and previously served on Kenya Wildlife Service Board.

 

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EVELYN KAMAGAJU RUTAGWENDA

NON-EXECUTIVE DIRECTOR

Evelyn holds a Bachelor of Commerce degree from Makerere University, Kampala and is a Certified Public Accountant. She previously worked as the Auditor General for the Republic of Rwanda; as the Secretary General of Uganda National Chamber of Commerce and Industry (UNCCI); consultant/project accountant for Decentralization Secretariat (Institutional Capacity Building Project); Ministry of Local Government, Uganda and also as Chief Auditor at UCA Auditing Services among others. Evelyn also spearheaded the formation of the Institute of Certified Public Accountants of Rwanda (ICPAR) and subsequently served the Institute in various capacities including, Chairperson of the Interim Governing Council, Ex Officio and elected member of the Governing Council. In 2009 she received an ACCA Achievements Award for her outstanding contribution to developing the accountancy and finance profession. She is currently the Chair-MTN Rwanda and Crystal Telecom Limited Boards of Directors, Vice-Chair, Board of Directors, Rwanda Development Board and also serves on the Board of Directors of Victoria Motors Rwanda.

DEEPAK MALIK

DEEPAK MALIK

NON-EXECUTIVE DIRECTOR

Deepak holds a Bachelor Degree in Commerce and is a fellow member of the Institute of Chartered Accountants India. He is the Chief Executive Officer of Arise and has extensive experience in the financial services sector on the African continent. Prior heading Arise, he worked with Norfund, the Development Bank of Zambia (DBZ), Zambia Consolidated Copper Mines Limited (ZCCM) and serves on various boards of financial institutions across Southern and Eastern Africa.

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VIJAY GIDOOMAL

NON-EXECUTIVE DIRECTOR

Vijay qualified as a lawyer from Clifford Chance in the UK in 1992. He has worked in various capacities with Car & General and has seen the company grow regionally with representation in Kenya, Uganda, Tanzania, Rwanda, Burundi, Seychelles, Eritrea Equity Group Holdings Plc and Subsidiaries Integrated Report & Financial Statements Ethiopia, Djibouti and Somalia. He is an active member of the Young Presidents Association, its past Chairman (Kenya Chapter) and regional board member.
 

Isaac-muthure

ISAAC MUTHURE MACHARIA

NON-EXECUTIVE DIRECTOR

Isaac holds a Master of Medicine in Otorhinolaryngology, Bachelor of Medicine and Bachelor of Surgery from the University of Nairobi and is a Fellow of the College of Surgeons of East, Central and Southern Africa (COSECSA). He is a Professor of ENT, Head and Neck Surgery at the University of Nairobi. He is the East African regional advisor for CBM in Ear and Hearing Care as well as being the Regional Secretary for Africa and the Middle East, International Federation of Otorhinolaryngological Societies (IFOS). He was the President of the Pan African Federation of Otorhinolaryngological Societies (PAFOS). He is a member of The Starkey Hearing Foundation Global Initiative Advisory Board. Prof Macharia was the founder Chairman of the Allergy Society of Kenya and is also the founder Chairman of the Cochlear Implant Group of Kenya (CIGOK). He is Chairman of Savannah Informatics, Jadala Investments and Co-founder and Chairman, Otolaryngology Associates and Nairobi ENT Clinic.

DR. EDWARD ODUNDO

NON-EXECUTIVE DIRECTOR

Edward holds a PhD in Business Administration (Strategic Management) from The University of Nairobi, MBA degree in Strategic Management and Marketing and a BSc. Degree in Finance and Accounting. He is also an alumni of Harvard University, John F. Kennedy School of Government (HSB), London School of Economics (LSE) and holds membership of several professional bodies. He is the former Chief Executive Officer of Retirement Benefits Authority (Kenya), former Director Nairobi securities. He is the Director, School of Pension and Retirement Studies (SPRS), Chairman of the Public Service Superannuation Scheme, Kenya (PSSS) and a lecturer at the University of Nairobi, School of Business and a Consultant in Pensions, Tax, Corporate Governance and Financial Services. He is a recipient of the Moran of the Order of The Burning Spear (MBS). He is a published author having authored a book titled ‘The Doctrine of Strategic Planning’.

DR. JULIUS MUIA

NON-EXECUTIVE DIRECTOR

Julius holds a PhD in Finance, Master of Business Administration degree and Bachelor of Commerce degree from the University of Nairobi. He is a Certified Public Accountant - CPA (K); Certified Public Secretary-CPS (K); Associate, Kenya Institute of Bankers and Associate, Chartered Institute of Arbitrators. He is the Principal Secretary, State Department for Planning, The National Treasury and Planning. Some of his past responsibilities include Director General, Vision 2030 Delivery Secretariat and Secretary of the National Economic and Social Council (NESC). Julius is also the Chairman of International Leadership Foundation–Kenya. Prior to joining the public service in 2008, he served in various leadership and technical capacities in the private sector in the United Kingdom and Kenya rising to Group Finance Director and Chief Operating Officer. He is also a recipient of the Elder of the Burning Spear (EBS).