Bankers body retains Etemesi as Chairman

July 2, 2012
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The body also nominated and elected the Association’s board of directors, known as the Governing Council/FILE
NAIROBI, Kenya, Jul 2 – The Kenya Bankers Association (KBA) has re-elected Richard Etemesi as the chairman of the banking industry umbrella body for another period of 12 months.

The body also nominated and elected the Association’s board of directors, known as the Governing Council.

The Council will serve for 12 months under the chairmanship of Etemesi who is also the Managing Director of Standard Chartered Bank, and vice chairman James Macharia of NIC Bank.

At the same time, the Association approved plans to reposition the banking sector’s umbrella body. This will see KBA strengthen its involvement in policy and research, as well as stakeholder engagement, including the banking public.

“We thank the Governing Council and particularly the Chairman for the support they have provided the Association,” said Habil Olaka, Chief Executive Officer of KBA.

“We are embarking on a new chapter. One that will consolidate our position as a leader on banking matters, an advocate for the growth and development of the industry, and a channel through which banks can collectively engage customers and society.”

The 13 members of the Governing Council for the 2012/2013 period include Kenya Commercial Bank, Co-operative Bank of Kenya, Barclays Bank of Kenya, Standard Chartered Bank.

Commercial Bank of Africa, Diamond Trust Bank, I&M Bank, NIC Bank, Family Bank, Consolidated Bank of Kenya, Guardian Bank, Middle East Bank and Gulf Africa Bank.

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