SAMSUNG PARTNERS WITH ACTRESS EMMA MYERS AND TEAM GALAXY TO OPEN UP ‘EPIC WORLDS’ USING GALAXY S23 ULTRA

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The Board of Directors of NCBA Bank Kenya PLC has announced the appointment of Ms Rebecca M. Mbithi, a former CEO of Family Bank, as an Independent Non-Executive Director of NCBA Bank Kenya PLC with effect from 1st December, 2024. Ms Mbithi is a lawyer and accountant with more than 24 years’ experience 19 years of which in business management, having served in senior leadership positions at the Kenya Tea Development Agency Limited (KTDA), Rift Valley Railways Kenya Limited, Rift Valley Railways Uganda Limited, and Family Bank Limited where she rose to the position of Chief Executive Officer. Ms Rebecca Mbithi was Managing Director and CEO of Family Bank for five years between 2019 and November 2023 after rising from the position of Company Secretary. Ms Mbithi currently serves as a Director and Consultant on the Board of Across Frontiers Global Li

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“This performance demonstrates the impact of the strategic efficiency measures we implemented across the business, which have enabled significant cost savings. Maintaining these efficiency levels will remain a priority going forward,” said acting Chief Executive Officer Dominic Murage. “Small and Medium Enterprises (SMEs) remain central to our business model and portfolio, and we intend to deepen our support for them. Additionally, as a government-owned institution, we are uniquely positioned to support public sector financing needs. We aim to strengthen our collaboration with government agencies, parastatals, universities and ministries to position Consolidated Bank as the preferred banking partner for the public sector,” he added. The bank’s total assets grew by 11 percent to Sh19.5 billion from Sh17.5 billion in 2024, driven largely by a 29 percent increase in investments in government securities to Sh8.2 billion from Sh6.4 billion.

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Staff Writer

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Consolidated Bank posts Sh217mn in profits

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