NAIROBI, Kenya, May 27 — Former Head of Public Service and Secretary to the Cabinet Joseph Kinyua has been elected to chairperson KCB Group Plc Board with immediate effect.
Kinyua who was appointed to the Board of KCB Group in March, takes over from Andrew Kairu, who retired after serving for a term of five years in line with the Board Charter.
Kinyua thanked the Group Board for the appointment saying he looks forward to working together to propel KCB Group to even greater heights in the Eastern and Central African Region as the bank of choice in providing financial services to our people”
Kairu said is honoured to be leaving behind a strong, diverse, and competent board that will continue to drive the business to achieve and sustain its strategic objectives and a seamless transition to ensure continuity.
“It has been an honour to serve the KCB Group. I leave behind a strong, diverse, and competent board that will continue to drive the business to achieve and sustain its strategic objectives and a seamless transition to ensure continuity. I would like to thank all our shareholders, my fellow board colleagues, our employees, regulators, and all partners for the transformative collaboration we have had that has led to the various successes our Group has achieved over the last five years,” Kairu said.
Kinyua Profile
Prior to Kinyua’s appointment as the Head of the Public Service in 2013, he had served in various senior positions in the government, including as Permanent Secretary to the National Treasury.
He started off his career as an assistant lecturer at the University of Nairobi in 1978 before moving to the Central Bank of Kenya (CBK) two years later, where he became the director of research.
Between 1985 to 1990, he worked for the International Monetary Fund (IMF) as an economist before returning to CBK.
He also served as the Permanent Secretary at the Ministry of Planning and National Development and the Ministry of Finance between 2003 and 2013.
He has also served as an Alternate Governor on the Board of Governors of the World Bank and on the Programme Committee of the African Economic Research Consortium (AERC).
