Top NCBA executives exit bank amid layoffs - News Summed Up

Top NCBA executives exit bank amid layoffs


One of the NCBA branches (PHOTO: File)Jeremy Ngunze has left his position as the Executive Director of NCBA Bank Group and Group Director Corporate Development and Regional Business. In a public notice on Thursday, NCBA said Mr Ngunze had opted for early retirement alongside Livingstone Murage, who was until yesterday the Group Company Secretary and Group Director - Governance. Ngunze had been at the bank for 12 years, while Murage’s exit marked the end of his 35-year stint at the lender. NCBA, which became Kenya’s third-largest bank by market size following the merger with NIC Bank last September, had earlier announced plans to retrench staff amid a tough operating environment in the wake of Covid-19. Reorganising NCBA’s workforce, Gachora noted, would protect the future of the company.


Source: Standard Digital January 01, 2021 11:48 UTC



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