Family Bank gets new CEO : The Standard - News Summed Up

Family Bank gets new CEO : The Standard


Family Bank Board appoints Rebecca Mbithi new CEOOne of the Family Bank branches in Nairobi (PHOTO: FILE)The Board of Family Bank has appointed Rebecca Mbithi as the Chief Executive Officer, subject to approval by Central Bank of Kenya.She replaces David Thuku who resigned in September 2018. In a press release sent to the Standard newsroom, the board said it is “confident that Rebecca has what it takes to steer Family Bank to the next level. Mbithi is currently the Company Secretary and Director, Legal Services at Family Bank - a position she has held for the last four years. At Family Bank, she has been instrumental in Strategy and Business Development, Capital and Debt Raising, Risk Management, Compliance and Controls, providing legal services and strengthening the Bank’s Governance structures. Family Bank jumped back into profit-making territory, announcing net returns of Sh101.5 million in the first half of 2018 on cost containment and digital banking from a Sh492 million in a similar period in 2017.


Source: Standard Digital February 26, 2019 10:28 UTC



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