The Fellow of the Kenya Institute of Bankers or FKIB designation is the highest honour in the industry and recognizes leaders in the banking industry who have made significant contribution to the banking professional.
It also qualifies the individual as an authoritative voice on banking industry matters.
The Fellow was awarded to Mugambi at the 36th Annual Kenya Institute of Bankers gala dinner held in Nairobi last week.
The function was presided over by Central Bank of Kenya chairman Mohammed Nyaoga.
Mugambi was recognised as a senior member of the banking fraternity for her contributions towards policies that have seen the banking industry be more responsive to market needs and expectations.
Her contributions in the area of consumer protection, alternative dispute resolution and sustainable finance were also recognized by the Institute in the appointment.
““ The FKIB is the industry’s highest honour and distinguishes inductees as achievers who have contributed and will continue to contribute to the advancement of the banking profession and banking industry, including the advancement of the educational ideals of the Institute,” said Kenya Institute of Bankers chairman Reuben Mbindo.
Also honoured on the day were Jane Isiaho, Fred Michuki and Onyango Obiero. Previous recipients of the Fellows designation and notable banking industry leaders are Dr Peter Muthoka, Chairman of the Old Mutual Asset Managers, Nasim Devji, Group Chief Executive Officer of Diamond Trust Bank, and Francis Okomo-Okelo, Chairman of Barclays Kenya.