Mr Gitogo takes over from acting MD Charles Njuguna. Mr Njuguna, the finance director, took over from Tavaziva Madzinga in April, following his exit after just ten months in office.
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Mr Ngumi takes over from Safaricom founder and CEO Michael Joseph, who has chaired the board since August 2020.
KCB’s new interest rates are currently the highest compared to the average industry interest rates on fixed deposit accounts that now stand at 6.61 per cent with savings accounts having declined to 2.56 percent from 3.37 percent in 2021.
Michael was appointed Chairman of Kenya Airways Plc in October 2016.
After completing her nine-year-long innings as Kenya Association of Manufacturers chief executive, Phyllis Wakiaga is now a Senior Private Sector…
Tobias joined KAM in 2005 and was appointed the Head of Membership and Governance in 2010.