Betty Korir is the latest to join the growing league of female corporate leaders in the banking sector after being appointed the chief executive of Credit Bank. Prior to this, she acted as CEO for a month when then chief, Chege Thumbi, left the company for Sidian Bank in July.
Having been in banking for 20 years, she will be hoping to replicate her past success to sustain the growth of Credit Bank. Apart from being a veteran boasting the full support of her fellow employees – she has worked for the institution for the last four years and this is expected to give her a headstart.
Ms Korir also has the much-needed knowledge, being a holder of a Bachelor of Education Degree, Bachelor of Laws (Hons) LLB and a Master’s Degree in finance and marketing from the University of Nairobi.
She is a member of Global Association of Finance and Management (GAFM), Chartered Credit Analyst (CCA) and an associate of Kenya Institute of Bankers, a finalist in Banking Professional Qualification (AKIB) and a holder of various risk management certifications.
Before being elevated to acting CEO, she served the position of both the bank’s head of credit and the deputy chief executive. Prior to joining Credit Bank, she worked in the United Kingdom at Triodos Bank where she acquired international exposure in project finance and sustainable lending.
Moving forward, it will, however, not be a smooth ride to be able to help the small lender grow, especially at this time when the banking industry in Kenya is being hit hard by the interest rate caps introduced in 2016.
Govt to merge six financial agencies to form mega bank
According to the plan, the new agency will become a one-stop shop for loans from the Government ranging
Win for MCAs in fight for fat pay
They claim the salary capping has negatively affected the effective functioning of the 47 County Assemblies and County Governments
Align Kenya’s political system with global standards
There is need to ensure that our system is in line with international best practice especially as they relate to...
Kitui County embroiled in models ‘sex scandal’
At least 16 models have dismissed the crowning of four winners at a beauty pageant held last month
Kenya not yet fully a free democracy, new report says
While a full report on the country's performance is not yet available online, a summary of the report notes that...
Family of five perishes in Juja inferno
Police said a woman, three children - all aged below 10 years, and a man were found early Tuesday morning
Americans urged to support conservation
Conservation of nature in many countries in Africa contributes significantly to sustainable rural community livelihoods
It’s business as usual, Mike Sonko says
He dismissed reports that Igathe called it quits last Friday following disagreements arising from implementation of key projects and award...
Police mum on theft of State House furniture
Nakuru OCPD Samuel Obara told the press that only police headquarters in Nairobi or State House spokesman Manoah Esipisu can...
Uncertain future for 100 police officers recalled from NTSA
The Director of Personnel at Vigilance House, the Kenya Police Service nerve centre, Boniface Maingi asked the commanders to send...