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Munir Ahmed named new NBK boss

Kenya

Munir Ahmed named new NBK boss

Munir Ahmed named new NBK boss

NAIROBI, Kenya, Jun 7 – The National Bank of Kenya (NBK) has appointed Munir Sheikh Ahmed the new Managing Director.

Ahmed will take over from Reuben Marambii, who served at the helm of the bank for 13 years on August 1.

In a statement released on Thursday, the outgoing MD said “Ahmed brings rich banking experience from Standard Chartered Bank.”

Meanwhile, taxpayers will be able to pay for renewal of their drivers licenses at any NBK branch in the country through a new partnership with the Kenya Revenue Authority (KRA) and the bank.

Under the initiative National Bank of Kenya will act as an agent for KRA collecting money paid for license renewal and issuing renewal stickers.

The initiative that is part of ongoing reforms by the Roads Transport Department is aimed at de-congesting the banking hall at Times Tower and Forodha at Community as well as other offices in the region.

In addition it is expected to enhance efficiency by eliminating brokerage services at KRA offices countrywide.

“Long queues that characterised the renewal of driver’s licenses will soon become a thing of the past. The decentralization of this service will enhance our services and ensure that we offer efficient and timely services to taxpayers,” KRA Commissioner Support Services Hellen Bila said in a statement.

NBK locations in Nairobi where the service is already available include the Harambee Avenue, Kenyatta Avenue, Hospital (Upper Hill), TSC (Upper Hill), Hill Branch at the NHIF Building, Wilson Airport, Eastleigh and Westlands.

The service should be rolled out to other NBK branches countrywide after July this year.

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It costs Sh600 to renew a driver’s license for a year and Sh1,400 for three years.

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