Annastacia Kimtai
Annastacia Kimtai is a Kenyan banker, businesswoman and corporate executive, who serves as the managing director and chief executive officer of KCB Bank Kenya Limited, the Kenyan subsidiary of the KCB Group, a large multinational financial services conglomerate headquartered in Kenya with banking subsidiaries in the seven member countries of the East African Community.[1]
Annastacia Kimtai | |
|---|---|
| Born | |
| Nationality | Kenyan |
| Citizenship | Kenya |
| Education | Bachelor of Arts MA in Rural Ecenomics MBA in Business & Strategic Management |
| Occupation | Bank Executive |
| Years active | 1998 — present |
| Known for | Banking and Business management |
| Title | Managing Director and CEO KCB Bank Kenya |
She assumed her new role effective 12 April 2023. Prior to that, for the four months between December 2022 and April 2023, she served as the MD/CEO of KCB Bank Kenya in acting capacity. Before that, for a period of over 11 years, she was the Retail Banking Director at the same institution.[1][2]
Education
She was admitted to Dr. Bhimrao Ambedkar University (formerly Agra University) in Agra, Uttar Pradesh, India. From there, she obtained a Bachelor of Arts degree in economics and a Master of Arts in Rural Economics. Later, she graduated with an MBA in Strategic Management. She has trained in the Senior Executive Program at the Harvard Business School, among other leadership and management programs.[1][3]
Career
She started out as a graduate management trainee at a bank branch in Mombasa in 1998. She was promoted to branch manager in 2004. In 2011, she was appointed as the director of retail banking at the Kenyan subsidiary of KCB Group Plc, a role she served in until she was appointed as CEO/MD of KCB Bank Kenya Limited.[1][3]
Her appointment is in line with Central Bank of Kenya guidelines that recommend the separation of duties of the holding company's CEO /MD (Group managing director/chief executive officer) from those of the CEOs of the group's subsidiaries. Annastacia Kimtai is the first individual to serve as CEO of KCB Bank Kenya Limited, a role previously served by the CEO KCB Group Plc.[4]
Other considerations
In her role as CEO/Managing Director of KCB Bank Kenya Limited, she sits on the boards of KCB Group Plc, KCB Bank Kenya and KCB Group Foundation.[5]
References
- Esther Nyambura (13 April 2023). "KCB appoints Annastacia Kimtai new Managing Director of Kenya unit". The Standard (Kenya). Nairobi, Kenya. Retrieved 21 October 2023.
- FAFW2020 (May 2020). "Brief Biography of Annastacia Kimtai, Retail Banking Director At KCB Bank Kenya Limited" (PDF). Finance Alliance For Women 2020 (FAFW2020). Brooklyn, New York City. Retrieved 21 October 2023.
- Felix Ochieng (13 April 2023). "Annastacia Kimtai Appointed KCB Bank Kenya Managing Director". The Kenyan Wall Street. Nairobi, Kenya. Retrieved 21 October 2023.
- Patrick Alushula (13 April 2023). "KCB Group picks insider as first CEO of Kenya unit". Business Daily Africa. Nairobi, Kenya. Retrieved 21 October 2023.
- KCB Group (21 October 2023). "About Us: Our Leaders: Board of Directors and Executive Management". KCB Group Plc. Nairobi, Kenya. Retrieved 21 October 2023.