Umbrella bankers group picks Oigara as chairman

PHOTO | Kenya Commercial Bank chief executive officer Joshua Oigara (left) and the group chairman Ngeny Biwott (centre) chief financial officer Collins Otiwu during the Bank's half-year results briefing at the Hilton Hotel in Nairobi on August 29, 2013.   NATION MEDIA GROUP

By Nation Correspondent
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Kenya Commercial Bank chief executive officer Joshua Oigara has been elected chairman of Kenya Bankers Association, taking over from his Barclays Bank counterpart Jeremy Awori.

 

A statement from KCB said Mr Oigara was elected by members of KBA’s governing council at its 52nd annual general meeting on Thursday.

‘The new governing council will serve for a period of 12 months under the chairmanship of Mr Joshua Oigara and vice chairman Jeremy Ngunze of Commercial Bank of Africa,’ reads the statement.

KBA, the bankers’ umbrella body, comprises 45 banks that are licensed and regulated by the Central Bank of Kenya.

These banks are represented by their chief executive officers and/or managing directors, who appoint a governing council to oversee industry-wide activities on behalf of the general body.