Banks Re-Elect KCB’s Joshua Oigara as KBA Boss

The Kenya Bankers Association (KBA) have re-elected Joshua Oigara as the chair of the KBA Governing Council.

During the Association’s 57th Annual General Meeting held on Wednesday, banks also re-elected John Gahora as Vice Chairperson. The team will serve for the 2019/2020 period.

The KCB boss will be heading the bankers body for the sixth year running after he was first elected in 2014.

In a statement issued by the bankers body, KBA notes that Oigara has been very instrumental in steering the banking sector to implement various progressive initiatives. Further, the KCB boss has contributed to stability of the industry during the interest cap regime.

Since he took over in 2014, Oigara has has seen the increase efficiency of the Automated Clearing House (ACH), enabling banks to enhance security and clear foreign currency-denominated cheques within two days. It is also during his tenure that Inuka Enterprise Program was launched. The program seeks to enhance small, and medium-sized enterprises (SMEs) access to credit through capacity building.

In his new term, Oigara has committed to sustain industry growth by working closely with all stakeholders, including the Central Bank of Kenya, to promote lending to SMEs.

The chairman also added that KBA will soon launch its 2023 Strategic Plan which will further promote innovation while ensuring financial inclusion. Oigara also added that KBA’s 2023 Strategic Plan will ensure the Association continues to be relevant to both banks and the banking public.

“We are very proud of how KBA has emerged as the primary voice of the financial services sector and a key facilitator of banking industry growth and development,” he said.