Co-operative Bank of Kenya has launched the next phase of its Captain’s Club Network Gala Dinner series, bringing its flagship Executive Banking Plus forums to Eldoret, Kisumu and Nakuru. The series kicked off in Eldoret on 7th August and will be followed by Kisumu on 14th August and Nakuru on 21st August, with each event expected to draw 100 guests comprising existing Executive Banking Plus clients and high-potential prospects from across the bank’s retail and business division.
Expanding Premium Banking Beyond Nairobi
The rollout builds on the success of the inaugural Captain’s Club Gala Dinner, Coast Edition, held at Tamarind Hotel, Nyali, in April 2026, and marks a deliberate push by Co-operative Bank to extend its premium banking proposition beyond Nairobi to the country’s key regional economic centres.
Eldoret, Kisumu and Nakuru collectively represent some of Kenya’s most dynamic business environments, anchoring trade, agriculture, manufacturing and logistics activity across the Rift Valley and Nyanza regions.
Executive Plus Centres Strengthen Regional Presence
The Galas will also serve to formally activate the bank’s recently established Executive Plus Centres in each city, with dedicated facilities now operational at Eldoret Rupa’s Mall, Kisumu Milimani and Nakuru Riria Hub.
The centres offer clients concierge-level banking, wealth planning and access to a fully equipped executive boardroom, bringing the full depth of Co-operative Bank’s premium proposition directly into their home markets.
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Building a Community of Accomplished Clients
Speaking at the Eldoret event, Co-operative Bank Head of Executive Banking, Fredrick Okello said: “What we are building with the Captain’s Club is not just a product, but more of a community of Kenya’s most ambitious and accomplished clients. Taking this forum to Eldoret, Kisumu, and Nakuru is our way of saying that world-class banking is not a Nairobi privilege. It belongs everywhere that business thrives in this country.”
Kenya’s Growing Affluent Market
The growth of Kenya’s affluent market provides a compelling context for Co-operative Bank’s expansion of its affluent and wealth management franchise.
According to the Africa Wealth Report 2025, Kenya is home to 6,800 millionaires, while Nairobi accounts for 47% of Kenya’s total private wealth and is home to 4,200 millionaires. Across Africa, the millionaire population is projected to grow by 65% over the next decade, supported by sustained economic expansion.
Sub-Saharan Africa’s economy is forecast to grow by 3.7% in 2025, significantly ahead of Europe at 0.7% and the US at 1.4%.
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Deepening Demand for Wealth Management
Under the stewardship of Nicholas Ithondeka, Managing Director of Co-optrust Investment Services Ltd, the bank’s fund management arm reported Assets Under Management of over KES 500 billion as at June 2025, reflecting the deepening appetite for structured wealth management solutions among Kenya’s affluent class.
Captain’s Club Anchors the Executive Plus Proposition
“The Captain’s Club is not a loyalty programme. It is a deliberate investment in the success of Kenya’s most dynamic business communities. Taking it to three new cities in a single month sends a clear signal about where Co-operative Bank is headed and who we are committed to serving,” Fredrick Okello added.
The Captain’s Club Network sits at the heart of Co-operative Bank’s Executive Plus offering, providing members with access to curated networking forums with influential business leaders, priority engagement with the bank’s investment and advisory teams, and a suite of exclusive financial benefits.
These include unsecured personal loans of up to KES 10 million, integrated wealth and investment advisory services, Visa Platinum debit and credit cards with travel and lifestyle perks, priority access to international business delegations and trade trips, and dedicated relationship management with concierge-level service.
