Family Bank has announced the Changes of its Top Management where Ms Rebecca Mbithi has will be transitioning from the Bank.
Rebecca served as the Lender’s Chief Executive Executive Officer for five years tenure where she successful made tremendous transformation at Family Bank.
She is leaving the bank to pursue other interest according to the statement from Family Group Ltd.
However the Tier 2 bank has announced the appointment of Nancy Njau who will steer the bank as the new Chief Executive Officer and Managing Director.
Njau has been working with the Family Group for 21 years on different capacities.Prior to her appointment she worked as the Head of Retail Banking, Chief Officer Public Sector and most recently as the AG.Chief Commercial Officer(COO).
The Board of Directors of Family Group was pleased to welcome Njau on the new role and responsibilities.
The Board also thanked Ms.Rebecca Mbithi for her immense contribution of the Bank to the higher height in profitability and growth and offering the customers greater value in products and services.
Family Bank has unveiled an exclusive woman banking proposition dubbed ‘Queen Banking’ and set aside KES 50 billion kitty for the next 2 years to cater for the diverse individual and business needs of women to promote women’s economic empowerment and deepen financial inclusion in Kenya.
According to the Economics Kenya Labour Force Report 2022, women form 49.7 per cent of Kenya’s total labour force, makeup 50.3 per cent of Kenya’s total population and 40 per cent of micro and formal SMEs are owned by women.McKinsey Global Institute report 2015 finds that USD 12 trillion could be added to the global GDP if you add women to economic empowerment and narrow the gender gap.
Queen Banking will cater to the needs of three types of women, namely the Woman in Business, the Professional Woman and the Chama Woman.