KCB Bank Kenya is the overall winner of the 2020 Financial Reporting awards, which seek to celebrate and acknowledge financial institutions which have embraced reporting.
The Bank bagged six awards: Winner Best in Kenya, Best Bank Category and Best among the Listed Companies, first runners-up Corporate Governance Category and second runners-up Integrated Reporting Category.
“The awards are a testament of the deliberate focus we have put in enhancing our reporting, being a responsible corporate, which believes in transparency and accountability. Today, we capture all aspects of our business in our Integrated Report for the good of all our stakeholders,” CEO Joshua Oigara said.
KCB was awarded as the Overall Winner of the 2020 @FiReAwardEA. KCB was also the winner in the Banking category, Listed Companies category, 1st runners up in the corporate governance category as well as 2nd runners up in Integrated reporting category. pic.twitter.com/kWvvKXaw1V
— KCB Group (@KCBGroup) March 29, 2021
FiRe Award is aimed at promoting integrated reporting through enhancing accountability, transparency, and integrity.
This is done to enhance compliance with the appropriate financial reporting framework, and other disclosures on governance, social and environmental reporting by private, public and other entities domiciled in East Africa.
The Financial Reporting (FiRe) Award is the most prestigious and coveted Award in East Africa for financial reporting.
The award is presented annually during a gala evening by the joint promoters; the Capital Markets Authority (CMA) Kenya, the Institute of Certified Public Accountants of Kenya (ICPAK), the Nairobi Securities Exchange (NSE) and the Public-Sector Accounting Standards Board-Kenya (PSASB) and Retirement Benefits Authority ( RBA).
This year, the Bank was recognized by the Middle East & Africa Innovations Awards 2021 (The Digital Banker) for the Best ESG Award and as the Best Bank in Kenya by Global Finance, World’s Best Bank Awards 2021.