Corporate

NBK Appoints George Odhiambo as Managing Director

The National Bank of Kenya (NBK) Board of Directors has appointed George Odhiambo as the Managing Director. The position was previously held in an acting capacity by Peter Kioko, the Finance and Strategy Director since June 2022.

George, a seasoned banker, is the outgoing MD BPR Bank Rwanda Plc since its inception last year, following the merger between KCB Bank Rwanda Plc and Banque Populaire du Rwanda. George was the immediate former MD, KCB Bank Rwanda Plc and joined KCB in 2009 as Head, Business Analytics, KCB Bank Kenya. He has previously served in various leadership roles in banks locally and internationally.

“The Board takes this opportunity to welcome and congratulate George on his appointment We believe he has what it takes to drive the future success and growth of NBK,” said NBK Board Director Dr. James Bagaka.

George holds an MSc in Pure Mathematics and BSc in Mathematical Statistics from the University of Nairobi.

He has also acquired several leadership certifications such as a Practitioner Diploma in Executive Coaching and a Postgraduate Diploma in Corporate Governance from the Academy of Executive Coaching, UK and the Centre for Corporate Governance & KCA University respectively. He is a member of the COMESA Business Council Advisory Board and Chairs the Banking Sub-Sector Committee, among other roles.

“George has been instrumental in strengthening and growing the Rwanda business. His broad management experience will be invaluable to the NBK leadership to execute the business strategy of innovation and growth,” said KCB Group CEO Paul Russo.

NBK posted a Ksh.886 million profit after tax in its third quarter results ending September 30, 2022, compared to Ksh.1.1 billion a similar period in 2021.

 Net interest income grew by 14 percent from the previous year to Ksh.6.9 billion.

The National Bank of Kenya (NBK) Board of Directors has appointed George Odhiambo as the Managing Director. The position was previously held in an acting capacity by Peter Kioko, the Finance and Strategy Director since June 2022.

George, a seasoned banker, is the outgoing MD BPR Bank Rwanda Plc since its inception last year, following the merger between KCB Bank Rwanda Plc and Banque Populaire du Rwanda. George was the immediate former MD, KCB Bank Rwanda Plc and joined KCB in 2009 as Head, Business Analytics, KCB Bank Kenya. He has previously served in various leadership roles in banks locally and internationally.

“The Board takes this opportunity to welcome and congratulate George on his appointment We believe he has what it takes to drive the future success and growth of NBK,” said NBK Board Director Dr. James Bagaka.

George holds an MSc in Pure Mathematics and BSc in Mathematical Statistics from the University of Nairobi.

He has also acquired several leadership certifications such as Practitioner Diploma in Executive Coaching and Postgraduate Diploma in Corporate Governance from the Academy of Executive Coaching, UK and the Centre for Corporate Governance & KCA University respectively. He is a member of the COMESA Business Council Advisory Board and Chairs the Banking Sub-Sector Committee, among other roles.

“George has been instrumental in strengthening and growing the Rwanda business. His broad management experience will be invaluable to the NBK leadership to execute the business strategy of innovation and growth,” said KCB Group CEO Paul Russo.

NBK posted a Ksh.886 million profit after tax in its third quarter results ending September 30, 2022, compared to Ksh.1.1 billion a similar period in 2021.

 Net interest income grew by 14 percent from the previous year to Ksh.6.9 billion.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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