Joseph Kinyua has been appointed as a non-executive director of KCB Group PLC, effective March 24, 2023.
Bonnie Okumu, Group Company Secretary, announced the appointment in a public notice after it received regulatory approval.
Kinyua is the former Head of Public Service, which he held since 2013. He has a distinguished public service career spanning 44 years and a wealth of experience in public administration.
He is credited with effectively playing a pivotal role in implementing key government initiatives and reforms such as banking sector liberalization, the foreign exchange market, and the trade and capital accounts of the balance of payments, among other initiatives.
Prior to his appointment as Head of Public Service, he held several senior government positions, including Permanent Secretary to the National Treasury.
Kinyua was welcomed by the KCB Group Board of Directors, who expressed confidence that he will bring valuable insights and guidance to the Group as it pursues its vision of becoming a leading Pan-African financial services provider.
The KCB Group is a non-operating holding company that manages KCB Bank Kenya, the National Bank of Kenya, and all regional subsidiaries.
It also owns KCB Bancassurance Intermediary Limited, KCB Capital, KCB Foundation, and several other affiliated companies.
The Group has a KES 1.55 trillion asset base, the largest branch network in the region, 603 branches, 32.4 million customers, and 11,098 employees.
Kenya, Uganda, Tanzania, Rwanda, Burundi, Ethiopia, and South Sudan are among the seven countries in which it operates.