Business
KCB Launches Talent Offensive Against NCBA in Response to Safaricom’s Influence
John Okulo has been appointed as the director for corporate banking at KCB Bank Kenya, effective June 5. Telco giant Safaricom triggered a talent war in February, leading to this appointment.
Mr. Okulo, a seasoned banker with 24 years of experience, previously served in a similar position at NCBA Bank.
Annastacia Kimtai, the managing director at KCB Bank Kenya, expressed excitement about having John on board to drive the growth of their corporate banking franchise and contribute to the country’s growth agenda.
Esther Masese Waititu, who held the position since 2021, has been replaced by Mr. Okulo. Esther joined Safaricom in February 2023 as the chief financial services officer.
Ms. Waititu’s departure from KCB sparked a talent battle, resulting in the lender recruiting Mr. Okulo. He has been with CBA since July 2011 and continued his tenure after the merger with NIC to create NCBA in 2019.
John Okulo, the new director for corporate banking at KCB Group
Mr. Okulo has an extensive background in the banking industry, having held various leadership positions.
Previously, he served as the chief commercial officer at Commercial Bank of Africa (CBA), where he successfully managed the commercial operations of the bank.
He also held the position of managing director at NC Bank Uganda and head of corporate and investment banking at Stanbic Bank Uganda.
With a Master of Science in Economics from the University of Gdansk, Poland, Mr. Okulo has acquired a solid educational foundation. Additionally, he holds multiple global and local certifications, further enhancing his expertise in the field.
In 1997, Mr. Okulo embarked on his banking career as a management trainee at Standard Chartered Bank Kenya. This early experience laid the foundation for his future success and growth in the industry.
Currently, Mr. Okulo has joined the corporate banking division of KCB. This division specializes in providing a comprehensive range of financial products and services tailored to the needs of mid-to-large-sized corporates and public sector entities.
To strengthen their technical and financial leadership, KCB has restructured its corporate banking division into sectoral lines. These sectors include manufacturing, industrials, infrastructure and energy, financial services, and the public sector.
By aligning their services in this manner, KCB aims to drive excellence and specialization in each sector, better catering to the unique requirements of their clients.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
Poison at the Pump: How Kenya’s Fuel Marking System May Be Exposing Millions to Cancer-Causing Chemicals
Inside Nyayo House: The Kitchen Cartel That Demands Sh100,000 for a Stove
JSC Rot: “Why I Paid Over Sh4 Million for a High Court Slot” — Explosive Claims by ‘Incoming Judge’
Fly 748 Is Back And Flies You To Mombasa From Just Sh6,500
KRA Introduces WhatsApp Tax Filing and How It Works
Trump Says Iran War Almost Over, Warns Of Weeks More Heavy Strikes
Sold And Abandoned: How Diageo and Asahi Are Locking Kenya’s EABL Minority Shareholders Out Of East Africa’s Biggest Corporate Heist
Treasury Hands Sh358M Brief to Eric Gumbo’s Firm While Bypassing Standard Rules — and the Lawyer Is Already Deep Inside Ruto’s State Machine
Understanding Crash Betting: How It Works and What to Know Before You Play
How Firm Linked To Mombasa Tycoon Jaffer Was Allowed To Import Fuel At Bloated Price And Set To Make Billions In Profits From Iranian War Crisis In Kenya
Tuju Forcefully Removed From His Karen Property With Masked Officers In Unmarked Vehicles In Early Morning Raid
How Little-Known Pesa Print, Linked to State House Tycoons, Won NTSA Tender Worth Sh42 Billion in Traffic Fines
Named: Havi Says Mutava Confessed He Was Collecting The Bribe For Lady Justice Josephine Mongare, So Why Is JSC Still Silence?
The Man With The Golden Pen: How NLC’s Joel Ombati Is Accused Of Masterminding Kenya’s Biggest Infrastructure Land Heist
‘They Will Eat You Alive’: Retired Teacher Warns Against Bashy African Credit as Sh500,000 Loan Spirals Into Sh1.5 Million Fight
THE HANDSHAKE THAT BECAME A NOOSE: How Tuju’s Alleged Intimate Access to EADB’s Yeda Apopo Produced a Sh294 Million Deal With No Written Contract, and Why That Trust Destroyed an Empire
Waweru’s Bank Pockets Sh1.16 Billion from KPC IPO While Ordinary Kenyans Fled the Sale
Forged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence
Men Linked to Akasha Drug Dynasty Charged With Death Threats and Assault at Nairobi Nightclub
The New Master of the Nation: How a Tanzanian Billionaire With a President in His Pocket Just Bought Kenya’s Most Powerful Press
-
Business1 week agoTHE HANDSHAKE THAT BECAME A NOOSE: How Tuju’s Alleged Intimate Access to EADB’s Yeda Apopo Produced a Sh294 Million Deal With No Written Contract, and Why That Trust Destroyed an Empire
-
Investigations5 days agoForged Legacy: How Kaplan and Stratton’s Peter Gachuhi Is Accused of Faking a Top AG’s Will as State Claims Damning Evidence
-
News1 week agoMen Linked to Akasha Drug Dynasty Charged With Death Threats and Assault at Nairobi Nightclub
-
News1 week agoCity Lawyer Kimani Wachira Caught Up In Bribery Web Fights Claims
-
Business5 days agoHow Firm Linked To Mombasa Tycoon Jaffer Was Allowed To Import Fuel At Bloated Price And Set To Make Billions In Profits From Iranian War Crisis In Kenya
-
Business2 weeks agoBig Shame: EY and PwC Found Guilty of Fraud and Corruption in Kenya as World Bank Bans Lay Bare Scandal Inside the Global Audit Elite
-
News4 days agoTreasury Hands Sh358M Brief to Eric Gumbo’s Firm While Bypassing Standard Rules — and the Lawyer Is Already Deep Inside Ruto’s State Machine
-
Business5 days agoTHE BANK THAT BROKE THE TRUCKER: How NCBA’s Asset Financing Empire Is on Trial Before London’s Most Feared Arbitral Tribunal