The new Board will be expected to provide leadership and guidance to steer NBK through the transition and eventual integration within the KCB Group.
“Corporate governance is of utmost priority for us and the structure of the Board and Management is important in ensuring that the level of corporate governance you expect is maintained. We must continue to strengthen and enhance our oversight and risk management practices, which are essential cogs in the banking sector to meet the expectations of our regulators, protect, and serve the interests of our stakeholders,” KCB Group PLC Chairman Andrew Wambari Kairu.
The Board will be chaired by John Nyerere, a member of the KCB Group Plc Board. The other board members are Eng. Stanley Kamau (Director), Gen (Rtd) Dr. Julius Karangi (Director), Jones M. Nzomo (Director), Ms. Linnet Mirehane (Director), Joshua Oigara (KCB Group CEO and MD) and Paul Russo (NBK Managing Director).