The National Bank of Kenya (NBK) Board of Directors has appointed George Odhiambo as the new Managing Director to smoothen work follow in the bank.
The position was formerly held in an acting capacity by Peter Kioko, the Finance and Strategy Director since June 2022.
Odhiambo is the outgoing Managing Director of BPR Bank Rwanda Plc since its inception last year, following the merger between KCB Bank Rwanda Plc and Banque Populaire du Rwanda.
He was the immediate former MD, of KCB Bank Rwanda Plc and joined KCB in 2009 as Head of Business Analytics, KCB Bank Kenya.
Read Also:NSE Now Allows Block Trades From Ksh 3B
Odhiambo has previously served in various leadership roles in Banks locally and internationally.
“The Board takes this opportunity to welcome and congratulate George on his appointment. We believe he has what it takes to drive the future success and growth of the National Bank of Kenya,” the NBC Board Director Dr. James Bagaka said.
Read Also:Uhuru-linked NCBA Bank Ready to Pay Ksh 350M Waived Tax
George Odhiambo holds an MSc in Pure Mathematics and BSc in Mathematical Statistics from the University of Nairobi.
Further, he also acquired several leadership certifications including a Practitioner Diploma in Executive Coaching and a Postgraduate Diploma in Corporate Governance from the Academy of Executive Coaching, UK, and the Centre for Corporate Governance and KCA University.
Read Also:Samsung Unveils Modern S23 Smartphone Worth Ksh 209K
He is a member of the COMESA Business Council Advisory Board and Chairs the Banking Sub-Sector Committee, among other roles.
“George Odhiambo has been instrumental in strengthening and growing the Rwanda business. His broad management experience will be invaluable to the NBK leadership to execute the business strategy of innovation and growth,” the KCB Group CEO Paul Russo said.
The National Bank of Kenya recorded a net profit after tax of Ksh 886 million in its Third-quarter results ending September 30, 2022, compared with Ksh 1,172 million in a similar period in 2021. Net interest income grew by 14 percent from the previous year to Ksh 6.9 billion.
Subscribe to YouTube Channel at Switch TV.
