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Raimond Molenje Confirmed KBA CEO After Acting for 9 Months

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KBA CEO Raimond Molenje
Mr Raimond Molenje's leadership will be central to driving the banking sector's efforts in promoting responsible finance, supporting climate agenda, and championing sustainable development.
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The Kenya Bankers Association (KBA) has announced the appointment of Raimond Molenje as its new Chief Executive Officer, effective 1st December 2024. Mr Molenje has been serving in as Acting capacity since March 2024.

With over 19 years of experience in legal and regulatory practice, human resources leadership, advocacy, and stakeholder engagement, Mr Molenje has played a pivotal role in shaping the banking sector’s policy and advocacy initiatives since joining KBA in 2018 as Director of Legal, Human Resources, and Policy Advocacy.

KBA says as CEO, Mr Molenje will lead KBA’s strategic direction, focusing on industry advocacy, sustainability, capacity building, training, and fostering key partnerships. His leadership will be central to driving the banking sector’s continued efforts in promoting responsible finance, supporting Kenya’s climate agenda, and championing sustainable development.

“I am delighted to confirm Mr Raimond Molenje’s appointment as CEO,” said Mr John Gachora, Chairman of KBA and NCBA Group Managing Director. “Raimond has exemplified great energy, creativity, tenacity, and thoughtfulness in driving the association’s advocacy efforts. He has built valuable networks and relationships within the industry and beyond,” Mr Gachora said.

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Mr Molenje’s extensive career includes senior leadership positions at De La Rue Currency & Security Print, the Federation of Kenya Employers (FKE), Equity Bank, and the Rural Electrification & Renewable Energy Corporation (REREC). He also practised as a civil and commercial litigation advocate for over six years.

In addition to his role as CEO, Mr Molenje serves on the Board of the Auctioneers & Licensing Board Under the Attorney General’s Office and represents the banking industry on the Mediation Accreditation Committee of the Judiciary. He is also actively engaged in various task forces and working groups dedicated to advancing Kenya’s socio-economic development.

Mr Molenje holds a Bachelor of Laws (LLB) degree from the University of Nairobi, a Postgraduate Diploma in Law from the Kenya School of Law, and an International Diploma in Human Resource Management from Cambridge International College, UK. He is also a practising member of the Law Society of Kenya (LSK) and the Institute of Human Resource Management (lHRM).

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Written by
BT Correspondent

editor [at] businesstoday.co.ke

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