Christine Kagendo 
Architect Francis Gitau Mungai
- The Passing on of Family Bank Chairman Architect Francis Gitau Mungai;
Family Bank Board of Directors and Management regrets to announce the death of our newly appointed Chairman Architect Francis Gitau Mungai, who passed on while receiving treatment in the United States.
Arch. Gitau Mungai has served the Board of Family Bank Limited since 2016 and has been serving as the Vice Chairman for the last two years before his recent appointment as Chairman.
He chaired the Board Credit Committee and the Board Human Resource Committee. He was a member of the Nominations and Governance Committee and a Director of Pesa Pap Digital, a subsidiary of Family Bank Ltd.
Prior to joining the Board, Arch. Mungai had supported the Board both as a customer and as an architect since 1996.
He made invaluable contributions to the growth of the Bank, and he will be missed immensely by all those who had the pleasure of knowing him.
On behalf of the entire Family Bank fraternity, we would like to convey our sincere and most heartfelt condolences to his family, friends and the architectural community during this difficult period.
This comes few weeks when Family Bank Board of Directors appointed Architect Francis Gitau Mungai as the new Chairman of the Board of Directors, subject to regulatory approvals, taking over from long-serving Chairman Dr. Wilfred Kiboro.
Dr. Wilfred Kiboro will be retiring after serving as the Board Chairman since 2012. Dr. Kiboro has been instrumental in the achievement of various milestones including extensive expansion of the Bank’s network from 68 branches to 95 branches in 2024 and steered the Bank through challenging times such as the COVID 19 Pandemic, and the banking sector crisis in 2016. Under Dr. Kiboro’s chairmanship, the Bank also successfully issued two corporate bonds in 2015 and in 2021, raising KES. 2 billion and KES. 4 billion respectively and grown from an asset base of KES. 31 billion in 2012, to KES. 142 billion in 2023, while profitability grew from KES. 561 million in 2012 to KES. 2.5 billion in 2023.
